Focus:
Mexican dairy company Grupo Lala has completed negotiations to acquire Brazilian dairy company Vigor Alimentos (Vigor), including its stake in Itambé Alimentos.
Dutch ingredient firm Corbion has signed a stock and asset purchase agreement to bid for TerraVia Holdings (TerraVia), a US-based food and speciality ingredients company.
Swiss dairy firm Emmi has sold its 24% stake in Italian fresh cheese company Venchiaredo.
German company Müller has introduced a new initiative to support UK dairy farmers build businesses for the future.
Healthcare firm Otsuka Pharmaceutical has signed a definitive agreement to purchase a 100% stake in Canadian plant-based foods manufacturer Daiya Foods for C$405m ($324m).
Italy-based brand Carapelli has launched two new blends of extra virgin olive oil.
Montana Specialty Mills has broken ground on its new $20m processing centre at AgriTech Park in Great Falls, Montana, US.
US-based Schwan’s Company has acquired Better Baked Foods and Drayton Foods from NE Foods for an undisclosed amount.
Global chocolate manufacturer Barry Callebaut has signed an agreement to acquire D’Orsogna Dolciaria to enhance its specialities and decorations business in Europe.
New Zealand-based dairy cooperative Fonterra plans to build two new cream cheese plants at its Darfield site in Canterbury with an investment of NZ$150m ($116m).
