Norway’s TCapital acquires SA meal kit delivery startup company Daily Dish

SOUTH AFRICA – TCapital, a Norwegian private equity group has announced it has acquired Daily Dish, a meal kit delivery startup based in Cape Town, South Africa to merge with TCapital’s healthy dinner delivery, Day […]

2 Sisters sells UK-based bakery foods business to Valeo Foods for US$83.48m

UK – 2 Sisters Food Group has entered into an agreement to sell its UK-based pudding business, trading as Matthew Walker to Valeo Foods Group for £67 million (US$83.48m). Headquartered in Derbyshire, Matthew Walker produces […]

Pilgrim’s Pride buys meat processor Tulip from Danish Crown for US$353.79m

UK – Pilgrim’s Pride, a meat processing company controlled by Brazil’s largest meat producer, JBS has secured a deal to acquire UK meat processor Tulip from Danish Crown in a transaction valued at £290 million […]

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 […]