Panicium, a UK-based company, acquires The Bury Black Pudding Company
The Bury Black Pudding Company has been purchased by Panicium, a UK-based buy-and-build entity focused on the artisan food sector. Panicium acquired the company for...
Category : Finance
Private-equity firm acquires a 20% share in Bakkavor
US-based hedge fund Baupost has sold its minority stake in UK-based food manufacturer Bakkavor to private-equity firm LongRange Capital. In a stock-exchange filing, Boston-headquartered Baupost...
Krishna Kaliannan steps down as CEO of Catalina Crunch
Catalina Crunch, a start-up breakfast cereal company, is going through executive changes in the food and beverage industry. Founder Krishna Kaliannan is stepping down as...
PAI Partners considers options regarding its stake in a joint venture with Nestlé
PAI Partners is currently considering the possibility of selling its stake in Froneri, its ice-cream venture with Nestlé. The private-equity firm is in the early...
Grupo Bimbo acquires gluten-free bakery company Amaritta in Spain
In a move designed to meet evolving consumer demands and trends, the food and beverage giant Grupo Bimbo has announced the acquisition of Spain-based gluten-free...
T&L Sugars’ plan to move to Tereos site may face investigation in the UK
The deal between T&L Sugars and Tereos for the acquisition of a UK packing and distribution site in Normanton, West Yorkshire is being investigated by...
Danone to shut down yogurt production facility in Spain
French dairy giant Danone has confirmed its plan to close its dairy and plant-based yogurts facility in Parets del Vallès, located north of Barcelona, Spain,...
French butter manufacturer Loyez Woessen sets sights on international markets
France-based butter supplier Loyez Woessen, now known as Abondia, is expanding its presence in the food and beverage industry. An investment by BNP Paribas Développement...
DayDayCook continues its acquisition streak with GLI deal
DayDayCook (DDC), a Hong Kong-founded food business, has announced its second acquisition in recent weeks, agreeing to buy Italy’s G.L. Industry (GLI). Like DDC, GLI...
Ornua sells UK powder blending and manufacturing business
Ornua, an Irish dairy group, has announced its plan to sell its powder blending and manufacturing business in the UK. The business, which is part...