DuPont Nutrition & Health has announced that it will sell its global food safety diagnostics business to a Warburg Pincus portfolio company Hygiena. However, the financial terms of the transaction were not disclosed. The acquisition ...
Tags: DuPont, Food Safety, Hygiena
US-based agricultural company Monsanto has secured an approval from its shareholders to merge its business with a subsidiary of German pharmaceutical company Bayer for $66bn. As per the terms of the merger deal, the shareowners will be ...
Tags: Monsanto, Merger Deal
“This is a good deal for our customers as well as for Shell,” said Mark Williams, Royal Dutch Shell’s Downstream Director. “We will significantly reduce our capital exposure in line with our strategy to concentrate ...
It is anticipated the acquisition agreement with Bow Energy will be implemented on 11 January 2012, subject to Australian court approval at a final hearing scheduled for 22 December 2011. Australian and Chinese regulators have already ...
Tags: Bow Energy, acquisition agreement, Arrow
Shell’s Upstream business in Denmark are not impacted by this agreement. Separately, Shell is seeking a buyer for its Fredericia refinery. The sale is subject to regulatory approvals and is expected to complete in 2015. Details of ...
Permitting continues for the proposed Elba Liquefaction Project, which consists of 10 small-scale liquefaction units to be purchased from Shell. They will be integrated with the existing Elba Island facility and enable rapid construction ...
The sale covers Shell’s Geelong Refinery and 870-site retail business - along with its bulk fuels, bitumen, chemicals and part of its lubricants businesses in Australia. It also includes a brand license arrangement and an exclusive ...
Thailand's Charoen Pokphand Foods (CPF) has entered into an agreement to buy US-based frozen food manufacturer Bellisio Foods for $1.08bn. Headquartered in Minneapolis, Bellisio is a portfolio company of private equity firm Centre ...
Tags: Frozen Food, Bellisio Foods
Swire Pacific subsidiary Swire Beverages has agreed to acquire Coca-Cola bottling assets in China in a bid to strengthen its business in non-alcoholic ready-to-drink beverages. The deal to refranchise bottling operations in China has been ...
Tags: Swire Pacific, Coca-Cola
South African food company Pioneer Foods has announced that it would buy a 49.89% stake in major FMCG manufacturer Weetabix East Africa for an undisclosed amount. The acquisition is expected to establish a strategic beachhead for Pioneer ...
Tags: Pioneer Foods, Cereal
Cargill has agreed to acquire Brazil-based SGS Microingredients for an undisclosed sum in a move to expand its business in the industrial oils segment. The acquisition of SGS Microingredients is said to be in line with Cargill’s ...
Tags: Cargill, Industrial Oils
Dutch-based Jacobs Douwe Egberts (JDE), through its wholly owned subsidiary Sapphire Investments, has made an offer to acquire Singapore based Super Group for $1.45bn. Super Group is an instant food and beverage brand owner and ...
Tags: Super Group, Jacobs Douwe Egberts
DuPont Nutrition & Health and Inbiose will jointly launch a new infant nutrition ingredients based on complex carbohydrates found in mother’s milk. DuPont has entered into a joint development and licensing agreement with ...
Sale of 40% stake in Glencore Agricultural Products and creation of long-term partnership with CPPIB Glencore plc (“Glencore”) is pleased to announce that it has entered into a definitive agreement with Canada Pension Plan ...
Tags: Agricultural Products, Glencore
Constellation Brands has agreed to sell its Canadian wine business to Ontario Teachers' Pension Plan for about C$1.03bn ($786m). The sale includes Jackson-Triggs and Inniskillin wine brands and wineries, as well as Wine Rack retail ...
Tags: Constellation, Wines