Nestlé Sells Majority Stake in Ankerkraut to Family Owners
Nestlé is divesting its majority stake in Ankerkraut, a German company specializing in spices and teas. The Swiss food giant has characterized this transfer back...
Category : Finance
Comvita Sells Stake to Fraser & Neave as Part of Funding Round
Comvita is divesting a minority stake to Singapore-based Fraser & Neave (F&N) as part of a strategic funding initiative. The New Zealand-based Mānuka honey producer...
Aksia’s Fornaio del Casale Secures Triad of Culinary Partnerships
Investor-backed Italian bakery producer Fornaio del Casale has successfully completed three add-on acquisitions, targeting Castelfood, Figulì, and Dolciaria Ponte Vecchio. These strategic moves align with...
Herdez Transfers Control of Nestlé Mexico’s Ice Cream Business to Froneri
Grupo Herdez has made significant strides in the food and beverage industry by agreeing to transfer operational control of its Nestlé-licensed ice cream business in...
Olam Group of Singapore Restructures Executive Leadership Team
Singapore’s Olam Group (OGL) is undergoing a significant restructuring of its executive team, which includes a change in the chairmanship of its food and ingredients...
Capespan Appoints New CEO as Management Changes Take Place
Capespan, a prominent fruit supplier based in South Africa, has announced the appointment of André de Klerk as its new Chief Executive Officer. This decision...
Nomad Foods Announces Leadership Changes in Europe
Nomad Foods has announced the appointment of two new presidents for key segments of its European business, aiming to enhance its operational efficiency within the...
Fortenova Finalizes Exit from Agriculture Sector with Vinka Plus Acquisition
Fortenova Group has officially signaled its departure from the agriculture industry by selling its fruit and vegetable division, Vinka Plus, to Osatina Group. This move...
Fortenova Agrees to Acquisition Offer for Croatia’s Pik Vrbovec Meat Group
Croatia’s Fortenova Group has accepted Bosqar Invest’s buyout proposal for the local meat producer, Pik Vrbovec. This strategic move is set to align with current...
El Latino, a Latin American Cuisine Company, Secures Private Equity Deal
Latin American and Caribbean foods company El Latino has partnered with private equity firm Apex Capital to expedite its expansion in the U.S. food and...