Mergers and acquisitions

Danone began its collaboration with Yakult in 2004.

news in brief

Danone to sell stake in Yakult

By Jim Cornall

French-headquartered dairy giant Danone said today that in accordance with its focus on capital allocation discipline and balance sheet strength, the company is selling its 6.61% stake in the Japanese company Yakult Honsha Co. Ltd.

Photo Credit: Oumph!

The LIVEKINDLY co. acquires Swedish plant-based meat brand, Oumph!

By Mary Ellen Shoup

The LIVEKINDLY co., which launched in March with the ambition of becoming one of the largest plant-based food companies, has acquired Swedish plant-based meat brand, Oumph!, known for its soy-based burgers, strips, and pulled meat products.

Image: Getty/Natee Meepian

Solina looks for European expansion with German acquisition

By Oliver Morrison

French supplier Solina has completed the acquisition of German-based Hagesüd, which produces spice blends for the meat processing industry. Solina says the purchase will allow it to expand B2B activity in the German market, and also develop its plant-based...

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