NRI Rajiv Jain-led GQG Partners, which has in recent times poured in billions of dollars in Adani Group firms after the Hindenburg report, has now invested around Rs. 2,400 crore in Ramdev-led fast-moving consumer goods...
Bain Capital in talks to buy Indian ice cream maker Vadilal – CNBC-TV18
U.S. private investment firm Bain Capital is in talks to buy Indian ice cream maker Vadilal and also considering taking control of Vadilal Industries and Vadilal Enterprises, which make and market the ice cream, CNBC...
Mars to buy healthy food maker Kevin’s Natural Foods
Family-owned food giant Mars Inc on Wednesday agreed to buy Kevin’s Natural Foods, which is known for its sous-vide meals, sauces, and side dishes, the companies said. The deal values private equity-backed...
Royal Unibrew to buy Heineken’s Vrumona
Danish brewer and beverage group Royal Unibrew has agreed to buy soft drinks maker Vrumona from Heineken for 300 million euros ($327 million), it said. Royal Unibrew said in a statement it expected to close the deal in...
CCL acquires six coffee brands from Lofbergs Group
India’s largest instant coffee manufacturer CCL Products (India) Ltd said it has acquired six coffee brands, including Percol, from Sweden-based coffee roasters Lofbergs Group. In a deal estimated to be around...
Bunge finalizing $30 billion-plus merger with Viterra – sources
U.S. grains merchant Bunge Ltd is putting the final touches on a deal to merge with Glencore Plc -backed peer Viterra and create an agricultural trading giant worth more than $30 billion, including debt, people familiar...
DS Group acquires chocolate brand LuvIt, to expand confectionary business
Dharampal Satyapal Group (DS Group) confirmed the acquisition of The Good Stuff, owner of chocolate and confectionary brand LuvIt. According to media reports, with this acquisition, the DS Group aims to expand its...
NCLAT set aside insolvency proceedings against McLeod Russel
The National Company Law Appellate Tribunal (NCLAT) has set aside the insolvency proceedings against leading bulk tea producer McLeod Russel following a settlement between the promoter and IL&FS Infrastructure Debt...
Pet food manufacturer Alphia explores sale – sources
Alphia is exploring options including a sale that could value the private equity-owned pet food manufacturer at over $1 billion, according to people familiar with the matter. Alphia, which is owned by J.H. Whitney &...
French group Avril in talks to buy Axereal animal feed business
French oilseed and protein group Avril said it was in exclusive talks with grain cooperative Axereal to buy all of its animal nutrition activities, which it then plans to combine with its animal feed unit Sanders. It...
Pluckk acquires Indian food-tech startup KOOK to enter DIY meal Kit market
Pluckk, a digital fresh food brand in the Fruits and Vegetables (F&V) space, has acquired the entire stake in KOOK for $1.3 million to be paid in cash and equity. Kook is an Indian food-tech startup that specializes...
Reliance Consumer ties up with Ceylon Beverage to co-pack and manufacture Campa cans
Reliance Consumer Products (RCPL) has entered into a strategic partnership with Ceylon Beverage International, one of the largest beverage can and filling companies in Sri Lanka promoted by former cricketer Muthiah...
