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Monday, May 29, 2023
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Tag: Acquisitions & Divestments

Dave’s Gourmet snaps up specialty condiments maker Le Bon Magot

May 25, 2023May 25, 2023

USA – Dave’s Gourmet LLC (“Dave’s Gourmet”), a company focused on innovation in the food industry with thirty years as…

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LATEST NEWS Mergers & Acquisitions Sugar & Confectionery WORLD NEWS 

Carlsberg Marston’s Brewing Company divests London Fields Brewery to Grace Land Group

May 20, 2023May 20, 2023

UK – Carlsberg Marston’s Brewing Company (CMBC), a joint venture brewing company between Carlsberg UK and Marston’s PLC, has confirmed…

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Beverages LATEST NEWS Mergers & Acquisitions WORLD NEWS 

Nactarome acquires Spanish producer of flavors solutions Calaf Nuances

May 12, 2023May 12, 2023

ITALY – Nactarome, a Europe-based group of ingredient companies, has marked its fourth acquisition this year, by snapping up a…

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Beverages LATEST NEWS Mergers & Acquisitions Supplier News & Innovations WORLD NEWS 

James Finlay sells 85% of business in Kenya to Sri Lankan company Browns Investments

May 5, 2023May 6, 2023

KENYA – Browns Investments PLC (BIL), a Sri Lanka-based investment vehicle of the Browns Group, which invests in fast-growing key…

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AFRICAN NEWS Beverages LATEST NEWS Tea, Coffee & Cocoa 

Kirin Holding to strengthen its presence in health science domain with acquisition of Australian Blackmores Limited

April 28, 2023April 29, 2023

AUSTRALIA – Japanese integrated beverages company, Kirin Holding, has decided to acquire 100% of the outstanding shares of an Australian-based…

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Beverages LATEST NEWS Mergers & Acquisitions Nutrition, Health & Wellness WORLD NEWS 

Heineken completes its biggest acquisition in Africa, unveils Southern Africa’s subsidiary name

April 28, 2023April 29, 2023

SOUTH AFRICA – Heineken has unveiled the name of its majority-owned Southern Africa unit, which combines Distell Group Holdings Limited…

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AFRICAN NEWS Beverages Investments & Funding News LATEST NEWS Mergers & Acquisitions 

Castel Group divests water bottling business in Ivory Coast to SDTM/Carré d’Or Group

April 22, 2023April 22, 2023

IVORY COAST – French beverage company, Castel Group, has divested its water bottling business in Ivory Coast to one of…

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AFRICAN NEWS Beverages LATEST NEWS Mergers & Acquisitions 

Coca-Cola to acquire minority stake in Indian online food ordering platform Thrive

April 17, 2023April 17, 2023

INDIA – Beverage giant, Coca-Cola is set to make its first investment in a startup in India after-market speculations have…

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Beverages Food service, Retail, E-commerce LATEST NEWS Mergers & Acquisitions WORLD NEWS 

Nestle advances talks for US$1 billion acquisition deal of Mumbai-based Capital Foods

March 31, 2023March 31, 2023

INDIA – Nestle, the world’s largest fast-moving consumer goods (FMCG) player by revenue, has advanced its talks with Mumbai-based Capital…

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LATEST NEWS Mergers & Acquisitions WORLD NEWS 

Baldwin Richardson Foods acquires Aseptic Solutions USA Ventures to expand into aseptic beverage market

March 28, 2023March 28, 2023

USA – US custom ingredients supplier Baldwin Richardson Foods has expanded beyond the horizons of manufacturing ingredients only into aseptic…

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Beverages LATEST NEWS Mergers & Acquisitions WORLD NEWS 

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MOST RECENT POSTS

  • Arla Foods inaugurates state-of-the-art Dairy Farm in Kaduna to boost sustainable milk production in Nigeria
  • Fonterra reduces farmgate milk prices due to decline in demand
  • Astral Foods projects half-year profit crash
  • PepsiCo replaces natural gas with green energy in crisp production at Netherlands site
  • New Zealand honey producers lose fight with Australia over trademarking Manuka honey

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