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M&A and joint ventures

Foodservice strategy

McCormick chief upbeat on future for home-cooking

10 November 2020 | Dean Best

Lawrence Kurzius, the CEO of US spices and sauces giant McCormick, discussed outlook for home-cooking, for e-commerce – and for foodservice. ... read more


Mondelez invests in Israel snacks start-up Torr

10 November 2020 | Dean Best

The US giant has put seed money into an Israel-based snacks start-up, which, the Oreo owner claims, can "offer multi-textural, sensorial experiences". ... read more


Canada's Premium Brands, First Nations groups to acquire seafood business Clearwater

10 November 2020 | Andy Coyne

Premium Brands, the Canada-based food group, has teamed up with a Mi'Kmaq First Nations Coalition to acquire a local seafood heavyweight in a CAD1bn (US$768.7m) deal. ... read more


Orior outlines new strategy with provision for bolt-on acquisitions

10 November 2020 | Simon Harvey

Orior has outlined a five-year strategy for the Switzerland-based food producer, which as well as new financial targets includes a provision for acquisitions. ... read more


Saputo "excited" by acquisition opportunities

10 November 2020 | Andy Coyne

Canadian dairy major Saputo has outlined its future acquisition strategy in a post-results call with analysts. ... read more


Vivartia owner prolongs exclusive deal talks with CVC

9 November 2020 | Dean Best

The owner of Vivartia has granted a request from a private-equity house interested in the Greece-based food manufacturer to extend their exclusive talks over a possible takeover. ... read more


UK manufacturers Addo Food Group, Winterbotham Darby sold to PAI Partners in chilled-food one-two

9 November 2020 | Andy Coyne

The owners of two UK-based chilled food group have sold the companies to private-equity firm PAI Partners. ... read more


PAI Partners buys majority of Spanish seafood group Angulas Aguinaga

9 November 2020 | Dean Best

Angulas Aguinaga, the Spain-based seafood group, has a new, private-equity, majority shareholder, it has been announced. ... read more


Nomad Foods to buy Findus Switzerland from Froneri

9 November 2020 | Andy Coyne

UK-headquartered Nomad Foods has unified one of its major brands by acquiring assets in Switzerland from ice-cream giant Froneri. ... read more


Canada's Premium Brands Holdings says pandemic has opened up M&A opportunities

9 November 2020 | Simon Harvey

Premium Brands Holdings CEO George Paleologou has indicated M&A opportunities are still on the table as the Canadian firm invests in adding production capacity. ... read more


Tyson Foods launches plant-based brand Raised & Rooted in Europe

9 November 2020 | Dean Best

Meat giant Tyson Foods is launching a range of plant-based products into a clutch of markets outside the US. ... read more


TreeHouse insists margins, not pantry-loading, drove move for Ebro pasta assets

9 November 2020 | Simon Harvey

TreeHouse Foods CEO Steven Oakland has provided more commentary around last week's deal to acquire pasta assets from Ebro Foods. ... read more


Nestle makes Mindful Chef latest D2C acquisition

6 November 2020 | Dean Best

A week after announcing the acquisition of US meals delivery firm Freshly, the world's largest food maker has bought control of a D2C business in the UK. ... read more


Aryzta reveals preferred board candidates ahead of AGM

6 November 2020 | Simon Harvey

Aryzta, the European bakery business, has this morning (6 November) put forward its board selections ahead of next month's annual general meeting. ... read more


Universal Robina brushes off Griffin's Foods sale talk

6 November 2020 | Dean Best

Universal Robina Corp. has issued a statement in response to media reports on the future for its New Zealand-based snacks business Griffin's Foods. ... read more


UK bakery business Hovis sold to PE firm Endless

6 November 2020 | Simon Harvey

UK bread maker Hovis has ended months of speculation by revealing this morning (6 November) the winning bidder for the business. ... read more


Main Street Gourmet backs US in-store bakery peer Biscotti Brothers

5 November 2020 | Dean Best

US in-store bakery supplier Main Street Gourmet has invested in a local peer in a bid to broaden its product and customer set. ... read more


