Spirits and wine firm Pernod Ricard has agreed to acquire a majority stake in West Virginia distiller Smooth Ambler Spirits. The purchase, to be made by Pernod Ricard North America subsidiary NBV Investments, is anticipated to be ...
Tags: Pernod Ricard, Spirits
German based food technology company GEA has bagged a contract valued in mid double-digit millions of euros to establish a nutritional powders plant in New Zealand for Mataura Valley Milk. The plant, which will come up at McNab, near Gore ...
Tags: Nutritional Powders Plant, GEA
Austria-based Schur Flexibles Group has signed an agreement to acquire majority stake in the Dutch company Drukkerij Zwart for undisclosed amount. Drukkerij Zwart is engaged in developing and producing packaging products for the food ...
Tags: Packaging, Drukkerij Zwart
Frutarom has agreed to acquire 75% stake in savory solutions provider Piasa Group for approximately MXN405m ($20.5m) to foray into the Mexican market. Piasa is Frutarom’s first acquisition in Mexico, while being the fifth in the ...
Tags: Frutarom, Piasa Group
Gores Holdings has completed the acquisition of US-based fresh baked sweet goods maker Hostess Brands. The combined company will be renamed as Hostess Brands and will trade on NASDAQ under the symbols TWNK and TWNKW, respectively. Gores ...
Tags: Gores Holdings, Twinkies
Swiss infant nutrition company Hochdorf has entered into an agreement to acquire a majority stake in Pharmalys Laboratories and Pharmalys Tunisia. Under the purchase agreement, Hochdorf will buy 51% stake in both the companies. Besides, ...
Tags: infant nutrition, Hochdorf
French dairy giant The Bel Group has entered into an agreement with LBO France to acquire a majority stake in fruit snacks and dessert maker MOM Group. Under the agreement, Bel will acquire 65% stake in the company, while the remaining ...
Tags: Bel, Healthy Snack
Swedish firm AR Packaging Group has signed an agreement to acquire a majority stake in Indonesian paper packaging firm PT Maju Jaya Sarana Grafika (MJSG) for undisclosed amount. Maju Jaya provides services from design, prepress, ...
Tags: AR Packaging, Packaging
Maruchan Ajinomoto, a Ajinomoto’s joint venture with Toyo Suisan Kaisha, has announced to begin production and sale of instant noodles in India next month. The joint venture between the two Japanese companies is looking to tap into ...
Tags: Ajinomoto, Instant Noodles
The Continental Corporation has announced targeted acquisitions to expand its technology expertise. The international automotive supplier, tire manufacturer and industrial partner has acquired the tire specialist Hoosier Racing Tire ...
Tags: Continental Corporation, acquisition, technology expertise
Global food processing company Archer Daniels Midland Company (ADM) has acquired the assets of Illinois based Caterina Foods for an undisclosed sum. Based in Lake Bluff in the US state of Illinois, Caterina Foods is a toll manufacturer of ...
Tags: ADM, Caterina Foods, acquisition
The South Korean firm has also signed a two-year agreement for exclusive rights for sale, marketing and distribution of Mattel products. Mattel has embarked on its plans to expand in the Asian market following its majority stake ...
French food supplier Solina Group has completed the acquisition of Rob Whitehad’s UK-based sauce maker New Ivory for an undisclosed price. The acquisition is part of Solina Group’s efforts to strengthen its presence and also ...
Tags: Solina, acquisition, New Ivory
Food and engineering group Carr’s has sold its flour milling business to Whitworths Holdings for £36m. Carr’s said that the disposal of its food division will enable it to increase focus on its growing agriculture and ...
Global food company Paulig Group has acquired a major stake of 51% in Finland-based Gold&Green Foods for an undisclosed amount. Gold&Green Foods is the manufacturer of pulled oats, a food innovation product. The partnership between the ...
Tags: Paulig Group, Gold&Green Foods