Aegis Brands completes acquisition of Bridgehead Coffee in Canada

CANADA – Aegis Brands, which owns Canadian specialty coffee retailer Second Cup Coffee, has completed its previously announced acquisition of Ottawa-based Bridgehead Coffee. Bridgehead has nineteen company-owned coffeehouses in Ottawa, including its flagship Roastery, all […]

Just Eat approves US$7.7bn takeover bid from Takeaway.com

NETHERLANDS – The shareholders of Just Eat, a British online food ordering company has approved the £5.9 billion (US$7.71 billion) buyout offer from Dutch peer Takeaway.com in a deal that will create one of the […]

Glencore Agriculture increases stake in Argentinian food processor Renova

ARGENTINA – Glencore Agriculture has acquired an additional 16.67% in its Argentinian supply chain and processing joint venture, Renova to become the majority owner with 66.67% shareholding in the company. Glencore Agriculture purchased the stake […]

Pestell Nutrition acquires animal feed ingredients distributor Origination O2D

USA – Wind Point Partners-backed Pestell Nutrition has acquired Origination O2D, a Minnesota-headquarted value‐added distributor of animal feed ingredients. Pestell Nutrition said that the acquisition of O2D is a highly strategic move to the company […]

Cott evaluates potential sale of its coffee, tea and extract solutions segment

CANADA – Cott Corporation has announced that it is evaluating certain strategic alternatives for S&D Coffee and Tea, including a sale of the segment. Cott said that the move is part of the company’s strategic planning […]

Pizza Hut owner Yum! Brands to acquire The Habit Burger Grill for US$375m

USA – Yum! Brands has entered into a definitive agreement with The Habitat Restaurants to acquire fast-casual restaurant chain, The Habit Burger Grill for approximately US$375 million in a cash transaction. The acquisition of The […]

Nestlé sells 60% stake in packaged meat business Herta, creates joint venture

SPAIN – Nestlé has agreed to sell a 60% stake of its packaged meat business, Herta to Casa Tarradellas and create a joint venture with the Spanish food company. Nestle will subsequently hold a 40% […]

Carrefour expands into lunch delivery business with acquisition of food delivery startup Dejbox

FRANCE – French multinational retail chain, Carrefour has acquired Dejbox, a pioneer in lunch delivery for business employees located in suburban and outlying areas seeking to expand the retailers e-commerce operations. With the acquisition, Carrefour […]

Bühler sells Chinese flour ingredient business to Swiss company Bakels

SWITZERLAND – Bühler Group has sold its China-based flour ingredient business, Buhler Bangsheng Food Ingredients (Guangzhou) Co. Ltd. to Bakels Group. Bakels, a Swiss group which manufactures and distributes innovative bakery ingredients and application solutions […]

Robert Spurway to take over as GrainCorp’s CEO post demerger of Malt business

AUSTARLIA – Grain and commodities storage company, GrainCorp has appointed Robert Spurway to take up the role of Managing Director and CEO after completion of the planned demerger of the Company’s Malt business in early […]