Royal DSM, a global science-based company in Nutrition, Health and Sustainable Living, announces that it has reached agreement with the shareholders of specialty dairy solutions provider Koninklijke CSK Food Enrichment C.V. (“CSK”) for the acquisition of a 100% interest in the company for a cash consideration of about €150 million. Subject to customary conditions, the […]
Ridgefield, announced Tuesday that it has acquired the assets of Seattle-based beer and wine distributor Browar Polska Inc. Corwin and its subsidiaries distribute beer, wine, convenience foods, coffee and Pepsi-brand soda throughout the Portland metro region. Browar Polska distributes alcoholic beverages to retailers, bars and restaurants, with a focus on European import wine and beer. […]
Premium water companies The Alkaline Water Company and Aquahydrate are joining forces: with CBD-infused product launches in the pipeline to meet demand for functional wellness beverages. The combined companies are projected to drive sales of more than $65m for FY2020 on a pro forma basis. Aquahydrate’s celebrity investors Mark Wahlberg, Sean ‘Diddy’ Combs and Jillian […]
Hershey is set to strengthen its foothold in the snacks space by acquiring the maker of a line of low-sugar and high protein bars, ONE Brands. The $397 million deal, which was announced within a week after the U.S. chocolate giant made a minority investment in Irish protein bars company Fulfil, is expected to close […]
The Ferrero Group has announced a definitive agreement pursuant to which it will acquire the cookie, fruit and fruit-flavored snack, ice cream cone and pie crust businesses from Kellogg Company for US$1.3 billion (or €1.16 billion at current exchange rates). These businesses generated sales of approximately US$900 million in 2018. Ferrero will acquire a strong […]
Archer Daniels Midland Company (ADM) is acquired the Ziegler Group, a European provider of natural citrus flavor ingredients. The deal is expected to close in the second quarter of 2019. The agreement comes shortly after ADM completed its addition of US-based citrus flavor provider Florida Chemical Company (FCC), which was officially completed earlier this month. […]
Glanbia has agreed to acquire Watson a non-dairy ingredient solutions business headquartered in Connecticut (US) for US$89 million (€78.65 million). Watson is presented as a highly complementary addition to Glanbia’s Nutritional Solutions business and will help broaden their capabilities in the ingredients sector. The company is a manufacturer and supplier of high-quality custom nutrient premix, […]
Kerry Group, the Ireland-based consumer foods and ingredients supplier, today (25 October) announced acquisitions in the US and the Middle East. In a stock-exchange filing this morning, Kerry said it had struck deals to buy California-based ingredients business Fleischmann’s Vinegar Co. and Oman-headquartered foodservice supplier AATCO Food Industries. Kerry is to pay a combined […]
Natural ingredients manufacturer Döhler Group has acquired a majority stake in Italian firm Nutrafood as it aims to boost its plant-based food and beverage offer. Döhler said it was drawn to Nutrafood’s “extensive expertise and ability to provide plant-based ingredients for food and beverages”. It expects the deal to create “unique synergy effects”. The company […]
Chr. Hansen is further expanding its enzyme production and presence into the traditional segments of specialty cheeses, with the newly announced acquisition of the assets of Austrian-based ingredient supplier Österreichische Laberzeugung Hundsbichler GmbH. Hundsbichler products are widely recognized for high quality and the purchase will enable Chr. Hansen to offer cheesemakers a second-to-none product portfolio […]
For more than 40 years, SlimFast has pioneered a range of products in the weight management and health & wellness sector. Glanbia plc, the global nutrition group, has signed an agreement with the owners of KSF Holdings LLP and HNS Intermediate Corporation who collectively own SlimFast and other brands, to acquire such entities for $350 […]
Firmenich and Senomyx, Inc. (NASDAQ :SNMX ) today announced that they have entered into a definitive merger agreement under which Firmenich will acquire all of the outstanding common stock of Senomyx for $1.50 per share in cash. This represents a premium of approximately 43% over Senomyx’s closing price on September 14, 2018 and a premium […]
Firmenich will acquire US-based ingredients firm Senomyx, increasing its portfolio of natural flavours for food and beverage companies. The deal, which has been unanimously approved by the boards of directors of both companies, is expected to close in the fourth quarter of 2018. Upon closing, Senomyx will be integrated into Firmenich’s North America research and […]
Acquisition to give Coca-Cola a global coffee platform with a footprint in more than 30 countries. The Coca-Cola Company it has reached a definitive agreement to acquire Costa Limited, which was founded in London in 1971 and has grown to become a major coffee brand across the world. The acquisition of Costa from parent company […]
Royal FrieslandCampina N.V. has taken over the activities of Best Cheese Holland, including its brands Parrano and Tjiezi. Financial details have not been disclosed. With this step FrieslandCampina Consumer Dairy wants to respond stronger to the consumer need to use more cheese in cooking and the growing demand for dairy snacks as dippers. The Parrano […]
