Constellation Brands sells Ballast Point to Kings & Convicts Brewing

USA – Constellation Brands, America’s third-largest beer company, has agreed to sell Ballast Point brand and a number of its associated production facilities and brewpubs to Chicago-based Kings & Convicts Brewing Co. Constellation Brands acquired […]

PepsiCo to acquire US better-for-you snacks maker BFY Brands

USA – PepsiCo has entered into an agreement to acquire PopCorners and Rice Rounds snacks maker BFY Brands as the company seeks to expand its snacking portfolio. BFY produces the better-for-you snacks at it manufacturing […]

China’s food processing giant COFCO offers to acquire Agri-Industries Holdings for US$1.1bn

CHINA – State-owned food processing holding company, COFCO has unveiled plans of privatizing its Hong Kong listed unit, China Agri-Industries Holdings as it looks to pursue a flexible development strategy. COFCO has tabled a HK$8.9 […]

German confectioner Katjes International acquires majority stake in Candy Kittens

UK – Katjes International, a German confectionery group has increased its investment in UK sweets brand Candy Kittens in a deal that will see Katjes become the major shareholder in the company. Founded in 2012, […]

Platinum Equity in talks to acquire Europe’s Biscuit International

FRANCE – Platinum Equity, a Los Angeles based investment firm, unveiled that it has entered into exclusive negotiations to acquire Biscuit International, a leading European manufacturer of private label biscuits from Qualium Investissement. Biscuit International […]

Cott Corporation acquires Dutch beverage company Viteau International

CANADA – Cott Corporation through its wholly-owned subsidiary, Eden Springs has acquired a leading supplier of bottled water and point-of-use filtration services in the Netherlands, Viteau International. The acquisition of Viteau strengthens Eden Springs’ density in […]

IMCD acquires Colombian specialty distributor Unired Químicas to expand footprint

NETHERLANDS – IMCD, a leading distributor of specialty chemicals and food ingredients, has acquired Colombia-based ingredient distributor, Unired Químicas, to support the company’s expansion in Latin America. Unired distributes specialty chemicals and ingredients to the […]

PE firm Ping An Capital acquires stake in Mengniu Dairy’s unit for US$568m

CHINA – Ping An Capital, the private equity unit of Chinese insurer Ping An Insurance, announced that it has teamed up with two companies to acquire a majority stake in dairy products maker Junlebao for […]

DSM to acquire specialty dairy solutions provider CSK Food Enrichment for €150m

NETHERLANDS – Global bio-sciences company, Royal DSM has reached an agreement to acquire specialty dairy solutions provider Koninklijke CSK Food Enrichment in a cash consideration of about €150 million (approximately US$166 million). DSM said that […]

Dutch bottler Refresco accelerates buy and build strategy to expand global footprint

NETHERLANDS – Refresco, Netherlands-based beverage bottler has embarked on an aggressive expansion plan seeking to make multiple acquisition in various markets as part of the company’s buy and build strategy aimed at propelling growth and […]