Italy’s Euricom Acquires European Rice Competitor Sonko
In a strategic move within the snack industry, Italian rice and pulses giant Euricom has successfully acquired the Polish snacks company Sonko for an undisclosed...
Tag : Mergers and acquisitions
Unilever focuses on increasing sales through volume rather than raising prices
Unilever’s half-year results reveal a focus on volume growth in its food segments, with a 2.6% increase compared to previous quarters. This strategy aligns with...
Jacob Vishof Paulsen discusses post-merger strategy for Novonesis F&B
Recently, Novonesis was established through the merger of Denmark’s Chr Hansen and Novozymes, creating a €3.7bn biosolutions powerhouse. The focus of Novonesis is to harness...
Chr Hansen and Novozymes Merge Creating €3.7bn Biosolutions Powerhouse
In Denmark, the national business authority has officially registered Novonesis, marking the completed merger between enzyme and cultures suppliers Novozymes and Chr Hansen. The combined...
Danone in discussions to sell Michel et Augustin biscuit brand to Ferrero ecosystem
CTH Invest, a Ferrero-related Belgian Holding Company, is currently in negotiations to fully acquire Michel et Augustin from Danone. The business markets premium biscuits and...
Mars completes acquisition of Hotel Chocolat in confectionery merger and acquisition deal
Mars Inc., a US-headquartered confectionery major, has announced plans to acquire British chocolate retailer Hotel Chocolat for more than £534m (€610m), marking a significant move...
Danone and Chr Hansen Collaborate on Dairy and Plant-Based Innovation for Partner for Growth Initiative
Danone Manifesto Ventures, the corporate venture arm of leading dairy company Danone, is actively seeking new partnerships and strengthening existing ones in the food and...
AI to be Utilized by Agrematch and ICL Partnership for Optimizing Agriculture through Biostimulant Search
ICL, a specialty minerals company, and Agrematch, an agritech AI start-up, have joined forces to find innovative solutions for crop nutrition. This partnership aims to...
Navigating Current Challenges: Expert Advice for Food Tech Start-ups
The agrifood tech sector is facing significant challenges in terms of sustainability, carbon emissions, waste reduction, and public health. However, the current economic situation, marked...