Starbucks has agreed to acquire the remaining stake of 50% in East China joint venture (East China JV) from Uni-President Enterprises Corporation (UPEC) and President Chain Store Corporation (PCSC). Starbucks will pay $1.3bn in cash and ...
Otsuka Pharmaceutical has agreed to acquire Canada-based Daiya Foods which specializes in the manufacturing plant-based foods. The acquisition, reported at 405 million Canadian dollars, is expected to help increase Daiya's presence ...
Tags: Otsuka, plant-based foods
Osram of Munich, Germany has made an investment (in the mid double-digit million euros range) to acquire a strategic 25.1% stake in LeddarTech Inc of Québec, Canada, which was founded in 2007 and has developed patented Leddar LiDAR ...
Tags: Osram, LiDAR sensing technology
Chinese paper and pulp company Anhui Shanying Paper Industry has agreed to acquire Swedish firm Nordic Paper from Special Situation Venture Partner lll and Petek. Special Situation Venture Partner lll and Petek, each hold 60% and 40% ...
Tags: Nordic Paper, Anhui Shanying Paper
US-based spice manufacturer McCormick & Company has agreed to acquire the food division of British consumer goods firm Reckitt Benckiser (RB) for $4.2bn to strengthen its flavor and condiments portfolio. The acquisition of RB Foods ...
Tags: consumer goods, RB Foods
Bormioli Luigi has partnered with Funds advised by Triton to acquire the Pharma and Tableware business divisions of the Bormioli Rocco group. Both business divisions will be owned and run independently of each other, as Bormioli Luigi ...
Tags: Bormioli Luigi, Tableware
San Diego-based craft brewery Coronado Brewing is acquiring a majority interest in Monkey Paw Brewing. The move allows Monkey Paw to share in Coronado’s resources, further developing the brand, while simultaneously maintaining the ...
Multi-Color Corporation has agreed to acquire Constantia Flexibles’ labels division for around €1.15bn ($1.3bn). Once the deal concludes, Constantia Flexibles will have 16.6% stake in Multi-Color and two representatives will ...
Tags: Flexibles labels, beverage
British snacking company KP Snacks agreed to buy Butterkist, the popcorn business of Tangerine Confectionery for an undisclosed price. The acquisition will also include the manufacturing facility of Butterkist located in Pontefract, West ...
US Foods has agreed to acquire broadline distributors, The Thompson Company, Braunger Foods and Variety Foods, owned and operated by Toba. Toba entered food distribution in 1995 with the purchase of The Thompson Company in Grand Island, ...
UK-based corrugated cardboard maker DS Smith is set to showcase e-commerce packaging solutions at Deliver #2 event in Germany. Deliver #2, which will take place on 27 and 28 June in Berlin, is an event that will bring together online ...
Tags: corrugated cardboard, Packaging
Spain-based food company Cerealto has closed the acquisition of Italian pasta maker Pastificio Mediterranea for an undisclosed price. The acquisition, which was completed following an approval from Concordato de Alessandria, also includes ...
Tags: Cerealto, Italian Pasta
Plastic packaging solutions provider Alpla has agreed to acquire South Africa-based Boxmore Packaging for an undisclosed sum. Based in Samrand of Johannesburg, Boxmore manufactures PET pre-forms, PET bottles and closures for the customers ...
Tags: Plastic packaging, packaging
Campbell Soup has agreed to acquire organic food manufacturer Pacific Foods of Oregon for $700m in an all cash deal to expand its footprint in the rapidly growing health and well-being categories. Based in Tualatin, Oregon, Pacific Foods ...
Tags: Campbell Soup, organic food
Australian horticultural company Costa Group has agreed to acquire Lankester Avocado's orchards and packing operations in Queensland for an undisclosed price. The avocado business owned by the Lankester family cultivates the fruit in a ...
Tags: Costa Group, packing