Global Eggs, a company controlled by Brazilian entrepreneur Ricardo Faria, has agreed to buy U.S. egg producer Hillandale Farms for $1.1 billion, Faria told Reuters on Thursday. Global Eggs is based in Luxembourg and...
UK food group Greencore increases bid for rival Bakkavor, Bloomberg News reports
British convenience food manufacturer Greencore has increased its bid for rival Bakkavor Group, Bloomberg News reported on Tuesday, citing sources. Bakkavor, which operates in Britain, China and the United States, has...
Unilever to sell The Vegetarian Butcher brand to Vivera
Unilever said on Thursday it will sell its plant-based meat brand The Vegetarian Butcher to Netherlands-based Vivera.
The London-listed company did not disclose financial terms of the deal.
PepsiCo nears $1.5 billion deal to acquire healthy soda brand Poppi
PepsiCo Inc. is in advanced talks to buy the healthier soda brand Poppi, according to people with knowledge of the matter. The Purchase, New York-based beverage giant could announce the transaction as soon as next week...
Temasek signs agreement to buy 10% in Haldiram Snacks Food
Private equity firm Temasek signed a definitive agreement to buy 10% in Haldiram Snacks Food at a $10-billion valuation on Tuesday night, making this the single-largest deal in the packaged consumer goods space...
Godrej Agrovet shares in focus on acquiring 48% stake in Creamline Dairy for Rs 930 crore
Shares of Godrej Agrovet will be in focus on Wednesday after the company announced that it will acquire the remaining 48.06% stake in Hyderabad-based Creamline Dairy Products (CDPL) for Rs 930 crore. This decision will...
Temasek acquires 10% stake in Haldiram’s snacks business for $1 billion
Singapore’s sovereign investment firm Temasek has secured a deal to acquire nearly a 10 per cent stake in the snacks division of India’s Haldiram’s for approximately $1 billion, according to a report by Reuters on...
Adani Wilmar to acquire GD Foods Manufacturing at Rs 603 crore
The manufacturer of Fortune edible oil, Adani Wilmar Ltd on Tuesday announced it is going to acquire GD Foods Manufacturing (India), which sells the Tops range of sauces and condiments, valuing the New Delhi-based...
ChrysCapital, Theobroma in talks again
ChrysCapital has restarted discussions to acquire pan-India bakery chain Theobroma Foods at a significantly lower price than the original valuation ask of Rs 3,000 crore ($344 million) from the founding family and other...
Coca-Cola sells North Gujarat bottling operations for Rs 2,000 cr
Coca-Cola India has sold its bottling operations in north Gujarat to Kandhari Global Beverages Group, one of its top four independent franchisee bottlers, for close to Rs 2,000 crore, executives directly aware of the...
NCLAT condones delay in plea to initiate insolvency against PepsiCo, to list for hearing
The National Company Law Appellate Tribunal (NCLAT) on Monday condoned the delay over a plea to initiate an insolvency petition filed against food & beverage major PepsiCo India Holdings by one of its operational...
Varun Beverages extends deadline for acquisition of Ghana-based SBC Beverages to March 31
Varun Beverages, PepsiCo’s largest franchise bottler, on Tuesday extended the deadline for completion of the acquisition of Ghana-based SBC Beverages for a month to March 31. On November 13, 2024, Varun Beverages...
