Neogen acquires Chilean food and animal safety company Magiar Chilena

USA – Neogen Corporation has acquired the assets of Chile-based distributor of food, animal, and plant diagnostics products, Magiar Chilena. The American food safety test kits supplier said that it will incorporate the Magiar assets […]

Klabin acquires International Paper’s corrugated packaging business for US$64m

USA – Klabin S.A. has entered into an agreement to acquire International Paper’s Brazilian corrugated packaging business for R$330 million (US$64m), subject to certain closing conditions and regulatory approvals. International Paper’s Brazilian business includes three […]

Costco Wholesale Corp acquires Innovel Solutions from Transformco for US$1bn

USA – American multinational retailer, Costco Wholesale Corporation has acquired Innovel Solutions, a middle mile and final mile delivery and installation business owned by Transformco Holdco, for US$1 billion. Innovel was a subsidiary of Transform […]

Neogen acquires food safety assets of Australia-based Cell BioSciences

USA – Neogen Corporation, an America food safety test kits supplier has acquired the food safety assets of Australia-based Cell BioSciences, a major supplier of food safety and industrial microbiology products. With this asset acquisition, […]

The dairy industry in Kenya: production capabilities, investments, innovations and trends

KENYA – The dairy industry in Kenya remains one of the most critical sectors of the economy. With rising innovations, investments and sophistication of the sector, the last few years has seen the emergence of […]

Kenyan government to merge Strategic Grain Reserve with National Cereals Board

KENYA – The Government of Kenya plans to merge the National Cereals and Produce Board-NCPB with the Strategic Food Reserve in a restructuring programme aimed at improving efficiency. The merging will entail the Strategic Grain […]

AAK acquires majority stake in Russian food company Margaron

RUSSIA – Swedish manufacturer of value-adding specialty vegetable fats and oils, AAK has acquired 75% of NPO Margaron, a producer of margarines, spreads, and bakery and confectionery fats, based in St. Petersburg, Russia. Margaron has […]

Danone to acquire majority stake in UK bottled water firm Harrogate Water

UK – Danone, through a UK subsidiary, has agreed to acquire a majority stake in Harrogate Water, a family-owned business with interests in foodservice and on-the-go consumption, for an undisclosed sum. Harrogate Water is one […]

Competition Commission gives nod to PepsiCo’s takeover of Pioneer Foods

SOUTH AFRICA – The Competition Commission of South Africa has recommended the Competition Tribunal give the green light to the US$1.7 billion (R25.52bn) transaction that will see Simba, a PepsiCo subsidiary take over Pioneer Foods whose […]

Farmcrowdy Nigeria acquires Best Foods to explore meat market

NIGERIA – Farmcrowdy, Nigeria’s digital agriculture platform is officially exploring the business of selling meat after it acquired a majority stake in Best Foods, an agro company. The Nigerian agrotech firm has been crowdfunding farmers, […]