AB InBev’s Carlton & United Breweries acquires Riot Wine to expand portfolio

AUSTRALIA – Brewing giant Carlton & United Breweries, a subsidiary of AB InBeV has acquired Australian wine company Riot Wine Co, for an undisclosed sum. The deal marks Carlton & United Breweries’ entry into the […]

McDonald’s to acquire AI firm Apprente to expand its tech capabilities

USA – McDonald’s has secured an agreement to acquire California based tech firm Apprente, to enable the company expand its tech capabilities in the growing fast-food sector. Apprente develops voiced-based conversational technology powered by artificial […]

Dean Foods to remain standalone business after strategic review

USA – Dean Foods, America’s leading food and beverage manufacturer has resolved to operate as a standalone unit following a comprehensive review of strategic alternatives, including a possible sale of the company. Dean Foods initiated […]

Coffee Day group to sell promoter stake in Sical Logistics

INDIA – Coffee Day Enterprises Ltd (CDEL), the holding company of Coffee Day Group has unveiled plans of selling its entire promoter stake in Sical Logistics as the company seeks to refinance its existing debt. […]

The Redwood Group acquires US grain trader Ceres Commodities

USA – The Redwood Group has completed the acquisition of Ceres Commodities a supplier of organic and conventional grains into East and Southeast Asian food markets. The Redwood Group is an employee-owned supply chain, merchandising […]

BRF offloads stake in Singapore-based joint venture for $12.3m

SINGAPORE – Brazilian meat packing company, BRF has sold its 49% stake in the SATS BRF Food joint venture in Singapore to SATS Food Services for SGD 17 million (US$12.3 million). SATS, a ground handler […]

Burton’s Biscuit Company acquires Paterson Arran in Scotland

UK – Burto’s Biscuit Company has acquired Scottish short bread an oatcake supplier Petarson Arran, to boost its presence in the food service market. Paterson Arran produces shortbread, oatcakes, biscuits and cookies as well as […]

Hershey to acquire One Brands for US$397m to boost nutritional snacks segment

USA – American chocolate giant, The Hershey Company has entered into an agreement to acquire low-sugar and high protein bars maker One Brands for US$397 million. Hershey, which recently made a minority investment in Irish […]

Hain Celestial sells Tilda rice brand to Spain’s Ebro Foods for US$342m

USA – American food group, Hain Celestial has sold its Tilda rice brand to Spain based Ebro Foods for US$342 million, as it continues to simplify its portfolio of brands. Tilda will contribute approximately US$200 […]

Oregon Potato Company to acquire assets of NORPAC Foods

USA – Oregon Potato Company (OPC) has secured an agreement to acquire assets of NORPAC Foods, a grower-owned fruit and vegetable cooperative in Oregon, US. NORPAC is Oregon’s largest fruit and vegetable processor and has […]