Nestlé to invest €60m in Baci Perugina chocolate brand
Nestlé will make a €60m investment in its Italian chocolate brand Baci Perugina over three years.
Focus:
Nestlé will make a €60m investment in its Italian chocolate brand Baci Perugina over three years.
US-based Manitowoc Company has completed the spin-off of foodservice equipment manufacturer Manitowoc Foodservice as a separate public company.
FrieslandCampina is seeking to acquire 51% stake in Pakistan's leading dairy group Engro Foods from its parent Engro Corporation for around $500m.
US-based private equity investor Arbor Investments has acquired South Coast Baking for an undisclosed amount.
The European Competition Commission has given its unconditional approval to meat processing and manufacturing company Bell to purchase poultry firm Huber Group.
Nestle has plans to invest $127.71m over the next few years to expand its business in Egypt.
Kraft Heinz has announced that it would shift to 100% cage-free eggs in all of its North American operations by 2025.
Snyder's-Lance has completed the purchase of Diamond Foods in a cash-and-stock transaction of approximately $1.91bn, which also includes a debt of approximately $640m.
United Natural Foods (UNFI) has signed a definitive agreement to purchase Haddon House Food Products, in addition to several affiliated entities and real estate, for approximately $217.5m.
Foodservice distributor US Foods has agreed to purchase the assets of US-based Cara Donna Provision Company.