Unilever to expand consumer health portfolio with acquisition of US supplements company SmartyPants Vitamins
US – Consumer goods giant Unilever has signed an agreement to acquire US company SmartyPants…
Mergers, Acquisitions & Divestments
Japanese beverage company Kirin to sell Australia dairy unit to Bega Cheese
AUSTRALIA – Japanese beverage company Kirin Holdings has confirmed a potential sale of its Australian…
Swiss packaging giant SIG Combibloc to take full ownership of Middle East & Africa joint venture
GERMANY – SIG Combibloc a Swiss manufacturer of packaging materials and equipment for the food…
Kenyan food grade liquefied C02 supplier Carbacid seeks to acquire BOC Kenya
KENYA – East Africa’s leading supplier of food grade liquefied carbon dioxide, Carbacid Investments Limited…
Italian household appliance company De’ Longhi to acquire maker of NutriBullet and Magic Bullet for US$420m
ITALY – Italian household appliance company De’ Longhi has agreed to buy California-based domestic appliances…
Maker of Canadian alkaline water brand Trace to be acquired by BevCanna Enterprises
CANADA –Naturo Group Investments, the company behind popular alkaline water brand Trace, is on the…
Leading Moroccan agricultural companies merge to create one stop shop for farmers
MOROCCO – Development Partners International (DPI)’s backed Compagnie Marocaine de Goutte à Goutte et de…
Food Wise to reclaim Yinlu peanut milk and canned rice porridge business from Nestlé
CHINA – Food Wise is set to acquire the peanut milk and canned rice porridge…
Danish fund manager APMC acquires 49% stake in Moroccan grain terminal operator
MOROCCO – Holmarcom Group, a leading diversified industrial group in Morocco has offloaded 49% of…
FreshEdge expands portfolio with acquisition of food products distributor McCartney
US – FreshEdge, a family of produce and specialty food companies, has acquired Tennessee based…
Bacardi acquires UK’s leading premium cocktail solution company Tails
UK – Leading American spirits company Bacardi has taken full ownership of premium crafted and…
Flavour and Fragrance company Iberchem Group to be sold for US$975m
SPAIN – Flavours and Fragrances company Iberchem Group is on the verge of being sold…
Mars Incorporated to expand portfolio with acquisition of popular snack maker Kind North America
US – American multinational food company Mars Incorporated is set to expand its portfolio of…
Bioceres Crop Solutions achieves full ownership of soybean biotech firm Verdeca
ARGENTINA – Integrated provider of crop productivity solutions Bioceres has achieved full ownership of soybean…
Singapore’s instant cereal maker Viz Branz acquired by alternative asset manager Investcorp
SINGAPORE – Ownership of Singapore’s instant cereal maker Viz Branz is about change following a…
Cargill exits Venezuela after 34 years of uninterrupted activity
VENEZUELA – After 34 years of uninterrupted activity, US agricultural commodities trading company, Cargill is…
Louis Dreyfus breaks 169- year history by selling large stake to Abu Dhabi-based ADQ
NETHERLANDS — Louis Dreyfus Company (LDC), one of the world’s largest grain traders and processors…
Walmart to sell majority stake in Japanese supermarket Seiyu to KKR and Rakuten
JAPAN – American multinational retail corporation has announced plans to sell a majority stake in…
Premium Brands, Mi’kmaq acquire Canadian sea food company Clearwater for US$767m
CANADA – Clearwater Seafoods, a Canadian seafood company, has been jointly acquired by Premium Brands…
Agricultural commodities trader Bunge to sell California rice mill to Farmers’ Rice Cooperative
US – Chesterfield-based agricultural commodities trader Bunge Ltd has announced plans to sell its rice…
Kenya’s shopping malls feel the heat as retailers exit market
KENYA – Shopping malls in Kenya are feeling the pinch from the folding of a…
Tata Group eyes majority stake in India’s largest online grocer BigBasket
INDIA – India multinational conglomerate Tata Group is in advanced talks with Alibaba- backed online…
PAI Partners acquires majority stake in Spanish seafood company Angulas Aguinaga
SPAIN – PAI Partners has acquired a majority stake in Spain-based seafood company Angulas Aguinaga,…
TreeHouse Foods expands pasta portfolio with acquisition of leading brands from Riviana Foods
USA – TreeHouse Foods, a leading manufacturer and distributor of private label packaged foods and…