Europastry Acquires Majority Stake in Chile’s Alicomer
Spanish bakery producer Europastry has acquired a controlling interest in Chilean company Alicomer. Although the financial terms have not been disclosed, the transaction provides Europastry...
Category : Finance
Lindt & Sprüngli Lowers Sales Forecast as Higher Prices Weigh on Volumes
Lindt & Sprüngli has reduced its full-year organic sales outlook, pointing to the impact of higher prices and weaker consumer volumes. The Swiss chocolate group...
Crosta Mollica Merges With Nestlé’s European Pizza Spin-Off
Premium UK pizza company Crosta Mollica has combined with the European pizza operation Nestlé separated from the group three years ago through a transaction involving...
Müller in Talks to Acquire Dairy Rival Vogtlandmilch
German dairy group Unternehmensgruppe Theo Müller has confirmed that it is holding discussions about a potential acquisition of fellow domestic producer Vogtlandmilch. A representative of...
Nexture Enters the Gulf Market with La Crema Acquisition
Nexture, the food ingredients platform owned by Investindustrial, is set to purchase Dubai-based chocolate and ingredients producer La Crema. The transaction will establish Nexture’s first...
Chinese Condiment Maker Haitan Acquires Amoy Food
Chinese condiment producer Foshan Haitian Flavouring and Food Company has purchased Amoy Food from private-equity investor Trustar Capital. The transaction value for the Hong Kong-based...
Paleo Raises €2 Million to Scale Heme Protein Production
Belgian food-tech business Paleo has raised €2 million to accelerate the commercial expansion of its animal-free heme proteins. Using precision fermentation in yeast, the company...
Aldi Yorkshire Potato Supplier Cockerill Invests £1.65m in New Technology
Located near York, family-run Cockerill has supplied Aldi since the retailer entered the UK market. The grower currently delivers a selection of British fresh potatoes,...
IDAK Food Group Sells Founding Business, Kadi
Switzerland-based IDAK Food Group is selling potato products and snacks producer Kadi to domestic private-equity investor Invision. Invision will acquire a majority interest in the...
Berglandmilch in Merger Talks With Austrian Rival
Austrian dairy producer Berglandmilch is holding talks with fellow co-operative Obersteirische Molkerei about a potential “merger”. A representative of Berglandmilch, Austria’s biggest dairy company, confirmed...