Kraft Heinz to buy Turkey sauces firm Assan Foods
The US giant has snapped up one of its co-manufacturers.
Foodservice strategy
Airline caterer SATS takes controlling interest in Thailand’s Food City Co.
SATS in Singapore plans to take a majority stake in a Thai sauces and curry pastes maker.
France’s Fleury Michon in talks to sell Canada subsidiary
France-based food manufacturer Fleury Michon is in talks over the potential sale of its subsidiary...
Haystack Mountain Creamery bought by PE firm The Stage Fund
Haystack Mountain Creamery, a US-based cow and goat's cheese producer, has been bought by private-equity...
Fresh produce supplier Greenfood Group to build new plant in Sweden
Investor-backed Greenfood Group in Sweden, a manufacturer of fresh fruit and vegetables, sandwiches and wraps,...
Fonterra shares suspended ahead of capital structure proposals
Fonterra has suspended its shares across multiple trading platforms ahead of an announcement of proposed changes to the dairy giant's capital structure. The suspension by the world's largest dairy cooperative…
Plant-based firm Tattooed Chef to acquire Foods of New Mexico
Tattooed Chef, a plant-based food business in California, has entered an agreement to buy two local firms trading as Foods of New Mexico for US$35m. The deal comprises New Mexico…
Grupo Bimbo invests in new QSR supply facility in US
Mexican bakery giant Grupo Bimbo is to spend US$25m on re-purposing a facility in the US state of Georgia. The plant will be used by the US arm of its…
Dessert Holdings to get new private-equity owner
Dessert Holdings in the US is to get a new private-equity owner in the form of Bain Capital Private Equity, which is set to purchase the desserts manufacturer from Gryphon…
New majority owner for Danish meat-to-dairy group Geia
Geia Food, a poultry-to-dairy producer in Denmark, is about to get a new majority owner as Credo Partners has entered an agreement to sell its stake to another investor. Norway-based investment…
Finnish food group Valio buys restaurant supplier Heinon Tukku
Finland-based food group Valio has acquired local wholesale business Heinon Tukku for an undisclosed sum. Tapping into what it describes as a "long-term megatrend", of eating out and takeaway, Valio,…
