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Tag: Acquisition

Puratos venture fund acquires minority stake in Fooditive Group

March 14, 2023March 14, 2023

Netherlands – Sparkalis, the Belgium-based corporate venture arm of Puratos, has acquired a minority stake in the Netherlands’ Fooditive Group.…

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Investments & Funding News LATEST NEWS Mergers & Acquisitions Sugar & Confectionery WORLD NEWS 

Diageo’s offer to buy additional stake in East African Breweries Plc oversubscribed in first phase

March 11, 2023March 12, 2023

KENYA – British multinational alcoholic beverage company, Diageo, through its local unit Diageo Kenya, has had an oversubscription in the…

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AFRICAN NEWS Beverages LATEST NEWS Mergers & Acquisitions 

Spanish fruit company Daifressh expands production field in Morocco with acquisition of two farms

February 22, 2023February 22, 2023

MOROCCO – Spanish specialist in agricultural production, Daifressh, has expanded its activities in the Agadir region of Morocco after the…

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AFRICAN NEWS Agriculture & Agribusiness Fruits & Vegetables LATEST NEWS Mergers & Acquisitions 

Atlantis Foods acquires Snoek Wholesalers to strengthen presence in South African fish and seafoods market

February 7, 2023February 8, 2023

SOUTH AFRICA –Atlantis Foods, a South Africa-based seafood distribution company has acquired Snoek Wholesalers a major player in the distribution…

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AFRICAN NEWS LATEST NEWS Meat, Poultry & Fish 

Bega Cheese sells stake in joint Venture with Vitasoy for US$36M

February 1, 2023February 1, 2023

AUSTRALIA – Bega Cheese, an Australian-owned and operated cheese company located in the Bega Valley of new south wales, has…

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Dairy & Infant Foods LATEST NEWS Mergers & Acquisitions WORLD NEWS 

Castel acquires Algeria’s Alver glass factory to bolster sustainability drive of reducing plastic usage

January 25, 2023January 25, 2023

ALGERIA – French beverage company, Castel, has strengthened its diversification strategy by developing green and local production with the acquisition…

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AFRICAN NEWS Beverages LATEST NEWS Sustainability 

Beneo acquires stake in Grillido to bolster its capabilities in protein alternative sector

January 23, 2023January 23, 2023

GERMANY – Beneo, a leading European food-producing company that is involved in offering plant-based functional ingredients of food, feed and…

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Mergers & Acquisitions Plant-based Foods WORLD NEWS 

Azelis adds smoke ingredients to its portfolio with Smoky Light acquisition

January 17, 2023January 18, 2023

NETHERLANDS – Food ingredient solutions supplier Azelis has acquired Smoky Light, an established smoke ingredients distributor in the Benelux region…

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Meat, Poultry & Fish Mergers & Acquisitions Supplier News & Innovations WORLD NEWS 

Vall Companys attains full ownership of Spanish pork producer Embutidos Rodríguez

January 17, 2023January 17, 2023

SPAIN – Grupo Vall Companys, has acquired full ownership of Embutidos Rodríguez, a company that specialises in pork products also…

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Meat, Poultry & Fish Mergers & Acquisitions WORLD NEWS 

Lactalis acquires Dairy Partners America to strengthen leadership position in Brazil

December 15, 2022December 15, 2022

BRAZIL – Lactalis, one of the world’s largest multinational manufacturers of dairy products, is strengthening its presence in Brazil through…

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Dairy & Infant Foods Mergers & Acquisitions WORLD NEWS 

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  • Nestlé to close Pizza factory in France linked to deadly E. coli outbreak
  • AB InBev debuts world’s first beer created using Artificial intelligence
  • Nestle advances talks for US$1 billion acquisition deal of Mumbai-based Capital Foods
  • Jack Daniel’s, Coca-Cola release pre-mixed cocktail collaboration brand in Britain and Europe
  • Monster Energy accuses Red Bull of anti-competitive targeting

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