China-based Bright Foods’ listed subsidiary is acquiring 50% stake in New Zealand-based meat cooperative Silver Fern Farms for NZ$311m ($197m) as it seeks to import more of agricultural products from New Zealand. Silver Fern ...
Tags: Bright Foods, sheep and beef, dairy
China-based Bright Food is seeking to list Weetabix Food, which it bought two years ago, in Hong Kong or London. The Wall Street quoted Bright Food vice president Ge Junjie as saying that it plans to list Manassen Foods Australia too ...
New South Wales-based dairy company Bega Cheese Limited (Bega) has announced its intention to sell its 18.8 per cent shareholding in Warrnambool Cheese and Butter (WCB) to Canadian dairy company Saputo. The move makes a Saputo takeover of ...
Tags: interest grows, Sell WCB Shares
January 15, 2014 Sophie Langley Mundella Foods has been acquired by China-based Bright Food Group China’ Bright Food Group Co Ltd (Bright Food) has agreed to buy Western Australian dairy company Mundella Foods, expanding the ...
Tags: Bright Future, Mundella Food, Wa Cheese, international interest
GlaxoSmithKline’s sale of Lucozade and Ribena for £1.35bn earlier this month was the latest in a long line of iconic British brand sales topped by Cadbury. GlaxoSmithKline's sale of its drinks brands was the latest in a long ...
Tags: Timeline Tracks, Food Brands
There were, despite continued economic uncertainty in many Western markets and concerns over slowing growth in the East, signs that M&A activity rebounded in the food sector this year. Data for the whole of 2012 has not yet been published ...
Tags: European M&A advisors, food sector, Food
German snack company Intersnack is finalizing an agreement to acquire UK-based United Biscuits' snacks business, KP Snacks, for more than £400m. Intersnack and KP Snacks are likely to announce the agreement this week, reported ...
Tags: snack, acquire, Intersnack, KP Snacks, food, potato chips
UK-based United Biscuits has completed the separation of snacks division from the rest of the operations, as a part of its plan to sell the company in parts. To lead the snacks division, United Biscuits has appointed the current president ...
Tags: snacks division, biscuits and cakes, domestic and international markets