Groupe PSA has acquired controlling stake in Chinese automotive spare parts distributor Jian Xin. With this acquisition, Groupe PSA will be able to accelerate the rollout of its aftermarket offering in China by rapidly establishing its ...
Tags: automotive spare parts, Jian Xin
Turkey-based Polinas Plastik Sanayii ve Ticareti has acquired flexible packaging solutions producer Propak. Polinas, which is owned by Ulker Group, has acquired Propak from Southeast Europe Equity Fund II (SEEF II) for an undisclosed sum. ...
Tags: Polinas, Flexible Packaging
Ardo has acquired a majority stake in VLM Foods, a supplier of processed food in North America. Besides VLM Foods, the deal includes a controlling stake in Compañia Frutera La Paz S.A., Costa Rica’s largest frozen pineapple ...
Eastside Distilling has acquired a controlling stake in Big Bottom Distilling (BBD), a Hillsboro, Oregon-based distiller of super premium gins, whiskeys, brandies, rum, and vodka. BBD was founded by Ted Pappas, a past president of the ...
Tags: Eastside Distilling, whiskeys
China’s insurance regulator on Tuesday announced a ban on insurers acquiring listed firms in concert with non-insurance parties, in a latest move to limit insurance assets invested in equity markets. According to new rules set by ...
Where Food Comes From (WFCF) has acquired a 60% stake in California based SureHarvest for nearly $2.8m in a cash-cum-stock deal. Based in Colorado, WFCF is a North American food verification company whose controlling stake in an agri-food ...
Tags: SureHarvest, cash-cum-stock
Nissan Motor has agreed to divest its 41% stake in Japanese auto parts firm Calsonic Kansei to private equity firm KKR for JPY498.3bn ($4.5bn). This deal is being regarded as one of the largest deals in Japan, particularly in the ...
Tags: Nissan Motor, KKR
US-based cereal maker Kellogg has entered into an agreement to acquire Ritmo Investimentos, a controlling shareholder of Brazilian food group Parati Group. The purchase price of the acquisition is about $429m and it will be an all-cash ...
Tags: Kellogg, emerging markets
Canada-based organic cereal company Nature's Path has acquired 51% stake in US snack-maker Gorilly Goods for undisclosed sum. Based in Jackson, Wisconsin, Gorilly Goods offers a range of savory to sweet organic and non-GMO nuts, fruits, ...
Tags: Nature's Path, Gorilly Goods, acqusition
The Australian Competition and Consumer Commission will not oppose two separate proposals by consortia to acquire the 50-year lease of the Port of Melbourne, following careful consideration of potential cross-ownership interests and ...
Tags: ACCC, Port of Melbourne
Spanish Ebro Foods has acquired a controlling stake in flour producer and retailer Santa Rita Harinas for €4.8m ($5.34m). In a statement to Spain’s National Securities Market Commission (CNMV), Ebro said that it has bought 52% ...
Tags: Ebro Foods, Santa Rita
Chinese fruit exporter Golden Wing Mau Agricultural Produce has acquired 19.99% stake in New Zealand fruit and vegetable group Turners & Growers (T&G) Global. Golden Wing Mau paid NZD2.95 a share to purchase 13.16 million shares from ...
Tags: fruit, Golden Wing Mau
A Dubai-based investment group led by businessman Mohamed Alabbar has agreed to acquire a majority stake in the Kuwait Food Company, which is known as Americana, for nearly $2.4bn. The consortium Adeptio headed by Emaar Properties PJSC ...
Leroy Seafood Group has entered into an agreement with Aker Capital and Aker Capital II to purchase a controlling stake in Havfisk and Norway Seafoods Group for NOK3.2bn ($390m). The acquisition represents 64.4% and 73.6% of the total ...
Tags: Leroy Seafood, Seafoods
Almarai Company has evinced interest in acquiring a controlling stake in UAE-based National Food Products Company (NFPC). NFPC has initiated the competitive sale process for part of its share capital and has informed Almarai to progress ...
Tags: NFPC, National Food Products Company, Almarai, Acqusition