Givaudan acquires US based flavour and ingredients company Ungerer

SWITZERLAND – The global fragrances and flavours company, Givaudan has completed the acquisition of Ungerer & Company, a US based flavour, fragrance and specialty ingredients firm. Headquartered in New Jersey, USA, Ungerer is a leading […]

Fanisi Capital merges with Ascent Capital to raise funds for expansion in East Africa

EAST AFRICA – Fanisi Capital, a fund which makes direct investments and Ascent Capital, a growth capital provider, are set to merge and raise funds for bigger deals in the region. The two say consolidating […]

IMCD acquires Israeli based Zifroni Chemical Suppliers Limited

NETHERLANDS – Dutch supplier of speciality chemicals and food ingredients, IMCD, has successfully completed the acquisition of the Israeli distributor Zifroni Chemical Suppliers Limited. Zifroni, based in Rishon Le-Zion, Israel was founded in 1950 and […]

Bosch Packaging Technology rebrands as Syntegon Technology

GERMANY – Bosch Packaging Technologies, the former packaging machinery business of Bosch, has rebranded as Syntegon Technology, following its recent acquisition by Luxembourg- based CVC Capital Partners. Bosch agreed to sell the business to CVC […]

Plukon acquires majority stake in Staay Food’s vegetables and convenience business

NETHERLANDS – Plukon Food Group has agreed to acquire 51% stake in Fresh Care Convenience, a producer and processor fruit and vegetables owned by its Dutch peer, Staay Food Group. Based in Dronten, the Netherlands, […]

Cott Corporation to rebrand following acquisition of US$775m-valued Primo Water

CANADA – Cott Corporation has entered into a definitive agreement to acquire Primo Water Corporation in a deal that will see Cott rebrand its corporate name to Primo Water Corporation. According to Cott, the transaction, which […]

Dangote Sugar Refinery, Savannah Sugar Company plan to merge operations

NIGERIA – Dangote Group Plc has announced its plans of merging with its two subsidiaries, Dangote Sugar Refinery (DSR) Plc and Savannah Sugar Company Limited (SSCL) into a single entity through a scheme of external […]

IMCD acquires Matrix Ingredients operations in Singapore and Malaysia

NETHERLANDS – IMCD, a leading distributor of speciality chemicals and food ingredients, has acquired the food distribution business of Matrix Ingredients in Singapore and Malaysia, for an undisclosed sum. Following the transaction, Maxim Ingredients International Pte. Ltd. and […]

Private equity firm Actis acquires stake in Denny Mushrooms owner Libstar

SOUTH AFRICA – Private equity firm Actis has acquired 37.02% stake in South Africa’s owner of the Denny Mushrooms brand Libstar Holdings held by Abraaj Private Equity Fund IV (APEF IV). Last month APEF IV, […]

Kerry Group half year revenues grow 10.7% to US$4bn buoyed by acquisitions

IRELAND – Kerry Group, and Irish dairy cooperative, issued its financial results for the half year ended 30 June 2019 during which the groups revenue increased by 10.7% to US$4 billion (€3.6bn). The increase in […]