Marico of India Acquires Majority Stake in D2C Brand Plix
India-based consumer goods giant Marico is set to strengthen its position in the food and beverage industry through a majority stake acquisition in Satiya Nutraceuticals,...
Category : Finance
Avril Acquires Majority Ownership in Hari&Co, a Leading Plant-Based Food Manufacturer
France-based agri-food company Avril Group has acquired a majority stake in local plant-based food manufacturer Hari&Co. This strategic move strengthens Avril’s position in mass consumption...
KTC Acquires Greencore’s Oil Division Trilby
Greencore Group, a convenience food business headquartered in Dublin, has announced the sale of its edible oils unit, Trilby, to UK-based KTC for approximately €9.8m...
Britvic diversifies its offering through the purchase of the UK’s rapidly expanding ‘ready to drink’ iced coffee label
Britvic plc has recently acquired Jimmy’s Iced Coffee, the fastest-growing ready-to-drink (RTD) iced coffee brand in the segment, founded in 2010. In the year leading...
Nestlé Indicates Improved Volume and Margin Restoration as Pricing Becomes More Balanced.
Nestlé is aiming to achieve positive growth in its key underlying metric of real internal growth (RIG) as the impact of pricing moderation on volumes...
Yowie Group’s CEO Resigns from Leading Role at Confectionery Company
Mark Schuessler, the MD and CEO of Australia-based confectioner Yowie Group, has resigned from his positions. Schuessler, who took on the role of CEO in...
Danone alters pricing approach amidst European margin decline hitting rock bottom
Danone plans to adjust pricing strategies as inflation eases throughout the financial year. The French dairy company increased prices by 8.7% in the second quarter,...
Full commercial launch of Aqua Cultured Foods still years away
Aqua Cultured Foods, a start-up in the food and beverage industry, is currently focused on a pilot programme as it prepares for a full commercial...
Grupo Bimbo highlights strong pipeline for mergers and acquisitions
Grupo Bimbo, the world’s largest bakery products supplier, is actively pursuing mergers and acquisitions (M&A) opportunities after successfully acquiring three businesses in 2023. During a...
Freshcut Foods acquires majority share from Flywheel Partners
London-based private investment firm, Flywheel Partners, has announced its majority stake in UK plant-based ingredient provider, Freshcut Foods. This acquisition comes after another private equity...