Barry Callebaut completes acquisition of D’Orsogna Dolciaria

SWITZERLAND - Barry Callebaut, the world’s leading manufacturer of chocolate and cocoa products, has announced that it has successfully completed the acquisition of D’Orsogna Dolciaria. “We are pleased to close this agreement with D’Orsogna Dolciaria. This acquisition is a perfect fit with our ’smart growth’ strategy and will allow us to further accelerate the growth…

Coca-Cola completes buy of AB InBev stake in Coca-Cola Beverages Africa

AFRICA – Coca-Cola Company and Anheuser-Busch InBev (AB InBev) have announced that they have completed the transition of AB InBev’s majority interest in Coca-Cola Beverages Africa (CCBA). The transition, which was first announced in December 2016, makes The Coca-Cola Company the controlling shareowner of CCBA, which is the biggest bottler in Africa. The deal involves…

Heineken plans to sell off production facility in Russia

RUSSIA - Heineken, the world’s third-largest brewer, has announced its plans to sell its production site in Kaliningrad, Russia for US$4.3 million. According to Reuters, the Dutch company had already halted production at the Kaliningrad plant in January, citing a steady decline in Russia’s beer market due to the tightening of the regulation and recession.…

Tetra Pak acquires German company to boost ice cream products offering

SWEDEN - Tetra Pak has acquired Big Drum Engineering, a company that develops, builds and installs filling machines and systems for the ice cream and general food industry, to strengthen its product offering for ice cream manufacturers. The deal will expand Tetra Pak’s ability to provide end-to-end solutions for the food and beverages companies. The…

Unilever acquires Brazilian natural and organic business Mãe Terra

BRAZIL – Anglo-Dutch group Unilever has signed a deal to acquire the Brazilian natural and organic food business Mãe Terra for an undisclosed sum. Mãe Terra is a fast growing brand in Brazil, which provides health-conscious consumers with organic and nutritious food products since its establishment in 1979. Unilever’s purchase of Mãe Terra marks the…

Danone invests in French organic baby food start-up Yooji

FRANCE – Danone Manifesto Ventures has announced its investment in the French organic food start-up Yooji, the value of which has not been disclosed. The investment highlights Danone’s response to a consumer shift towards healthy living as their tastes are drawing the company interests towards the food and manufacturing industry, to promote healthy lifestyles. However,…

Astral sells feed business to Cargill, to focus on poultry operations

SOUTH AFRICA - Southern African integrated poultry producer Astral Foods is ridding itself of a noncore asset in an effort to sharpen its focus on its poultry business. Astral reported on Wednesday that it had sold off its stake in animal nutrition business Provimi to US-based food and agriculture company Cargill for an undisclosed amount.…

GEA acquires Italian pasta equipment maker, Pavan Group

GERMANY - GEA, one of the largest suppliers of process technology for the food industry has acquired the Italian Pavan Group, a leading supplier of extrusion and milling technology for processing of all kinds of pasta, snacks and breakfast cereals. Pavan Group had in 2016 generated revenue of around US$182.5 million, with EBITDA of almost…