QATAR – Brazilian food processor BRF SA and Qatar’s sovereign wealth fund agreed to buy the operations of Turkish poultry producer Banvit in a joint venture, BRF said in a securities filing on Monday.
GERMANY – Packaging machinery supplier Multivac is acquiring a 49.9 % share in TVI based in Irschenberg, Gemany, a market leader in meat-portioning machines and complete portioning lines.
DENMARK – Danish Crown has acquired a major cattle slaughterhouse in Germany, stating that the move “ties in beautifully” with its new 4WD strategy while also enabling its beef division to account for a “large share” of its total business.
IVORY COAST – Dekeloil Public Limited has taken full ownership of the Ayenouan palm oil project in Côte d’Ivoire.
ETHIOPIA – The protracted privatization process of Awash Winery came to a conclusion after the Ministry of Public Enterprises (MPE) fully transferred shares to – Blue Nile Investment.
CHINA – China Mengniu Dairy has agreed to acquire China Modern Dairy (CMD) for HK$6.4bn ($826m) to consolidate its position in the high-end dairy products sector.
ITALY — France’s Lactalis, the world’s largest dairy firm, said on Tuesday it was launching a buyout offer for shares in Italian group Parmalat it does not already own, with the aim to delist the company from the Milan stock exchange.
ETHIOPIA – The government has transferred 33pc of its remaining shares in Ambo Mineral Water to Ambo International Holding Ltd for 19.7 million dollars.
SOUTH AFRICA – Soft drinks giant Coca-Cola announced on Wednesday it has agreed to buy SABMiller’s 54.5% stake in Coca-Cola Beverages Africa (CCBA) from AB InBev for $3.15bn.
KENYA – DOB Equity has taken up a stake in the dairy at a publicly undisclosed value as part of a commitment to increase social impact investment deals in Kenya.