Heineken’s Polish unit Grupa Zywiec acquires Browar Namyslow for US$131.6m

POLAND – Heineken’s Polish subsidiary Grupa Zywiec is set to acquire beer maker Browar Namyslow at a valuation of US$131.6 million as the Dutch brewing firm expands to increase footprint in Poland. Zywiec will assume full control of Browar Namyslow, a company situated in the west of Poland, near Wroclaw. Heineken, which holds a 65%…

Bunge’s joint venture EGT acquires a grain elevator near Sidney

USA - EGT, LLC, a joint venture between Bunge North America and ITOCHU, announced that it has purchased a grain elevator in Sidney, Montana from Busch Agricultural Resources, LLC, a division of A-B InBev, N.V. for an undisclosed amount. According to EGT, the Sidney elevator has access to the Burlington Northern Sante Fe railroad which…

Amber Beverage agrees to acquire Russian spirits producer Permalko

RUSSIA – Amber Beverage Group, a subsidiary of the alcoholic beverages producer SPI Group has announced that it set to acquire a controlling stake in Permalko for an undisclosed sum. As part of the transaction, Amber Beverage Group will retain all of the Permalko operational management team and staff. According to the company, the acquisition…

Diageo sells portfolio of nine brands to Sazerac for US$550m

USA – The British multinational alcoholic beverages company has agreed the sale of nineteen brands to a privately held American alcoholic beverage company, Sazerac for a consideration of US$550 million. Diageo has also entered into long-term supply contracts with Sazerac on completion for five of the brands each for a period of ten years. Supply…

Krones acquires Germany’s PET equipment manufacturer MHT Holding

GERMANY - German packaging and bottling machine manufacturer, Krones has acquired MHT Holding, a PET equipment manufacturer for an undisclosed amount. According to the company, the deal strengthens its PET capabilities through portfolio expansion and closes a gap in its PET value chain. It also represents an upstream extension of the Krones portfolio into tooling…

Parmalat acquires Kraft Heinz’s Canadian natural cheese business for US$1.2b

CANADA – Kraft Heinz has announced that it has agreed to sell its Canadian natural cheese business to Parmalat for US$1.23 billion with the transaction expected to close in the first half of 2019, subject to regulatory review and approval. The agreement includes the sale of natural cheese brands Cracker Barrel, P’tit Quebec and aMOOza! in the Canadian market. As…

PepsiCo to acquire UK chips company Pipers Crisps

UK – Beverage and snacks major PepsiCo has announced that it will acquire the UK maker of natural potato chips, Pipers Crisps for an undisclosed amount. The deal which awaits regulatory approval by the Competition and Markets Authority will allow PepsiCo to develop and export the Lincolnshire based crisp brand. Pipers was founded in 2004…

United Caps acquires closure manufacturer Embalatap to expand portfolio

SPAIN - United Caps Luxembourg S.A., designer and producer of plastic caps and closures has acquired the Spanish manufacturer of closures, Embalatap for an undisclosed sum. United Caps said the acquisition expands its product portfolio especially the edible oil category since it relates to closures used in the Southern European market. The acquisition will not…