Barry Callebaut, a manufacturer of cocoa and chocolate products, and PT Comextra Majora, a diversified soft commodities trader and an exporter of cocoa from Indonesia, have entered into a joint
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UK and Irish beverages producer C&C Group has acquired Hornsby’s, the number two domestic US cider brand, from E & J Gallo Winery, for a cash consideration of up to
The Irish Dairy Board has strengthened its presence in the US with the acquisition of Thiel Cheese & Ingredients for an undisclosed sum. Thiel is a well established and leading
Cargill’s cocoa and chocolate business has agreed a memorandum of understanding that underlines its continued support for Ivorian cocoa farmers and the development of the country’s cocoa sector. Cargill will
The EU’s competition authorities have given the go-ahead for Arla Foods’ acquisition of Allgauland-Kasereien in Southern Germany. Allgauland-Kasereien will now become a member of the Arla Group after Allgauland’s milk
Grupo Bimbo has just completed the acquisition of Sara Lee’s fresh bakery business in North America. The deal, which has an enterprise value of $959 million, was originally announced in
PepsiCo has agreed to form a strategic alliance with Tingyi Holding, one of the major food and beverage companies in China. Tingyi’s beverage subsidiary, Tingyi-Asahi Beverages Holding (TAB), will become
Greek dairy producer Olympus has opened its first greenfield factory in Romania at a cost of Eur55 million, representing the company’s largest investment outside Greece. Located at Halchiu in Brascov
US private equity firm Clayton Dubilier & Rice is reported to have made an approach to buy Greencore, one of the leading convenience food processors in the UK. CD&R specialises
While the ready-to-drink or iced coffee market is relatively mature and showing only modest growth in much of Asia, levels of interest elsewhere in the world appear to be growing,
Reflecting its strategy of expanding in emerging markets, PepsiCo is reported to have acquired Mabel, one of Brazil’s leading biscuit manufacturers, in a deal worth between 800 million and 900
Leading global spirits group Beam recently celebrated the filling of its 12 millionth barrel of bourbon since the repeal of Prohibition in the US in 1933. The commemorative white oak
Sainsbury’s has become the UK’s largest anaerobic digestion (AD) retailer after signing a ground breaking deal with Biffa, the waste management specialist. The three year deal means all food waste
British and Irish meat processor Dunbia has expanded its operations through the purchase of English pork business Heathfield Foods. The deal increases the total number of processing facilities in the Dunbia Group
US-based snack foods group Diamond Foods is delaying its acquisition of Pringles from Procter & Gamble. The $2.35 billion deal was agreed in April 2011 and was expected to close
The newly created DMK, Germany’s largest dairy co-operative, has unveiled plans for major restructuring in order to improve cost efficiency. DMK was formed in May 2011 following the merger of
Sara Lee is reported to be in negotiations to sell Eurodough, its French baked goods unit, as part of the US-based group’s strategy to divest its international bakery businesses. With
The Scottish Government has published its Alcohol (Minimum Pricing) Bill, which looks to set a minimum price for a unit of alcohol. It also sets the formula for calculating the
At the upcoming FIE, Danish manufacturer of emulsifier and stabilizer based systems, Palsgaard, will present new innovations within all of its application areas – bakery, confectionery, dairy, ice cream, margarine
Fortivia is a natural ingredients supplier specialized in rice by-products valorization. Its expertise in rice industry has been expended through different R&D projects which have led to the development of
Unilever has agreed to sell its Culver Specialty Brands division, in the US and Canada for $325 million (Eur230 million) in cash to B&G Foods. The business being sold includes
UK food group Premier Foods has announced changes to its leadership team to strengthen focus on the company’s renewed growth plan, under new chief executive Michael Clarke. In the new
Kraft Foods plans to invest $100 million to more than double the capacity of its coffee production plant at Gorelovo
Having recently opened a confectionery plant in India, Ferrero is now planning to build a new factory in Turkey. Earmarked
The Coca-Cola Company is further tightening control over its North American bottling operations with the acquisition of Great Plains Coca-Cola
More than 100 logistics professionals attended the VIP launch of Import Services’ new port-centric warehouse, a superb facility, adjacent to
Russia has been in the news lately with PepsiCo announcing plans to build a $140m factory, its tenth plant in
Belgium-based Vandemoortele Group, which specialises in the production of frozen bakery products and margarines and fats, is acquiring the margarine
Austria’s largest and fourth biggest dairy groups, Berglandmilch and Tirol Milch respectively, are planning to merge. The deal is subject
Emmi has consolidated its position within the Swiss cheese market following approval of its proposed acquisition of Fromalp by the
Switzerland-based speciality bakery group Aryzta has made two strategic acquisitions to significantly strengthen its position in Europe, North America and
Dairy Crest has reduced its stake in its Irish dairy joint venture, Wexford Creamery, from 80% to 30%. Wexford Milk
Danone is acquiring Medical Nutrition USA for $ 62m in cash. MNI introduced the concept of liquid protein supplements for
Finnish dairy group Valio has officially opened a new Eur40m butter facility at its plant at Seinajoki. According to Valio,
Carlsberg is increasing its shareholding in Chongqing Brewery Co from 17.5% to 29.7%. The purchase price for the 12.25% stake
Darwin Private Equity has completed the acquisition of UK organic baby food business Plum Baby for £10m. Launched in 2006
R&R Ice Cream, with operations in the UK and Germany, is expanding its international business with the proposed acquisition of
French dairy group Sodiaal has reached a preliminary agreement to acquire Entremont Alliance, its loss making rival. The deal would
Finnish food group Raisio has introduced Dobrogea Benecol, a cholesterol lowering bread, in the Romanian market. Launched by Raisio’s Romanian
Global food giant Danone is to merge its fresh dairy products business in the CIS area with Unimilk, Russia’s second
Helped by a strong performance from its cognac division, French drinks group Remy Cointreau has reported a 7.2% organic growth
In line with its ambitions to expand internationally, UK-based Britvic has acquired Fruite, an independent French soft drinks producer with
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