Deals this week: Harley Food Products, Jumia Group, Luvo
Harley Food Products will raise Rs3bn ($44.44m) from private equity firms to expand its business to new markets.
Focus:
Harley Food Products will raise Rs3bn ($44.44m) from private equity firms to expand its business to new markets.
South African packaged food company Pioneer Foods has agreed to acquire Streamfoods, a UK-based fruit snacks producer.
Canadian manufacturer of baked goods Give & Go Prepared Foods has completed its sale to affiliates of private equity firm Thomas H. Lee (THL) Partners.
Hearthside Food Solutions has acquired Oak State Products, a privately held contract manufacturer of cookies, bars and other baked foods located in Wenona, Illinois.
Italian confectioner Ferrero has made a bid to purchase Belgian biscuit manufacturer Delacre.
GNT Group has begun construction of a new laboratory facility at its headquarters in Mierlo, the Netherlands, as it aims to achieve a leading position in the Colouring Foods segment.
Refrigerated and frozen natural soup producer Kettle Cuisine has acquired Del Monaco Foods, a California-based custom food manufacturing company.
Australian dairy foods company Murray Goulburn (MG) has lost its contract with grocer Woolworths for the supply of cheese, UHT milk, adult milk powder and cream.
Bel Group has agreed to undertake exclusive negotiations with LBO France to acquire compote and dessert manufacturer MOM Group.
Italian chocolate manufacturer Ferrero plans to invest C$36m ($27.5m) at its plant in Brantford, Ontario, Canada.