Diageo’s United Spirits plans merger with its Indian subsidiary Pioneer Distilleries

INDIA – United Spirits Limited, the Indian unit of the global liquor company Diageo, has proposed a merger with its majority owned and listed subsidiary Poineer Distillers Limited, reports India Times. According to United Spirits, […]

Conagra closes divestiture of its DSD snacks business to Utz Foods

USA – Conagra Brands has completed the divestiture of the portion of its snacks business that operates under a Direct-Store-Delivery (DSD) snack business to Utz Quality Foods for an undisclosed sum. The transaction included the […]

Olam International acquires Hughson Nut to expand its almond ingredients business

USA – Global food and agri-business company, Olam International has secured a deal to acquire a 100% interest in leading Californian almond processor and ingredient manufacturer Hughson Nut Inc (HNI) for US$54 million. Owned by […]

Sensient to divest non-core product lines as Q3 earning plunge 33%

USA – Global colors, flavors, and fragrances company, Sensient Technologies has unveiled plans offloading its inks, fruit preparation and fragrance business lines as as the company seeks to further solidify its strategic focus. According to […]

AAK snaps majority stake in lecithin producer Soya International

UK – Specialty ingredients supplier, AAK has acquired 80 percent shareholding in Soya International to expand its ingredient portfolio with speciality lecithins. Soya International focuses on the sourcing, processing and distribution of semi-specialty and speciality […]

Surlat merges with Quillayes to strengthen Emmi’s operations in US

USA – Surlat, a Chilean dairy company and subsidiary of Emmi has merged with its competitor Quillayes to strengthen Emmi’s presence in Latin American. The merger has resulted into a new company, Quillayes Surlat, in […]

South Africa packaging group Sappi to acquire Canadian paper mill for US$175m

SOUTH AFRICA – Sappi Limited, a South Africa based paper packaging group, has entered into an agreement to acquire the Matane high yield hardwood pulp mill in Quebec, Canada from Rayonier Advanced Materials for US$175 […]

Ethio-Sugar eyes acquisition of two sugar plants in privatisation deal

ETHIOPIA – Ethio-Sugar Manufacturing Share Company, a newly established sugar company, has started negotiations to acquire pioneering state-owned sugar producers Wonji-Shoa and Metehara Sugar Plants. According to the company’s management, the negotiations of the acquisition […]

Givaudan to acquire Vietnamese flavor company Golden Frog

VIETNAM – Swiss flavors and fragrances company, Givaudan has announced that it has agreed to acquire Golden Frog, a Vietnamese company owned flavor house for an undisclosed sum. The acquisition is part of the company’s […]

Buhler acquires PR&D, Inc. to strengthen feed offerings in the US

USA – Buhler North America has announced that it has acquired PR&D, Inc., a US-based pellet mill and other equipment service company to expand its feed service offerings in the United States. According to Buhler, […]