BRF to invest circa $160m in Saudi Arabia meat plant
Brazilian meat company BRF plans to invest around $160m in a new factory in Jeddah, Saudi Arabia. In a statement, BRF …
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Danone to drop Provamel in Germany
Danone is to stop selling its organic alt-milk brand Provamel in Germany. The French group is pulling the brand from shelves …
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Davis Polk & Wardwell, Kirkland & Ellis lead law-firm M&A charts – data
Davis Polk & Wardwell and Kirkland & Ellis were the top M&A legal advisers in the consumer sector in the …
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Itochu sells C.P. Pokphand stake to Charoen Pokphand Group
Thailand’s food giant Charoen Pokphand Group is to buy the remaining shares in C.P. Pokphand to become the sole owner …
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Lantmännen increases stake in SimSuFoodS
Swedish agri-food group Lantmännen has increased its stake in local company SimSuFoodS to a majority shareholding. SimSuFoodS, founded in 2019, specialises …
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ITC seals deal to buy organic packaged foods brand 24 Mantra owner
Indian conglomerate ITC has struck a deal to acquire Sresta Natural Bioproducts, the owner of the 24 Mantra Organic brand, …
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Science in Sport directors back B-D Capital takeover bid
Science in Sport directors have thrown their weight behind a takeover bid for the UK sports-nutrition group from private-equity firm …
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Lactalis’ revenue rises above €30bn but profits hit by French tax agreement
Lactalis exceeded €30bn ($34.1bn) in revenues last year for the first time but the pace of growth slowed in an …
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Woolworths’ takeover of Beak & Johnston approved in New Zealand
Australia’s largest food retailer Woolworths has been granted clearance to take full control of Beak & Johnston. New Zealand's Commerce Commission …
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Pet-food major Mars backs Happy Howl
US direct-to-consumer dog-food brand Happy Howl has received investment from Mars to support its “next phase of growth and product …
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Olidor Group snaps up UK baked treats firm Four Anjels
Food investment company Olidor Group has acquired a majority stake in baked treats supplier Four Anjels. Financial terms of the transaction …
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Takeover approach for sports-nutrition group Science in Sport
UK sports-nutrition group Science in Sport has expressed its interest in a tentative takeover approach from private-equity firm BD-Capital. In a …
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“We’re not the enemy of dairy” – PlanetDairy CEO Jakob Skovgaard churns the fat on hybrid cheeses in emissions reduction goal
PlanetDairy in Denmark is embarking on its next development phase with a plan to scale growth in hybrid cheeses by …
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Campbell’s creates chief growth officer role amid change in snacks leadership
The Campbell’s Company has created a chief growth officer role alongside a rejig of leadership for the group’s snacks division. Janda …
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US Asian street-food brand Wow Bao to open first factory
Asian street-food brand Wow Bao will establish its first US company-operated manufacturing facility in Forest City, North Carolina. State Governor Josh Stein …
