Danone’s new chief executive said on Tuesday the French food group has no plans to sell any of its three businesses after its shares rose last week on a report of merger interest from dairy group Lactalis. CEO...
Rebel Foods acquires majority stake in luxury chocolate brand Smoor
Rebel Foods, which operates a network of cloud kitchens and digital brands, has acquired a majority stake in luxury chocolate brand Smoor, in its run-up to become a brand aggregator in the food and beverage (F&B)...
Pune-based AgroStar fully acquires INI Farms
AgroStar, which owns a large digital farmer networks and Agri-inputs platform has acquired Mumbai-based INI Farms Pvt Ltd, one of the leading exporters of fruit and vegetable crops like bananas and pomegranates from...
TCPL, Tata Coffee rally up to 13% after merger announcement
Shares of Tata Coffee zoomed as much as 13 per cent in early trade on Wednesday after the announcement of its merger with Tata Consumer Products (TCPL). Tata Consumer Products, the FMCG bluechip company, announced the...
Tata Consumer Products to merge Tata Coffee business with itself
Tata Consumer Products (TCPL) on Tuesday announced the merger of all businesses of Tata Coffee with itself as part of a reorganisation plan in line with its strategic priority of unlocking synergies and efficiencies...
France’s Ynsect expands in U.S. pet food market with Jord buy
French provider of edible insects for animal and human feed Ynsect said on Tuesday it had purchased U.S. mealworm producer Jord Producers, expanding its footprint in the booming U.S. pet food market. Ynsect breeds...
Tata Consumer Products to continue focus on acquisitions
Tata Consumer Products has said it will continue to look at acquisitions to become a large player in the packaged foods business. The company recently acquired Kottaram Agro Foods, which houses the brand Soulfull, and...
Adani Wilmar plans acquisition of brands and processing units in mass rice segment
Country’s largest commodity company Adani Wilmar is betting big on staples and scouting for acquisition of regional rice brands and processing units in several states of the country, a top company official said...
MDH denies any move to sell business to HUL
Leading spice maker MDH Ltd has refuted the reports of a possible sale of its business to FMCG maker HUL. The reports suggested that MDH promoters are in talks to sell their business to HUL. Terming such reports as...
JFL to acquire Golden Harvest’s remaining 10% stake in Jubilant Golden Harvest JV
Jubilant Food Works on Tuesday said it will acquire the remaining 10 per cent share in its joint venture Jubilant Golden Harvest from Golden Harvest. After this, Jubilant Food Works (JFL) would have Golden...
HUL in discussion to buy MDH
Hindustan Unilever Ltd is in talks with Mahashian Di Hatti Pvt. Ltd (MDH) to buy a majority stake in the maker of MDH Spices, two people familiar with the development said. MDH could be valued between ₹10,000 crore and...
Dodla Dairy to acquire Sri Krishna Milks for Rs 50 crore
Shares of Dodla Dairy surged 19 per cent to Rs 548 on the BSE in Monday’s intra-day trade after the company announced the acquisition of dairy products company Sri Krishna Milks Private Limited (SKMPL) for a cash...
