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Trends > Consolidation

Napier Brown confirms takeover talks

UK sugar and dairy powder firm Napier Brown Foods confirmed rumours this week that it is in discussions that could lead to a possible takeover, writes Lindsey Partos.

Arla voices concern over Campina merger

Committee members of Danish-Swedish dairy co-operative Arla Foods have voiced concerns over a financial technicality which could throw its approaching merger with Campina into disarray, Tom Armitage reports.

San Miguel seals dairy deal amid acquisition flurry

Asian drinks conglomerate San Miguel has acquired a majority stake in King's Creameries, a Singapore-registered ice cream producer - but with new debt already financing its current expansion strategy and...

Lactalis continues recent acquisition flurry

France's biggest dairy producer Lactalis is set to acquire fellow French dairy producer Pochat, another acquisition aimed at strengthening its branded, consumer dairy product line-up, Tom Armitage reports.

RFI acquisition lifts Danisco 1H

The bolt-on acquisition of Rhodia Food Ingredients earlier this year helps boost sales for Danish ingredients and sugar group Danisco in an otherwise challenging 2004/05 first half.

Glanbia acquisition for nutritional business

Dairy ingredients firm Glanbia has bought the German nutrient delivery systems company Kortus for €14.5 ($19.15) million, it said yesterday, strengthening its product range and solution capability.

Nordmilch, Humana Milchunion call off German merger

Germany's two largest dairies have terminated an agreement to merge. Nordmilch, Germany's leading dairy co-operative, and Humana Milchunion were set to merge in January 2005, but since have cited "timing"...

French IFF purchase cleared for Frutarom

Bolt-on acquisitions move ambitious Israeli flavours firm Frutarom a step closer to its ambitions to reach the top ten flavour club with the firm closing down on the purchase of...

Merger in the pipeline for German dairy giants

The boards of Germany's two largest dairy companies, Bremer Nordmilch and Humana Milchunione, have announced plans they are to merge. The proposal is due to come into effect as of...

Lactalis buys its way into ex-Soviet dairy markets

French dairy giant Lactalis has grabbed immediate supremacy in two former Soviet countries and paved the way for an expansion of its own brand products after signing a deal to...

Lactalis cleared for Spanish takeover

Lactalis, the French dairy group, has been given the green light to acquire two Spanish producers, Grupo Prado Cervera and Central Lechera Vallisoletana, by the European Commission's competition authorities.

Expanding Israeli firm buys IFF's natural fruit flavours

Ambitious Israeli flavours firm Frutarom has bought the European natural fruit preparations business from the world's number two flavours player just months after completing on the Swiss botanical extracts firm...

DFB acquisition sees further UK dairy consolidation

Dairy Farmers of Britain's £75 million acquisition of Associated Co-operative Creameries means further consolidation within the UK's tough dairy sector, writes Anthony Fletcher.

Huber buys number one xanthan gum and pectin slot

Family-owned US firm JM Huber has become the number one pectin, xanthan gum and CMC supplier after yesterday agreeing to buy leading hydrocolloid firm CP Kelco from merchant bank Lehman...

Danisco closes Rhodia acquisition

The acquisition of Rhodia Food Ingredients by Danisco has finally been completed today, bringing the Danish ingredients group one step closer towards its goal of becoming a leading supplier of...

Numico buys Valio's baby food business

Leading formula maker Royal Numico is to buy the baby food business of Finland's Valio for €57 million in cash, the companies revealed yesterday.

Kerry consolidates flavour position with new acquisitions

Acquisitive ingredients firm Kerry will spend €170 million on four bolt-on flavour acquisitions announced yesterday as the €3.7 billion Irish company continues to consolidate its position in the highly competitive...

WBD buys up Uzbekistan dairy

Despite recently announcing end-of-year results which were impacted by last year's heavy investment programme, Wimm-Bill-Dann is continuing its aggressive expansion policy with a major investment in an Uzbekistan dairy facility.

Milk Link acquisition

Milk Link the UK's fourth largest integrated dairy business, has this week announced that it is to continue its trend of acquiring units by buying Peninsula Milk Processors.

Number two cultures slot for Danisco on Rhodia acquisition

Ingredients giant Danisco leapfrogs into the second global position for cultures as the Danish firm acquires the food ingredients arm of ailing French chemical business Rhodia.

Arla merger causes dairy closure

UK milk producer Southern Milk co-operative has announced that is to disband as a result of increasing competition pressure from the recently formed Arla Foods UK. The move could leave...

Nestlé buys Volyn Holding

Nestlé continues to pursue its strategy of getting a foothold in just about every food market in the world. The recent purchase of Ukrainian food...

WBD buy delayed by Danone

Amidst growing political instability in Russia, French food group Danone has postponed its planned takeover bid for Russian dairy products and juiceproducer Wimm-Bill-Dann. The Financial...

Takeover rumours hang over Danone

Speculation has once again been rife this week that French food and drink giant Danone could be close to signing a deal with Wimm-Bill-Dann , the...

Saputo to make Argentinean acquisition

Canada dairy giant Saputo has entered into a preliminary agreement with Molinos Rio de la Plata, a public company from Argentina, to acquire 100 per...

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