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May 2016

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M&As this week: Premier Foods, Vietnam Dairy Products Joint Stock Company, Ruchi Soya Industries, Surlat 27 May 2016 UK-based Premier Foods has acquired the remaining shares of Knighton Foods for a nominal sum, making it a wholly owned...

Deals this week: Lantmannen Unibake, Fit Meal Solutions (Eatonomist), Heritage Foods 27 May 2016 Denmark-based Lantmannen Unibake has entered an agreement with Raiffeisen Group, a leading banking group, to buy the retail and bakery business of GoodMills...

Report: Fast-growing middle class to spur Chile’s fish and seafood market 27 May 2016 The fish and seafood market in Chile is projected to increase at a compound annual growth rate (CAGR) of 5.5% backed by the growing middle class, according to a report by...

Kellogg’s Special K Biscuit Moments Cioccolato recalled in UK 27 May 2016 UK-based discount supermarket chain Heron Foods has recalled Kellogg's Special K Biscuit Moments Cioccolato packs sold in its outlets over concerns that potential allergens are not...

Canada Bread Company to close facility in North Bay, Ontario, in August 27 May 2016 Canada Bread Company has announced plans to cease production at its facility in North Bay, Ontario, in...

Gay Lea Foods acquires Black River Cheese Company 26 May 2016 Gay Lea Foods has signed an agreement to acquire Black River Cheese, which will boost its presence in Canada's cheese market....

Cargill and Jollibee Foods to build poultry processing plant in Philippines 26 May 2016 Cargill Philippines has signed an agreement with Jollibee Foods Corporation (JFC) to form a joint venture to build and operate a poultry processing plant in Santo Tomas, Batangas, the...

Adani Wilmar to form joint venture with Ruchi Soya in India 26 May 2016 India-based Adani Wilmar has announced plans to create a joint venture with Ruchi Soya to cater to the growing domestic demand for food....

Givaudan to acquire Spicetec Flavors & Seasonings from ConAgra for $340m 25 May 2016 Givaudan has agreed to purchase Spicetec Flavors & Seasonings from ConAgra Foods for...

South Korean convenience chain WithMe launches ice cream bar to cure hangovers 25 May 2016 South Korea-based convenience chain WithMe has launched the Gyeondyo-bar ice-cream, which claims to cure hangovers....

TreeHouse Foods to close two plants in US 25 May 2016 TreeHouse Foods plans to close two manufacturing plants in Azusa, California, and Ripon, Wisconsin, in the US....

DSM launches Delvo Fresh range of quark cultures 24 May 2016 DSM has introduced its DelvoFresh range of cultures for smoother and creamier quark with a mild flavour....

Bayer proposes $62bn offer to acquire Monsanto 24 May 2016 German firm Bayer has proposed a $62bn offer to acquire Monsanto, which has raised concerns of investors that the firm is stretching its finances to become the world's largest seed...

Kraft Heinz to invest $100m in New Ulm facility in Minnesota 24 May 2016 Kraft Heinz has plans to invest more than $100m in its production facility in New Ulm, Minnesota,...

Diana Food acquires Nutra Canada 23 May 2016 Diana Food has acquired Nutra Canada, a specialist manufacturer of fruit and vegetable...

FDA overhauls nutrition facts panel on packaging 23 May 2016 The US Food and Drug Administration (FDA) has undertaken a major overhaul of the nutrition facts panel on packaging, which is the first such update in 20 years....

Kite Hill raises $18m from 301 and CAVU Venture Partners 23 May 2016 US-based Kite Hill has closed an $18m fundraising round with its lead investment coming from General Mills venture capital unit 301 Inc. and private equity firm CAVU Venture...

US Foods agrees to acquire Freshway Foods 20 May 2016 US Foods has agreed to purchase Freshway Foods, a fresh fruit processor serving customers across the eastern part of the...

Deals this week: Research Enhanced Design + Development (R.e.d.d), Pieminister, Aramark Corporation 20 May 2016 Research Enhanced Design + Development (R.e.d.d) has secured a $1m investment to fund its product innovation and expansion...

Denali Ingredients to expand Wisconsin facility 20 May 2016 US-based Denali Ingredients has announced plans to expand its facility in New Berlin,...

Bayer holds talks to buy Monsanto 20 May 2016 German firm Bayer is holding negotiations to acquire US-based Monsanto, a move that is likely to come under stringent regulatory...


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