acquisition
Bosch Packaging Technology gains new identity as Syntegon Technology under new owners CVC
The new identity for Bosch Packaging Technology has been confirmed as Syntegon Technology, under the ownership of investment firm CVC Capital Partners, which has formally completed the acquisition of the business.
Business news, Cocoa & chocolate, Packaging, Processing, Regulatory
RPM acquires Profile Food Ingredients
RPM International has announced that its Mantrose-Haeuser business has acquired Profile Food Ingredients, a manufacturer of dry stabiliser and emulsifier blends for the food industry.
Olam International secures multi-million deal for California Almond business Hughson Nut Inc
A major investment from global food and agri-business Olam International has been made with the complete acquisition of Californian almond processor and ingredient manufacturer Hughson Nut Inc (HNI) and associated real estate assets from APB Partners, for a sum of US$54 million.
Business news, Cocoa & chocolate, Ingredients, New products, Sustainability
Mars completes acquisition of foodspring nutrition group
Mars, Incorporated has confirmed the completion of acquiring a significant majority stake in the foodspring.
AAK acquires major stake in Soya International
Oil and fats processor AAK has acquired a majority stake in UK-based Soya International, making it one of the world’s leading suppliers of speciality lecithin.
Hershey confirms acquisition of One Brands protein bar snacks business
US-based confectionery business Hershey has expanded its snack portfolio of businesses with a $397 million agreement to acquire One Brands, a manufacturer of low-sugar, high-protein nutrition bars.
Multivac packaging to complete takeover of Fritsch bakery group
The global Multivac packaging group is set to complete the acquisition of the German-based Fritsch bakery business.
Bosch confirms sale of its packaging division to CVC Capital Partners
Proposals from Bosch planning to sell its Waiblingen-based packaging machinery business in Germany to a newly incorporated company managed by CVC Capital Partners (CVC) are being progressed this autumn.
Mondelēz International acquires Perfect Snacks nutrition bars
The Mondelēz International group has confirmed an agreement to acquire a majority interest in the US-based Perfect Snacks nutrition bar range.
Business news, Cocoa & chocolate, Ingredients, New products, Sustainability
Orkla’s ingredients group expands with Swedish acquisition
Scandinavian business Orkla Food Ingredients has acquired Swedish sales and distribution company, Risberg Import, which specialises in product ranges including flavourings and spices.
Olam International sets $361 million deal for Nigeria’s Dangote Flour Mills
Global food and agri-business Olam International is set to acquire complete ownership of Dangote Flour Mills (DFM), a flour and pasta manufacturer in Nigeria, for US$ 361 million, amid growing demand for bakery and snack foods in the country.
Business news, Ingredients, New products, Processing, Sustainability
Ferrero confirms $1.3 billion deal for Kellog Company’s cookie and snacks business
The Italian-headquartered Ferrero Group has agreed to acquire the cookie, fruit and fruit-flavoured snack, ice cream cone and pie crust businesses of the Kellogg Company for $1.3 billion (€1.16 billion).
Orkla moves to buy Swedish bakery ingredients business
Orkla Food Ingredients has moved to purchase Zeelandia Sweden AB, a supplier of margarine, vegetable oils and bakery ingredients to the Swedish market.
Orkla makes move for Greek confectionery ingredients business
The Scandinavian-based Orkla group has agreed to purchase a majority stake of shares in Greek confectionery, bakery and ice-cream business Stelios Kanakis Industrial and Commercial.