Kenya enacts new guidelines for mergers and acquisition to improve efficiencies

KENYA – Kenya has ushered in a new approval regime for mergers and acquisitions after the country enacted the Competition (General) rules 2019 which will ensure the process is faster despite feared to be costly. […]

Molson Coors Beverage to acquire US craft beer maker Atwater Brewery

USA – Tenth and Blake Beer Company, the US craft division of Molson Coor Beverage Company has secured a deal to acquire Detroit-based craft beer maker Atwater Brewery. Founded in 1997, Atwater Brewery is one […]

KKR-backed Upfield Group acquires Violife brand owner Arivia

NETHERLANDS – Upfield Group, a plant-based butter and spreads producer owned by private equity giant, KKR, has completed the acquisition of Violife brand owner, Arivia. Following the acquisition, which was first announced in October 2019, […]

BevCanna expands CBD-infused beverage production capabilities with more acquisitions

CANADA – BevCanna, a Vancouver based infused cannabis beverages producer has acquired cannabis genetics expert Carmanah Craft Corp., to expand its cannabis genetics program. The acquisition will give BevCanna access to an extensive library of […]

Fazer Group acquires Finish gluten-free bakery and milling businesses

FINLAND – Finland-based food processor, Fazer Group has acquired Vuohelan Herkku’s bakery and milling businesses as the company continues executing its growth strategy and investing in growing product categories. Vuohelan is one of the forerunners […]

Key Technology acquires Dutch processing equipment supplier Herbert Solutions

NETHERLANDS – Key Technology, a processing equipment manufacturer and member of the Duravant family of operating companies, has acquired Herbert Solutions enhancing its portfolio of potato and vegetable equipment solutions. Headquartered in Eindhoven, the Netherlands, […]

Bunge divests its Brazilian margarine and mayonnaise assets

BRAZIL – Bunge Limited has agreed to sell its margarine and mayonnaise assets in Brazil to Seara Alimentos S.A., in a move that seeks to streamline the company’s operation in the country. The transaction includes […]

Norway’s TCapital acquires SA meal kit delivery startup company Daily Dish

SOUTH AFRICA – TCapital, a Norwegian private equity group has announced it has acquired Daily Dish, a meal kit delivery startup based in Cape Town, South Africa to merge with TCapital’s healthy dinner delivery, Day […]

2 Sisters sells UK-based bakery foods business to Valeo Foods for US$83.48m

UK – 2 Sisters Food Group has entered into an agreement to sell its UK-based pudding business, trading as Matthew Walker to Valeo Foods Group for £67 million (US$83.48m). Headquartered in Derbyshire, Matthew Walker produces […]

Pilgrim’s Pride buys meat processor Tulip from Danish Crown for US$353.79m

UK – Pilgrim’s Pride, a meat processing company controlled by Brazil’s largest meat producer, JBS has secured a deal to acquire UK meat processor Tulip from Danish Crown in a transaction valued at £290 million […]