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 […]

IFF’s Frutarom acquires majority stake in European ingredients producer Leagel

ITALY – International Flavors & Fragrances Inc has said that its Frutarom division has acquired 70% stake in in Leagel S.r.l. (“Leagel”), a leading producer of ice cream and gelato ingredients in Europe. IFF said […]

2 Sisters completes sale of Green Isle Brands and frozen foods business

UK – 2 Sisters Food Group has announced that it has completed the sale of its Green Isle Brands and Donegal catch frozen foods business to a consortium of investors for an undisclosed sum. The […]

Marfrig’s National Beef acquires Iowa Premium from Sysco for US$150m

USA – National Beef, the Missouri based beef processor and subsidiary of Marfrig Global Foods has acquired Iowa Premium, a meat packer previously owned by Sysco in a transaction valued at US$150 million. Iowa Premium, […]

Private equity firm AEEI mulls increasing stake in Pioneer Foods

SOUTH AFRICA – African Empowerment Equity Investments (AEEI), which also controls Premier Fishing & Brands is considering acquiring a bigger stake at of South Africa’s consumer brand Pioneer Foods, reports Business Day. AEEI Chief Executive […]