Nampak sells glass business for US$125m to AB InBev’s affiliate Isanti Glass 1

SOUTH AFRICA – Nampak, a South Africa based diversified packaging manufacturer, has sold its glass business to Isanti Glass 1 for about R1.5bn (US$125m). Isanti Glass 1 is 60% owned by investment firm Kwande Capital, […]

Azelis acquires Canadian specialty ingredients and chemicals firm Chemroy

CANADA – Leading chemicals and ingredients supplier, Azelis has announced that it has acquired 100% shareholding in Canadian distributor of specialty chemicals and food ingredients, Chemroy for an undisclosed amount. Azelis said that the transaction […]

United Spirits sells Four Seasons wines business to Grover Zampa Vineyards

INDIA – United Spirits Limited (USL), the Indian subsidiary of the global liquor company, Diageo has entered into a share purchase agreement for the sale of its entire equity share capital in its wholly owned […]

Delta Corporation acquires United National Breweries from Diageo

SOUTH AFRICA – Diageo announced that it has entered into an agreement for the sale of South Africa’s United National Breweries (UNB), a maker of sorghum-based traditional African beer to Delta Corp of Zimbabwe, reports […]

Cargill to sell global malt business to French cereals firm Axereal

FRANCE – Global agribusiness giant has said that it has agreed to sell its malt business to France-based cereals cooperative Axereal’s malt subsidiary, Boortmalt. The transaction involves the global malt business, including 15 facilities across […]

Coca-Cola completes US$5.1b acquisition of Costa coffee from Whitbread

The Coca-Cola Company has announced that it has completed the acquisition of Costa coffee from Whitbread Plc in a transaction pegged at US$5.1 billion following the approval from regulatory authorities in the European Union and […]

Dairy Farmers of America agrees to acquire Agropur’s Minnesota facility

USA – The Dairy Farmers of America (DFA) has entered a definitive agreement to acquire Agropur-owned production facility in St. Paul, Minnesota to strengthen presence in the United States. The acquisition will expand the farmer-owned […]

FrieslandCampina acquires Spanish cheese distributor Millan Vicente

EUROPE – The Dutch multinational dairy cooperative,FrieslandCampina has said that it has acquired Spain based cheese co-packer and distributor Millan Vicente to strengthen its position as a cheese supplier to Spanish and Portuguese consumers. As […]

Heineken buys majority stake in Spanish craft brewer La Cibeles

EUROPE – The Dutch brewing company, Heineken has acquired a 51% majority stake in Cervezas La Cibeles, a Spanish microbrewery for an undisclosed amount. With the transaction, Heineken aims to boost the brand’s distribution and […]

FrieslandCampina acquires US cheese distributor Jana Foods

USA – Global dairy company, FrieslandCampina has announced that it has acquired US based importer and distributor of cheese, Jana Foods for an undisclosed amount. The acquisition builds the already existing relationship between FrieslandCampina and […]