The European Commission has approved Switzerland-based meat processor Bell Food Group‘s acquisition of Austrian poultry producer Huber Group. The financial terms of the deal have not been disclosed. The acquisition was announced on 16 ...
Tags: European Commission, Bell Food Group, Huber Group, Acquisition
European bottler of soft drinks and fruit juices, Refresco Gerber has signed an agreement to acquire the bottling facility in Hamburg, Germany from food and beverage company PepsiCo in a bid to strengthen its co-bottling activities. The ...
Tags: Refresco Gerber, soft drinks, fruit juices
Panasonic Corporation has acquired Hussmann Corporation, a Missouri-based manufacturer of refrigerated display cases and systems. Panasonic has signed an agreement with Hussmann Parent Inc., the Delaware-based parent of Hussmann, and ...
Anheuser-Busch InBev faced some serious queries from the US lawmakers over its plan to acquire SABMiller. The lawmakers are concerned that deal could stifle the growing craft beer industry. The £71bn deal that was announced in ...
Tags: craft beer, caft beer industry
Orkla has reported a 10% increase in operating profit , totalling NOK 725m in the first quarter of 2015. The Branded Consumer Goods business achieved EBIT (adj.) of NOK 769 million, an improvement of 11% from the first quarter of 2014. ...
Tags: Orkla, Hydro Power
British frozen food and seafood supplier Findus has received an approval from the Spanish Competition Authorities for the acquisition of Nestlé Spain’s La Cocinera frozen ready to eat meals business. Earlier this year, ...
Tags: Findus Group, seafood, frozen food
Nestlé Spain has agreed to divest its La Cocinera frozen ready to eat meals business to British frozen food and seafood supplier Findus Spain for an undisclosed amount. The company has signed an agreement to this effect which is ...
Orkla has agreed to divest its confectionery producer OJSC Orkla Brands Russia to Slavyanka-Lyuks JSC, a member of the Russian confectionery group Slavyanka. The agreement signed will require the company to sell 100% of its shares in ...
Tags: confectionery, Agriculture
In July 2014 Huhtamaki announced that as a result of its growing strategic focus on food packaging it had started to evaluate options regarding its films business. The annual net sales of the films segment were €187m in 2013 and the ...
Tags: Films Business, Packaging
Nampak will sell its paper business to Ethos Private Equity on behalf of the Ethos Fund IV for around $14m (R1.575bn). The sale will include Nampak's corrugated, sacks and tissue divisions, but will exclude its shareholding in Sancella ...
Tags: Paper Business, Private Equity, Agriculture
Nobia (NOBI.ST) has received an offer to divest its French kitchen chain Hygena to Fournier SA, which manufactures and sells kitchens under the brands Mobalpa, Perene and SoCoo'c. Nobia intends to respond to the offer after consultation ...
Tags: Nobia, Fournier SA, Food
Investcorp, a global provider and manager of alternative investment products, announces its agreement to acquire SPGPrints Group B.V. ("SPGPrints" or the "Company") from funds managed by Bencis Capital Partners for an enterprise value of ...
Tags: Investcorp, Acquire, Textile
Finnish firm Huhtamaki has signed an agreement to acquire India-based privately-owned flexible packaging firm, Positive Packaging, in a deal worth €247m ($336m). Following the acquisition, Huhtamaki will merge Positive Packaging ...
Tags: Huhtamaki, Positive Packaging, Packaging
Finland-based packaging supplier Huhtamaki has announced plans to sell its films business segment, in order to concentrate more on food packaging. The company's latest decision comes on the heels of evaluating options pertaining to its ...
Tags: Huhtamaki, business segment, ackaging
The merger between Arla Foods and EGM Walhorn has now been approved by the cooperative owners in both companies. The merger will add more dairy farmers to Arla in Belgium, Germany, and the Netherlands. Owner-elected representatives from ...
Tags: Agriculture, Food