Peer PMFresh acquires Australia’s HS Fresh Food after emerging from administration
In the food and beverage industry, HS Fresh Food Group, an Australian salad supplier, recently underwent administration and has now been acquired by local peer...
Category : Finance
Ausnutria Dairy acquires complete ownership of Amalthea
Ausnutria Dairy Corp. is set to acquire the remaining 50% share of the Netherlands-based organic goat’s cheese cooperative Amalthea. The initial 50% was purchased in...
Activist investor Oasis Increase Stake in Greencore
Greencore has refrained from commenting on the recent move by Hong Kong activist fund Oasis Management to increase its stake in the UK-listed sandwich maker....
Investment by JBS in a new processing line at Canadian plant
JBS, a major player in the food and beverage industry, is investing approximately C$90m ($66m) in a new patty processing line at a Canadian facility....
PepsiCo joins forces with Yara to develop eco-friendly fertilizers.
PepsiCo has partnered with Yara International to secure lower-emission crop nutrients for its European business. Yara will supply up to 165,000 tonnes of fertiliser per...
The Krüger Group of Germany Acquires Swiss Sweetener Company
German food and beverage manufacturer Krüger Group has acquired Switzerland-based Hermes Süssstoff from pharmaceutical company Klosterfrau. The acquisition includes brands such as Hermesetas, SteviaSweet, and...
Katjes Group increases ownership in personalized cereal company Mymuesli
Germany’s Katjes Group has increased its stake in local organic muesli maker Mymuesli to around 56%, becoming the majority shareholder. This move, facilitated through its...
Luiz Amaral, CEO of SBTi, to resign from position
The Science Based Targets initiative (SBTi) recently announced the resignation of CEO Luiz Amaral for personal reasons. Susan Jenny Ehr, the Chief Legal Officer, will...
Shareholders of Synlait approve bailout by Bright Dairy
Synlait Milk, a New Zealand dairy business, has recently secured shareholder backing for a substantial loan from its major supporter, Chinese company Bright Dairy. The...
Private-equity group acquires Molino Nicoli
Italy’s Clessidra Private Equity SGR has acquired Molino Nicoli, a local better-for-you cereals manufacturer, from the Nicoli family. The financial details of the transaction have...