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Biscuits Bouvard Acquires Belgian Pastry Maker Pidy
Jul 19, 2016French-based private label biscuit maker Biscuits Bouvard has acquired Belgian pastry manufacturer Pidy for undisclosed sum. Pidy, which specializes in manufacturing ready-to-fill sweet and savoury products, has production facilities in ...
Tags: label biscuit, biscuit
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Danone to Buy Whitewave Foods for $12.5bn in All-Cash Deal
Jul 12, 2016French dairy giant Danone has entered into an agreement to acquire WhiteWave Foods in an all-cash deal worth $12.5bn. The acquisition is expected to double the size of Danone's business in the US, while helping the company to move towards ...
Tags: WhiteWave Foods, Danone, beverage categories
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Pershing Square Sells 20 Million Shares In Mondelez
Mar 18, 2016Pershing Square, a hedge fund run by investor Bill Ackman, has sold 20 million shares of US-based confectionery giant Mondelez International. Following the sale, the investor now owns only a 5.6% of the confectionery company. In a ...
Tags: Pershing Square, Bill Ackman, Mondelez
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Mondelez Kicks off Producing Oreo Biscuits in Africa
Apr 2, 2015Confectionery, food and beverage conglomerate Mondelez has commenced production and sale of Oreo in Morocco, following an $11m investment towards its local subsidiary in Casablanca. With the investment, Mondelez aims to create the largest ...
Tags: Mondelez, Oreo production, Food
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Britannia Is Set to Increase Exports and Eyes Joint Ventures
Feb 26, 2015India’s biscuit maker Britannia Industries is set to increase exports and eyes joint ventures, acquisitions as part of its strategy to enhance its manufacturing capacities in the Middle East. Britannia managing director Varun Berry ...
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Kellogg Completed The Acquisition of Stake in Egyptian Cake and Biscuit Maker Bisco Misr
Jan 19, 2015American cereal producer Kellogg has completed the acquisition of a majority stake in Egyptian cake and biscuit maker Bisco Misr, in a previously announced deal worth $125m. Kellogg has agreed to pay £89.86 per share for 85.93% ...
Tags: Egyptian cake, biscuit maker, Agriculture
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Kellogg Became The Only Suitor for The Biscuit Company
Jan 13, 2015Egyptian cake and biscuit maker Bisco Misr's shareholders controlling 86% of shares have agreed to divest their shares to US-based food manufacturing company Kellogg, in a $125m deal. The Reuters reported that bidding for the biscuit ...
Tags: biscuits, wafers, corn flakes, Agriculture
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Abraaj' Deciding to Pull out of The Bidding Process
Jan 5, 2015Private equity investing firm Abraaj Group has decided to withdraw from the bidding process for the acquisition of Egypt's BiscoMisr. The company had offered $12.14 per share to purchase up to 100% of the share capital of Egyptian cake ...
Tags: Egyptian cake, biscuit maker, Agriculture
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Kellogg's Has Once Again Raised Its Offer to Acquire Bisco Misr
Dec 29, 2014US-based food manufacturing company Kellogg's has once again raised its offer to acquire Egyptian cake and biscuit maker Bisco Misr to £89.86 per share, in an increasing $144m takeover battle. Kellogg's new offer overtakes Abraaj ...
Tags: Egyptian cake, biscuit maker, Agriculture
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Kellogg's Has Raised Its Offer to Acquire Bisco Misr to 82.2 Per Share
Dec 2, 2014US-based food manufacturing company Kellogg's has raised its offer to acquire Egyptian cake and biscuit maker Bisco Misr to £82.2 per share. Kellogg's new offer overtakes Abraaj Investment Management's latest offer of ...
Tags: Egyptian cake, biscuit, Agriculture
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Abraaj Investment Management Raises Its Offer to Acquire Bisco Misr to $129.6m
Nov 28, 2014Abraaj Investment Management has raised its offer to acquire Egyptian cake and biscuit maker Bisco Misr to $129.6m. The move comes after breakfast cereal maker Kellogg's offered $127.06m for the biscuit producer, Reuters reported. ...
Tags: cake, biscuit, Agriculture
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Yildiz Acquire United Biscuits to Expand Into New Markets
Nov 19, 2014Turkey’s Yildiz Holding has signed a deal to acquire UK-based cookie firm United Biscuits, the maker of Jaffa Cakes and Jacob Crackers, as part of its strategy to expand into new markets. Once the deal is closed, the Turkish firm ...
Tags: United Biscuits, Turkish firm, Agriculture
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Nestle Has Sold Its Australian Ice Cream Business Peters to Private-Equity Firm
Dec 13, 2012Nestle has sold its Australian ice cream business Peters to private-equity firm Pacific Equity Partners for an undisclosed sum. The sale, which includes Nestle's Mulgrave factory, will also comprise sub-brands such as Original, Light & ...
Tags: Nestle, ice cream, Pacific Equity Partners, PEP, undisclosed sum
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Silk Invest Buys a "Significant Minority Stake" in Ethiopian Biscuit Maker NAS Foods
Dec 11, 2012UK-based investment vehicle Silk Invest has purchased a "significant minority stake" in Ethiopian biscuit maker NAS Foods. The move once again highlights the growing opportunity presented by the rapidly expanding markets in Africa. ...
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Nestle Has Sold Its Australian Ice Cream Business Peters to Private-Equity Firm
Jun 30, 2012Nestle has sold its Australian ice cream business Peters to private-equity firm Pacific Equity Partners for an undisclosed sum. The sale, which includes Nestle's Mulgrave factory, will also comprise sub-brands such as Original, Light & ...
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