Singapore based global agri-business company Olam International has acquired 100% stake in coffee specialist Schluter for $7.5m. A combination of internal accruals and existing debt facilities will be used by Olam to finance the ...
Tags: Olam International, Coffee
Carla's Pasta is to launch new line of frozen, ready-to-eat pastas and pestos at all 64 Big Y locations starting this month. Carla's Pasta business development vice president Sandro Squatrito said: "We could not be happier or more proud ...
Tags: Carla, Pasta, Cheese Sacchettini
Swiss food major Nestle is reportedly engaged in advanced level talks to sell its frozen food unit Davigel to Brakes Group, which is owned by Massachusetts based buyout fund Bain Capital. A person familiar with the situation told ...
Tags: Nestle, Brakes Group
Spanish food processor Ebro Foods has entered into an agreement to sell its pasta business in Germany to Newlat Group. Ebro operates its pasta business under Birkel and 3Glocken brands in Germany. The deal, which is expected to close by ...
Tags: Ebro Foods, Pasta Business
Canada Bread, a manufacturer and distributor of fresh bakery products, is set to divest its fresh pasta and sauce business Olivieri Foods to Spanish firm Ebro Foods for $120m. Olivieri Foods manufactures flat and filled fresh pasta ...
Tags: Canada Bread, Olivieri Foods