Deal News

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…

Bega Cheese disputes Vitasoy’s valuation of JV stake

Australia’s Bega Cheese has described Vitasoy International’s offer for its stake in their plant-based beverages joint venture as “substantially less”…

Dabur India acquires local spices firm Badshah Masala

FMCG major Dabur India has bought a majority stake in local spices and seasonings firm Badshah Masala, it has announced.…