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Wednesday, September 27, 2023
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Category: Mergers & Acquisitions

Sealord expands in New Zealand seafood industry with Independent Fisheries acquisition

September 18, 2023September 18, 2023

NEW ZEALAND – New Zealand’s Sealord Group has acquired local fishing company, Independent Fisheries, solidifying its position as the country’s…

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LATEST NEWS Meat, Poultry & Fish Mergers & Acquisitions WORLD NEWS 

Regulatory decision on Coles’ acquisition of Saputo milk plants delayed amidst competition concerns

September 16, 2023September 15, 2023

AUSTRALIA – Australia’s Competition Regulator, the Australian Competition and Consumer Commission (ACCC), has deferred its decision on the proposed acquisition…

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Dairy & Infant Foods LATEST NEWS Mergers & Acquisitions WORLD NEWS 

J. M. Smucker enters US$5.6B deal to acquire Hostess Brands  

September 12, 2023September 12, 2023

USA – The J. M. Smucker Co., a leading consumer foods company, has signed a definitive agreement to acquire Hostess…

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LATEST NEWS Mergers & Acquisitions WORLD NEWS 

Nestlé expands presence in Brazil’s chocolate market with Grupo CRM acquisition

September 8, 2023September 8, 2023

BRAZIL – Nestlé, the global food and beverage giant, is set to expand its footprint in the Brazilian chocolate market…

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Beverages LATEST NEWS Mergers & Acquisitions Sugar & Confectionery WORLD NEWS 

Iceland Seafood International sells UK division to Danish company Espersen

September 6, 2023September 7, 2023

UK – Iceland Seafood International (ISI) has finalized an agreement to sell its UK division to Espersen, a prominent Danish…

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Financials & Economy LATEST NEWS Meat, Poultry & Fish Mergers & Acquisitions WORLD NEWS 

Pick n Pay receives green light from competition commission to acquire Tomis Group

September 5, 2023September 5, 2023

SOUTH AFRICA – South African Competition Commission has given the green light to the sale of Tomis Group, a prominent…

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AFRICAN NEWS Food service, Retail, E-commerce LATEST NEWS Meat, Poultry & Fish Mergers & Acquisitions 

Cherubino Wines embarks on exciting expansion with acquisition of Margaret River winemakers

September 4, 2023September 4, 2023

AUSTRALIA – In a significant move that promises to reshape the Australian wine and spirits landscape, Cherubino Wines has officially…

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Beverages LATEST NEWS Mergers & Acquisitions WORLD NEWS 

Minerva expands its beef empire with US$1.53 billion acquisition from Marfrig

August 30, 2023August 30, 2023

BRAZIL – Beef industry giant, Minerva Foods has struck a deal to acquire cattle slaughtering and deboning plants from its…

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Investments & Funding News LATEST NEWS Meat, Poultry & Fish Mergers & Acquisitions WORLD NEWS 

Bega to acquire Betta Milk, Meander Valley dairy brands

August 28, 2023August 28, 2023

AUSTRALIA – Australian leading food and dairy processing company, Bega Group, has entered into a business sale agreement to acquire the…

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Dairy & Infant Foods LATEST NEWS Mergers & Acquisitions WORLD NEWS 

Heineken finally exits Russian market with sell of business to Arnest Group for US$1

August 25, 2023August 25, 2023

RUSSIA – The world’s second-largest brewer, Heineken, has sold its Russian business for just US$1, incurring a total loss of…

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Beverages LATEST NEWS Mergers & Acquisitions WORLD NEWS 

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MOST RECENT POSTS

  • Tea Board of Kenya announces new regulations aimed at curbing illegal tea trade
  • Depreciation of Naira threatens survival of Nigeria’s largest breweries
  • Futurelife launches Futurelife Mothers Food to provide optimal nutrition for expectant, lactating mothers
  • Kern Tec secures US$12.7M funding to produce sustainable ingredients from stone fruit pits
  • Danone to launch new infant formula in China with novel milk droplets inspired by Biomimicry

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