Fortenova confirms frozen-food businesses on block

5 November 2020 | Andy Coyne

Croatia's Fortenova Group has revealed its intentions in regard to its frozen-food businesses, which have been linked to a possible divestment. ... read more


TreeHouse Foods to acquire US pasta brands from Ebro Foods

5 November 2020 | Simon Harvey

US private-label manufacturer TreeHouse Foods has acquired a batch of pasta brands sold in its domestic market. ... read more


Hovis 'in advanced talks to sell to PE firm Endless'

5 November 2020 | Simon Harvey

Hovis is reportedly negotiating a deal with a private investor to acquire the bread maker, pushing Italy's Newlat down the pecking order. ... read more


The Fillo Factory gobbles up gluten-free firm GeeFree Foods

4 November 2020 | Dean Best

GeeFree Foods, a US supplier of frozen, gluten-free foods, has been acquired by its co-manufacturer, the companies have announced. ... read more


Continental Grain invests in co-manufacturer Multifoods

4 November 2020 | Simon Harvey

Continental Grain Company, a private investor in New York, has taken a financial interest in a South American food and beverages business. ... read more


Australia’s My Muscle Chef gets private-equity investment

4 November 2020 | Dean Best

My Muscle Chef, an Australian supplier of prepared meals and protein shakes marketed on their health credentials, has secured fresh investment. ... read more


Unifrutti takes controlling stake in Italy's Oranfrizer

4 November 2020 | Simon Harvey

Unifrutti Group, a fresh fruit cultivator and retail supplier headquartered in Cyprus, has taken a controlling interest in a citrus fruit grower. ... read more


US snacks firm Benestar Brands snaps up Pretzilla brand owner Miller Baking

4 November 2020 | Simon Harvey

Benestar Brands, an investor-backed US snacks firm, has acquired a local business manufacturing pretzel buns. ... read more


Norwegian seafood firms Nergard Holding, Norsk Sjomat merge

4 November 2020 | Simon Harvey

Two Norwegian seafood businesses have merged operations in a move the new group claims will strengthen the enlarged business and create jobs. ... read more


Newlat wants exclusive Hovis talks

4 November 2020 | Dean Best

Newlat, the Italy-based food manufacturer, today (4 November) provided an update on its interest in UK bakery business Hovis. ... read more


Noble Foods-backed Plant Heads claims UK first with vegan egg NPD

3 November 2020 | Andy Coyne

UK start-up business Plant Heads has launched what it claims is a market first with its product Crackd. ... read more


Alt-meat firm Meati Foods raises millions in funding round

3 November 2020 | Andy Coyne

US alternative meat start-up Meati Foods has raised multi-millions in a Series A funding round, it has announced. ... read more


Data may trump D2C debate as Nestle swoops for Freshly

2 November 2020 | Dean Best

Nestle has paid a healthy multiple for a firm that, while growing rapidly, may remain a leader in a niche. But it's the consumer data on offer that could give the deal some spice. ... read more


Pilgrim's Pride eyes M&A for more balanced portfolio

2 November 2020 | Andy Coyne

US meat heavyweight Pilgrim's Pride has commented on whether acquisition activity could be a way to create a more balanced portfolio. ... read more


German organic business Biovegan acquired by investor Finexx

2 November 2020 | Simon Harvey

Biovegan, a manufacturer of organic, vegan and gluten-free baking products in Germany, has been taken over by an investment firm. ... read more


Maruha Nichiro to sell Peter Pan Seafoods to Alaskan investors

2 November 2020 | Andy Coyne

Japan seafood giant Maruha Nichiro is to sell its US-based Peter Pan Seafoods business, it has announced. ... read more


Candy maker Regal Confections sells majority stake to PE firm Clearspring Capital Partners

2 November 2020 | Simon Harvey

Regal Confections, a candy distributor and branded and private-label manufacturer in Canada, has sold a portion of the company to a private investor. ... read more


Denmark's Good Food Group snaps up honey producer Jakobsens

2 November 2020 | Simon Harvey

The Good Food Group, a food company in Denmark, has acquired a honey business in Europe for an undisclosed sum. ... read more


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