acquisition
Nestlé unveils $5.75 billion deal for Bountiful Company’s core brands, including Nature’s Bounty
The Swiss-based Nestlé group has moved to secure a $5.75 billion deal for the core brands of the Bountiful Company, a key player in global nutrition and supplements market, including functional gummy ranges, reports Neill Barston.
Business news, Ingredients, New products, Regulatory, Sustainability
Olam Food Ingredients acquires US seasoning business Olde Thompson
The global Olam Food Ingredients (“OFI”) business has confirmed acquisition of US private label spices and seasonings manufacturer Olde Thompson at an enterprise value of $950 million, reports Neill Barston.
Chr. Hansen announces acquisition of SECNA Natural Ingredients Group S.L
Chr. Hansen’s acquisition significantly strengthens its position as a global leader in natural colours by giving the company access to SECNA Groups’ strong pigment portfolio.
Tony’s Chocolonely expands with Netherlands acquisition of Althaea-De Laet Int factory
Premium chocolate brand Tony’s Chocolonely has expanded its operations after acquiring Althaea NV and De Laet International NV, forming the chocolate factory Althaea-De Laet Int, reports Neill Barston.
Business news, Cocoa & chocolate, New products, Processing, Regulatory, Sustainability
Schur Flexibles acquires Sidac Italian confectionery packaging business
Schur Flexibles packaging has expanded into the Italian market in acquiring Sidac SpA, delivering an additional centre of excellence for the group, writes Neill Barston.
Ferrero unveils debut for Rocher and Raffaello ice cream ranges
The Ferrero confectionery group has unveiled its first-ever Ferrero Rocher, Ferrero Rocher Dark and Raffaello ice cream sticks, as it builds its presence in the segment, writes Neill Barston.
Business news, Cocoa & chocolate, Ingredients, New products, Processing
Mondelēz International acquires Grenade protein bar business
Mondelēz International is set to complete a deal for a majority interest in Grenade, a British-based performance nutrition firm within the fast-rising high protein bar segment, writes Neill Barston.
Business news, Cocoa & chocolate, Ingredients, New products, Packaging, Processing, Sustainability
Mondelēz expands Australian presence with Gourmet Food Holdings acquisition
Mondelēz International has confirmed it is to acquire Australian food company Gourmet Food Holdings Pty, specialising in the premium biscuit and cracker market, writes Neill Barston.
Business news, Cocoa & chocolate, New products, Processing, Sustainability
Biscuit International confirms acquisition of Dan Cake Portugal
Private label specialist Biscuit International, has confirmed a deal to acquire biscuit producer Dan Cake Portugal to build on its existing portfolio of brands across Europe.
Hotplate manufacturer Sugden creates mini system for bakeries
UK-based Sugden Ltd, an established designer and manufacture of hotplate systems, has launched a mini system assisting bakery businesses craft new ranges on a single piece of equipment with a small footprint, reports Neill Barston.
Valeo Foods expands portfolio with Germany’s Lübecker marzipan brand
The Valeo Foods Group has completed its acquisition of German-based Schluckwerder Holding confectionery business, owned by private equity firm Novum Captial, reports Neill Barston
Business news, Cocoa & chocolate, Ingredients, Packaging, Processing, Regulatory
Mondelez deal for US snacks business Hu Master Holdings reveals major market focus
US snacks giant Mondelez has added another healthier product business to its portfolio in the form of Hu Master Holdings. In our latest guest blog, Dean Best of GlobalData, believes the business is right to react to evolving consumer trends through M&A.
Business news, Cocoa & chocolate, Ingredients, New products, Sustainability
Baker Perkins to enhance machinery ranges with industry 4.0 systems
Equipment and systems group Baker Perkins has moved to enhance its machinery ranges through ensuring its latest ranges are Industry 4.0 ready according to the UK-based business, writes Neill Barston.
Business news, Cocoa & chocolate, Packaging, Processing, Sustainability
Mecatherm parent company TMG gains majority stake in Canada’s ABI bakery equipment
TMG, parent company of bakery equipment business Mecatherm has acquired a majority stake in ABI Auto-Bake Industries (ABI), an established Canadian designer, manufacturer and integrator of industrial baking equipment, reports Neill Barston.
Business news, Cocoa & chocolate, Packaging, Processing, Regulatory