Bragg Live Food Products, which is backed by celebrities Katy Perry and Orlando Bloom, is exploring a sale that could value the maker of apple cider vinegar at more than $500 million, including debt, according to people...
Snack maker Haldiram’s said to weigh IPO as sale talks stall
The owners of Haldiram Snacks Pvt Ltd. are exploring a possible initial public offering for the food producer and restaurant operator as plans to sell it to foreign investors have stalled, people familiar with the...
NCLT initiates insolvency against Himalayan Mineral Water
The National Company Law Tribunal (NCLT) has directed initiating insolvency proceedings against Himalayan Mineral Waters, allowing Jammu & Kashmir Bank’s plea for default of a corporate guarantee given for...
Kraft Heinz exploring sale of Oscar Mayer business, WSJ reports
Kraft Heinz is exploring a sale of its Oscar Mayer meats business that could fetch anything between $3 billion to $5 billion, the Wall Street Journal reported on Monday, citing people familiar with the matter. The Oscar...
Patanjali Foods to evaluate proposal to buy Patanjali Ayurved’s non-food business
Patanjali Foods Ltd, which is mainly into edible oils, on Friday said it will evaluate a proposal to acquire the non-food business of promoter group Patanjali Ayurved, led by Baba Ramdev. In a regulatory filing...
General Mills explores sale of $2 billion-plus yogurt business in North America, sources say
General Mills, the maker of Cocoa Puffs and Cheerios breakfast cereals, is exploring a sale of its North America yogurt business including its popular Yoplait brand in a deal that could be worth more than $2 billion...
Varun Beverages completes acquisition of South African bottler BevCo
Varun Beverages Ltd, PepsiCo’s largest franchise bottler, on Wednesday said it has completed the acquisition of South Africa-based Beverage Company (BevCo) along with its wholly-owned subsidiaries. The acquisition...
Food company Annapurna Swadisht acquires ‘Arati’ edible oil brand for Rs 28 cr
Packaged food company Annapurna Swadisht Ltd on Wednesday announced that it has acquired the six-decade-old ‘Arati’ brand mustard oil from R R Proteins and Agro Ltd (RRPAL) for a consideration of Rs 28 crore...
Advent, CVC make joint bid for European pet food business owned by Cinven, FT reports
Private equity groups Advent International and CVC Capital have teamed up to bid for Partner in Pet Food (PPF), a maker of animal food owned by Cinven, the Financial Times reported on Sunday. The talks are ongoing...
Kedaara acquires Ice cream maker Dairy Day
Homegrown PE fund Kedaara Capital has acquired a majority stake in Dairy Classic Ice Creams (Dairy Day), a leading ice cream brand in South India. The Rs 1200-crore ($150-million) investment will also provide full exit...
Samara Capital eyeing 50% in Del Monte Foods as well as a minority stake in Godrej Tyson Foods
PE firm Samara Capital is in talks to acquire 50% in pasta and sauces maker Del Monte Foods from Bharti Enterprises as well as a minority stake in Yummiez frozen foods maker Godrej Tyson Foods, executives aware of the...
Campbell Soup completes $2.33 bln Sovos deal after delays
Campbell Soup has completed the acquisition of Rao’s Homemade-owner Sovos Brands, the U.S. packaged food maker said on Tuesday, weeks after receiving clearance from the Federal Trade Commission. The closing of the...
