Mergers And Acquisitions

Kroger has recently put new emphasis on its ecommerce platform by launching Kroger Ship last summer.

Peak Rock acquires Turkey Hill Dairy from Kroger

By Beth Newhart

Peak Rock Capital has signed an agreement to acquire the Turkey Hill Dairy business from The Kroger Co., known for ice cream, refrigerated drinks and other dairy products. It marks Peak Rock’s eighth current investment in the food and beverage industry.

Dean Foods plans to invest in its core capabilities, technology, infrastructure, people and systems.

Sharp loss in profit forces Dean Foods to consider sale

By Beth Newhart

A disappointing fourth quarter for Dean Foods rounded out an under-performing 2018, causing the dairy giant to explore alternatives in its ‘business transformation.’ It is considering a joint venture, business combination or even a sale.

Cargill reports a 20% earnings loss in Q2

By Beth Newhart

Cargill took a hit in its second quarter with a 20% drop in net earnings compared to the year-ago period. It cited a ‘world of uncertainty’ affected by the struggling US dairy industry and lingering trade wars throughout 2018.

The sale is expected to boost Axéréal's global malt footprint.

Cargill sells malt business to Axéréal

By Beth Newhart

French grain cooperative Axéréal will acquire Cargill’s malt business under the Axéréal malt subsidiary Boortmalt, affecting 15 global facilities and more than 500 people.

FrieslandCampina acquires second US company

By Beth Newhart

The Dutch Royal FrieslandCampina N.V., a global dairy brand, closes out a busy December with the announcement that it has acquired Best Cheese Corporation USA, importer and vendor of specialty cheeses. It’s the second US company it has picked up this...

Noosa has tripled its sales, market share and local production capacity in the last four years.

Noosa yogurt acquired by Sovos Brands

By Beth Newhart

Australian-style yogurt brand Noosa is merging into Sovos Brands, a CPG collector with an Italian portfolio and financial backing from Advent International.

The first meeting of the alliance will be on October 8, 2018 in Madison, Wisc.

Dairy Food Safety Alliance formed in Wisconsin

By Beth Newhart

The Center for Dairy Research (CDR), the Dairy Farmers of Wisconsin (DFW) and the Wisconsin Cheese Makers Association (WCMA) have come together to form the Dairy Food Safety Alliance to serve the Wisconsin dairy industry.

The dairy sector topped the list of acquisitions in 2017, with 72. Pic:©GettyImages/designer491

Dairy tops list of acquisitions in 2017

By Jim Cornall

According to a report by Zenith Global, 2017 was another record year for food and drink industry transactions, with 727 registered in the bevblog.net mergers and acquisitions database, an average of almost 14 each week.

Animal feed industry gets a new website

Animal feed industry gets a new website

By Jane Byrne

A new website has been launched to supply breaking news for the global animal feed industry – a sector that was valued at $500 billion last year.