Deal News
Italian bakery business Europan Sud bought by European investors
Italian bakery company Europan Sud has been acquired by Milan-based investment group AVM Gestioni and European asset management group Amundi…
Brown-Forman announces $200m tequila expansion in Jalisco, Mexico
Brown-Forman, a US-based provider of spirits and wine, plans to invest $200m to expand its Casa Herradura tequila distillery in…
Pasta maker Canuti comes under private-equity ownership
Pasta maker Canuti Tradizione Italiana has been acquired by US private-equity firm The Riverside Company. Canuti, which supplies filled and…
United Petfood acquires two European facilities from Cargill
United Petfood, the Belgian private-label pet-food producer, has added to its factory network by acquiring two facilities from US agri-food…
France’s Bel enters JV with Britannia Industries to grow “nascent” India cheese market
French cheese producer Bel has entered into a joint venture with India’s Britannia Industries, buying 49% of its dairy business, the…
Minerva to buy Breeders and Packers Uruguay from Japan’s NH Foods
Brazilian meat processor Minerva is to acquire Uruguayan peer Breeders and Packers Uruguay from Japan’s Nippon Ham Foods Group (NH…
Abu Dhabi’s IHC fails in bid to take large stake in Colombia’s Nutresa
An offer by Abu Dhabi’s International Holding Company (IHC) for a significant stake in Colombian food group Grupo Nutresa has…
Fonterra sells Chile unit Soprole to Peru’s Gloria Foods
Fonterra has sold its Chile dairy assets to Peru’s Gloria Foods for CLP591.07bn (US$641m). The group, owned by 10,000 New…
India’s LT Foods buys back Daawat Foods stake in Salic Saudi Arabia partnership
India’s LT Foods has entered a supply agreement with Saudi Arabia’s state agricultural fund Salic, with shares changing hands between…
Competition watchdog blocks UK part of Cérélia’s Jus-Rol deal
The UK’s Competition and Markets Authority (CMA) is to block the local part of General Mills’ disposal of its European…
