Entrepreneurial Equity Partners completes acquisition of Kronos Foods

USA – Entrepreneurial Equity Partners, a Chicago-based private equity firm focused on making investments in the food and consumer packaged goods industries, has acquired Kronos Foods Corp. Headquartered in Illinois, USA, Kronos Foods is a […]

Rich Products makes three acquisitions to accelerate growth

USA – Rich Products, a New-York based food company, has announced the expansion of its product portfolio with three acquisitions in the seafood and baked goods industry. Rich Products has acquired Rizzuto Foods, a Pacific […]

Platinum Equity acquires European private label biscuits maker Biscuit International

EUROPE – Platinum Equity has acquired Biscuit International, a leading European manufacturer of private label sweet biscuits, for an undisclosed amount. Headquartered in Paris, France, Biscuit International was created in 2016 by the merger of […]

Del Monte Pacific to sell stake in Philippine subsidiary for $130m

PHILIPPINES – Del Monte Pacific Limited (DMPL) has entered into an agreement with Singapore-incorporated SEA Diner Holdings to sell 13% stake in its Philippine unit for US$130 million. Under the agreement, SEA Diner will acquire […]

Nestlé acquires Zenpep to expand its medical nutrition business

SWITZERLAND – Nestlé has entered into an asset purchase agreement with Allergan to acquire the gastrointestinal medication, Zenpep as the company moves to expand its medical nutrition business and complement its portfolio of therapeutic products. […]

Neogen Corporation acquires Italian food safety company Diessechem

USA – Neogen Corporation has acquired Diessechem S.R.L., an Italy-based distributor of food and feed safety diagnostics, for an undisclosed amount. Diessechem is a supplier of food safety diagnostics to public authorities for food safety, […]

Thai Union increases stake in Thammachart Seafood to expand retail business

THAILAND – Bangkok-based seafoods products producer, Thai Union Group has increased its stake in Thammachart Seafood Retail to 65 percent seeking to expand its footprint in Thailand’s domestic seafood retail business. Thai Union has acquired […]

Constellation Brands revises wine and spirits divestment deal to US$1.1bn

USA – Constellation Brands together with E. & J. Gallo Winery have agreed to revise their original deal in which the Corona beer maker is seeking to sell about 30 wines and spirits brands to approximately US$1.1 billion. […]

Givaudan acquires US flavour and specialty ingredient company Ungerer

USA – Swiss flavor and fragrance company, Givaudan has reached an agreement to acquire Ungerer & Company, the US-based flavour, fragrance and specialty ingredient company. Headquartered in New Jersey, USA, Ungerer is a leading independent […]

South Africa’s Zeder Investments acquires stake in East African Seeds Company

SOUTH AFRICA – Zeder Investments, a South African agribusiness group, has secured an agreement to acquire 40 percent shareholding in East African Seeds (EAS) Company. The investment in EAS, a seed company with operations in […]