UK’s competition regulator said on Tuesday it has provisionally cleared British food maker Boparan Holdings’ proposed deal to buy Dutch agricultural feed company ForFarmers’ Burston and Radstock feed...
ABD acquires Pumori gin and Woodburns whiskey; strengthens premium spirits portfolio
Allied Blenders and Distillers said it has acquired all brands and other Intellectual Property rights from Fullarton Distilleries Private, the maker of Pumori gin and Woodburns whiskey for nearly Rs40 crore. ABD...
Hatsun Agro Product acquires Milk Mantra to expand presence in eastern India
Dairy firm Hatsun Agro Product (HAP) on Tuesday said it has completed the acquisition of Milk Mantra Dairy and its brand ‘Milky Moo’, strengthening its foothold in eastern India’s dairy market. The...
Board of L T Foods approves acquisition of further 4% stake in Raghunath Agro Industries
At meeting held on 27 January 2025 The Board of L T Foods at its meeting held on 27 January 2025 has approved the acquisition of 4% Stake in Raghunath Agro Industries, subsidiary company from DAWAAT Foods, a wholly...
Brazil’s JBS buys stake in Mantiqueira to enter egg sector
Brazilian meatpacker JBS has agreed to buy a stake in Mantiqueira Alimentos, it said on Monday, marking the food giant’s entry into the egg sector in a deal that valued Mantiqueira at 1.9 billion reais ($321...
Diageo says it has no intention to sell Guinness or stake in Moet Hennessy
Diageo does not intend to sell its beer brand Guinness or its stake in Moet Hennessy, LVMH’s drinks unit, the world’s top spirits makers said on Sunday. On Friday, Bloomberg News reported that the company...
Diageo exploring potential spin-off or sale of Guinness, Bloomberg News reports
Diageo, the world’s top spirits maker, is exploring a potential spin-off or sale of beer brand Guinness and is reviewing its stake in LVMH’s drinks unit, Moet Hennessy, Bloomberg News reported on Friday...
Hatsun Agro Product to acquire 100% stake in Milk Mantra Dairy for expanding presence in Eastern India
Hatsun Agro Product (HAP) said that its board has approved the acquisition of 100% stake in Milk Mantra Dairy for a total cash consideration of Rs 233 crore. In this regard, HAP has entered into share purchase...
LT Foods acquires 17.5% stake in Nature Bio-Foods
LT Foods said that it has acquired 17.5% stake in its subsidiary, Nature Bio-Foods (NBFL) from India Agri Business Fund II for total consideration of Rs 110 crore. NBFL is a public company. Its main object inter-alia is...
Varun Beverages shares jump nearly 2% on acquiring 40% stake in Lunarmech
Shares of PepsiCo’s bottling partner Varun Beverages jumped 1.7% to their intraday high of Rs 657 on the BSE after the company announced that it has completed the acquisition of a 39.93% stake in Lunarmech. This makes...
UK competition watchdog clears Carlsberg’s $4.23 bln acquisition of Britvic
Britain’s competition regulator cleared Carlsberg’s deal with soft drinks maker Britvic on Tuesday, saying it would not refer the $4.23 billion transaction for an in-depth probe. Carlsberg struck a deal to...
Lite Bite Foods in talks to sell minor stake to strategic investors
Lite Bite Foods, which runs restaurant chains Punjab Grill, Street Foods, YouMee and Asia 7, has initiated talks with private equity firms and strategic investors to sell a minority stake in the company, executives with...
