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GERMANY - Dr. Oetker, a German multinational company, has agreed to acquire a 60% majority stake in Belvini.de GmbH, one of the largest online wine traders operating in the German-speaking region. According to Dr. Oetker, it claims that Belvini’s portfolio of over 13,500 products from 800 importers and wineries from over 30 countries is the…
USA - Roquette, a global leader in plant-based ingredients for Food, Nutrition and Health markets and a pioneer in new vegetal proteins, and Equinom Ltd., an innovative Israel based breeding technology company, have signed a partnership agreement for the development and sourcing of new pea varieties with high-protein content. According to the company, this is…
CANADA – HelloFresh, an international publicly traded meal-kit company, has bought Canadian meal kit brand Chefs Plate as it seeks to serve the widest product variety in the industry to Canadian consumers. According to the Germany-headquartered HelloFresh, it has combined with its local branch, the newly formed entity under the HelloFresh umbrella will target revenues…
USA - Hearthside Food Solutions, a leading contract manufacturer, has announced the signing of a definitive agreement to acquire Greencore USA, a leader in frozen contract packaging and a top producer of refrigerated, fresh-made sandwiches, entrees, and salad kits. According to the company, the transaction marks a significant step in the further growth and development…
EUROPE – Duni, a leading supplier of innovative table-setting concepts and packaging solutions, has acquired 75% of BioPak Pty Ltd from entrepreneurs Gary Smith and Richard Fine. BioPak is a leading supplier of sustainable disposable packaging for the food service industry in Australia and New Zealand with an approximate annual turnover of US$43.31 million. According…
AUSTRIA – Chr. Hansen, a global bioscience company, has acquired the assets of Austrian-based ingredient supplier Österreichische Laberzeugung Hundsbichler GmbH. According to Chr. Hansen, the acquisition will make it further expand its enzyme production and presence into the traditional segments of specialty cheeses. Hundsbichler products are widely recognized for high quality, and this acquisition will…
AFRICA - The world’s largest brewer, AB InBev has entered into an agreement with a leading global professional services company, Accenture to boost its sales and distribution operations on the continent, reports MarketWatch. The three-year contract will see the implementation of the Accenture NewsPage Distributor Management System (DMS), a distributor management and sales force automation…
USA – Cal-Maine Foods, a fresh egg producer, has announced that it has reached a definitive agreement to acquire substantially all of the assets of Featherland Egg Farms, Inc., relating to its commercial shell egg production, processing, distribution and sale business. According to the company, the assets to be acquired, subject to the completion of…
USA - Dixie Vodka, an all-American craft vodka, has announced its most recent flavor innovation in a regional collaboration with Savannah Bee Company: Dixie Wildflower Honey Vodka. According to the company, its newest product uses SBC's Georgia Wildflower Honey infused in Dixie's award-winning Dixie Southern Vodka, 6x distilled from non-GMO corn. The result is a…
KENYA- The British private equity fund Actis is set to acquire Abraaj Holdings’ Kenyan assets including Java House operations and a 10% stake in the country’s leading dairy firm, Brookside Dairy Africa, Business Daily reports. This is after Reuters reported that Actis has placed a bid to acquire Middle East and North Africa private equity…
