ZX Ventures acquires UK beer subscription service BeerBods

UK – AB-InBev’s investment arm, ZX Ventures has secured a deal to acquire UK online beer club and subscription service, BeerBods. BeerBods said in a statement that it has entered into an exclusive partnership with […]

Firmenich acquires minority stake in Chinese flavor company ArtSci

CHINA – Leading flavors and fragrances company, Firmenich has acquired an undisclosed minority stake in Chinese food flavors and ingredients company, ArtSci Biology Technologies (Hangzhou) Co., Ltd (“ArtSci”). The partnership expands Firmenich’s reach in Central […]

Keytone Dairy acquires UHT drinks maker Omniblend for US$15.5m

AUSTRALIA – Keytone Dairy, leading dairy manufacturer in New Zealand and Australia has entered into a binding agreement to acquire Australian UHT drinks manufacturer for US$15.5 million (AUD 22.6 million). The acquisition will be funded […]

Nigeria’s Ellah Lakes Plc acquires Telluria Limited to diversify operations

NIGERIA – Ellah Lakes Plc, a fishing company in Nigeria, has acquired full has acquired 100 percent equity stake in Telluria Limited, one of the leading oil Palm and cassava producers in the country, at an […]

Boston Beer Company merges with Dogfish Head in a deal worth US$300m

USA – The Boston Beer Company has signed a definitive merger agreement with Delaware based company, Dogfish Head Brewery in a transaction valued at approximately US$300 million. The merger looks to explore opportunities in the […]

Hain Celestial sells Pure Protein business to Aterian for US$80m

USA – The American organic and natural products company, Hain Celestial has agreed to sell its Hain Pure Protein business to private equity Aterian Investment Partners III, LP for US$80 million. The transaction is subject […]

Pernod Ricard to acquire Italian premium gin brand Malfy

ITALY – The global spirits company, Pernod Ricard has agreed to acquire the Italian super-premium gin brand Malfy from Biggar & Leith for an undisclosed sum. Malfy makes a range of super-premium gins distilled by […]

Wessanen agrees to US$997m takeover offer from a consortium of PAI

UK – The Kallø, Whole Earth, and Clipper Teas brands owner Wessanen UK has announced that it has accepted a takeover offer from a consortium of private equity firm in a US$997.83 million (885 million […]

Constellation to sell 30 wine and spirits brands to Gallo for US$1.7b

USA – Corona beer maker, Constellation Brands has announced that it has agreed to sell about 30 brands from its wine and spirits portfolio to E. & J. Gallo Winery for US$1.7 billion. The transaction […]

ADM buys European citrus flavor ingredients provider Ziegler Group

GERMANY – The global food processing and commodities trading company, Archer Daniels Midland Company (ADM) has reached an agreement to acquire the Ziegler Group, a leading European provider of natural citrus flavor ingredients. ADM said […]