Italian dairy group Granarolo has acquired a 51% stake in protein start-up White & Seeds, with the option to take full control of the business ‘in the next few years’.
Canadian company Global Food and Ingredients Inc. (GFI) has completed the acquisition of Your Fitness Dish Inc., a plant-based milk alternatives and snack food company operating under the brand YoFiit.
Zenith Global has published its annual global mergers and acquisitions database, which reveals 2021 was another record year for food and drink industry transactions, with 1,116 registered, an average of 21 each week.
SIG has announced it has entered into an agreement to acquire Pactiv Evergreen Inc.'s Asia Pacific Fresh operations (Evergreen Asia) for an enterprise value of $335m.
The Urgent Company, the consumer brands subsidiary of Perfect Day, has acquired ice cream company Coolhaus, and will transition the company away from dairy to animal-free products.
Symrise AG has signed a purchase agreement for the acquisition of Giraffe Foods Inc., a Canadian-headquartered producer of customized sauces, dips, dressings, syrups and beverage concentrates for B2B customers, in the home meal replacement, food service...
The Michigan Milk Producers Association (MMPA) dairy cooperative, based in Novi, Michigan, has announced it will acquire Superior Dairy in Canton, Ohio, a subsidiary of LEL Operating Company.
This week, we have interviews with Rick Pedersen, president, Ornua Ingredients North America, and Dennis Lin, chairman of Bubs. We also have our weekly look at the global dairy markets with Charlie Hyland at StoneX.
Granarolo S.p.A. has announced the acquisition of 100% of Calabro Cheese Corp. a US company based in East Haven, Connecticut, which produces and markets fresh dairy products, in particular ricotta, mozzarella and burrata.
Irish dairy cooperative, Ornua, has completed the acquisition of US cheese ingredients business, Whitehall Specialties Inc (WSI) for an undisclosed sum from Mason Wells, a private equity firm in Milwaukee, Wisconsin.
Huhtamaki has entered into an agreement to acquire Elif Holding A.Ş. (Elif), a supplier of sustainable flexible packaging to global FMCG brand owners, with operations in Turkey and in Egypt.
Lifeway Foods, Inc., a US supplier of kefir and fermented probiotic products, has announced it intends to acquire certain assets of privately-held, California-based GlenOaks Farms, Inc., a drinkable yogurt brand founded in 1984.
UK dairy companies Freshways Dairy, based in Acton, and Medina Dairy, based in Windsor, have confirmed they have agreed to merge to become Medina Freshways Ltd.
Kerry has announced the completion of the acquisition of Biosearch Life, a biotechnology company focused on providing solutions for the pharmaceutical, nutraceutical and functional food sectors.
US headquartered Tekni-Plex has signed a definitive purchase agreement to acquire Grupo Phoenix in a deal that will bolster Tekni-Plex’s ability to deliver market-focused, customer-driven packaging solutions, especially in the food and beverage markets.
US based Ronin Equity Partners has acquired three specialty cheese companies: Red Apple Cheese, which produces smoked, flavored, and kosher specialty cheeses; Barron County Cheese, a smoker and co-packer for the specialty cheese industry; and Cheese Brothers,...
Canadian dairy company Saputo Inc. has announced two acquisitions, one in the dairy alternatives space and the other in value-added ingredients, at a cost of around C$187m (US$154m).
Granarolo S.p.A. has acquired the remaining 49% of Granarolo UK Ltd to increase its share capital from 51% to 100% with a view to consolidating its presence in the UK.
Synergy Flavors Inc., a member of the Irish-based Carbery Group, has announced the acquisition of savory flavor and ingredient supplier, Innova Flavors, from Griffith Foods Worldwide.
Stage, a specialized growth venture fund that invests in technology enabled and consumer products businesses in need of capital and operating expertise, has acquired Haystack Mountain Creamery in Longmont, Colorado.
SI Foods Ltd, the majority shareholder of Dodoni SA, and CVC Capital Partners VII (CVC Fund VII) have agreed to the joint ownership of SI Foods Holding Ltd, with CVC Fund VII holding a majority interest.
Ingredion Incorporated, a global provider of ingredient solutions to the food and beverage industry, has acquired KaTech, a privately-held company headquartered in Lübeck, Germany, which provides advanced texture and stabilization solutions to the food...
German dairy company The Meggle Group GmbH, headquartered in Wasserburg am Inn, has acquired Stegmann Emmentaler Käsereien GmbH from French dairy cooperative Sodiaal.
Nomad Foods Limited has entered into an agreement to acquire Fortenova Group’s Frozen Food Business Group (FFBG) for aggregate consideration of approximately €615m ($722m) on a debt-free, cash free basis.
Swedish investment company Novax has acquired a majority stake in Ulrick & Short, a UK producer of sustainable and healthier 'clean label' food and food ingredients.
Nestlé, Constellation Brands, Diageo, Keurig Dr Pepper, New Age Beverages and Pernod Ricard were the most acquisitive companies of 2020, according to the Zenith Global food and drink transactions database, with each responsible for five or more takeovers....
Zenith Global has published its database of food and drink company mergers and acquisitions in 2019, and the data show the previous record high of 777 in 2018 was broken again, with 789, an average of 15 each week.
BY-HEALTH officially announced that it had completed the acquisition of Australian probiotics firm Life-Space Group (LSG) in a US$483.1m (A$670m) deal.
