One year after DSM and Firmenich announced plans to combine their food, beverage, and taste businesses, the merger is complete. The new company, dsm-firmenich, launches today.
IRCA – a portfolio company of private equity firm Advent International – has signed a definitive agreement to procure the Sweet Ingredients Portfolio of the Dublin-headquartered global provider of taste and nutrition solutions for the food, beverage and...
The Platinum Equity portfolio company has reached an agreement to acquire Netherlands-based Continental Bakeries from its majority shareholder, Goldman Sachs Asset Management, for an undisclosed amount.
Equity analysts predict a bright future for the mega merger, completed today (1 February), between International Flavors & Fragrances Inc (IFF) and DuPont’s Nutrition & Biosciences (N&B) business. They also expect more tie-ups to come in the...
Trade buyers and private equity funds are flush with funds and eyeing interesting players to invest in, says a bullish Andreas Kulcsar, Executive Director at investment bank DC Advisory.
Spanish food company Importaco is taking a controlling stake in Italian manufacturer Besana in a merger that will create ‘the European leader in nuts, dried fruit and seeds’.
A mega-merger between International Flavors & Fragrances Inc (IFF) and DuPont nutrition & biosciences unit will create a new industry giant worth more than $45 billion (€40.4 billion), say those involved in the deal.
Froneri started as an ice cream-focused joint venture between Nestlé and PAI Partners in 2016, and the relationship will be furthered by the acquisition of Nestlé USA’s collection of ice cream brands.
Biscuit International has taken another step in its aggressive expansion plan with the acquisition of Arluy – the fifth largest producer and distributor of sweet biscuits in Spain.
M&A advisory groups have pointed to a drop in UK deal making in the food and beverage sector this year. Uncertainty around Brexit has complicated the picture but interest in tapping into ‘revolutionary brands’ that meet changing consumer expectations...
DAT-Schaub CEO Jan Roelsgaard wants several big acquisitions as the Danish Crown subsidiary aims to become the world’s “best” natural casings producer.
FoodNavigator has had a makeover, meaning you can keep up to date with the latest industry news and analysis on our new and improved mobile-friendly website.
Anglo-Dutch giant Unilever has called on the UK government to revisit the country's rules on takeovers and acquisitions to protect ‘national champions’ against foreign takeovers.
South America is a key target market for Tipper Tie and Cooling & Applied Technologies (CAT) following their takeover by food and drink processing machinery supplier JBT Corp towards the end of 2016.
Greencore’s planned acquisition of American company Peacock Foods has moved a step closer to completion after gaining antitrust clearance from US authorities.
Tican a.m.b.a. will file a case of arbitration with pork producer Danish Crown after Tican’s farming cooperative claimed it was due compensation following the collapsed merger.
Food and drink sector mergers and acquisitions (M&A) climbed by 11% in the first quarter of this year, with 51 deals completed, according to business consultancy Grant Thornton.
The UK Competition and Markets Authority (CMA) has ruled that Pork Farms’ acquisition of Kerry Foods’ chilled savoury pastry (CSP) business may substantially lessen competition in the sector.
More than £20.2bn was exchanged in food and drink business mergers and acquisitions (M&As) in 2014, according to figures from Catalyst Corporate Finance (CCF).
Symrise has recorded new highs in 2013, growing sales by 6% and EBITDA by 10%, while reports claim that the flavour and fragrance firm has made a bid for the Diana Group.
Stevia use in new products is booming, while artificial sweeteners still lead the way on a global basis. However, in coming years, market research organisation Canadean foresees a spate of mergers and acquisitions in the stevia industry, to consolidate...
Mergers and acquisitions in the UK food and drink industry hit a 10-year low at just 73 deals in the first half of this year, revealed figures from information services company Experian.
According to a recent market report, more than half of the consumer packaged goods (CPG) merger and acquisition (M&A) activity in 2012 involved food-based companies.
German dairy giant Deutsches Milchkontor GmbH (DMK) has been given the regulatory go-ahead to complete its acquisition of rival German private-label ice cream manufacturer, Roseneis.
Royal DSM saw 2012 EBIT (operating) profits fall 27% to €635m from €866m in 2011 – but the human and animal nutrition business it has invested €2.4bn in since 2010 added 6% in profit.
Tomra Sorting Solutions has netted $18.5m (€14.72m) of optical sorting and peeling contracts at a plant processing French fries and related products in the US.
Unilever has shown mixed progress over the past five years, according to Andrew Wood, senior research analyst for food and home & personal care products at Sanford C Bernstein, based on its predictions for the company made in 2007.
2012 has seen a “remarkable” rise in merger and acquisition activity involving the UK food and drink industry, with much of it taking place in the past two months, according to industry commentators.
Food safety specialist Ecolab has outlined expected restructuring costs of nearly $500m stemming from its $8.3bn acquisition of Nalco Holdings in December 2011.
The enzymes and flavours market may now be quite consolidated but Rabobank sees big potential for acquisitions in other segments of the food ingredients industry.
In this special edition, we provide another chance to read the five most popular articles on the acquisition of Danisco by DuPont – a $6.3bn that has elicited great debate about consolidation in ingredients and which other firms could be hot property...
The rise of private label fruit juice is having a big impact on the juice industry, sparking a wave of consolidation. A mooted merger between Agrana Juice Holding and Ybbstaler Fruit Austria in Europe is the latest example.
The acquisition of National Starch appears to be off the agenda at Tate & Lyle, with the firm now "set to fall into enemy hands", according to analysts at Investec Securities.
One of NutraIngredients.com’s sister websites, www.foodmanufacture.co.uk, received a new look this week with a full redesign, daily dedicated news updates, easier navigation, and many new features.
Dutch bakery ingredients supplier CSM, in releasing its 2009 full year results, said it saw more consolidation in the industry with the expected narrower supplier base leading to synergy savings and thus lower costs for the industrial, artisan and in-store...
Finnish food and agriculture firm Lannen Tehtaat has announced that it will combine the operations of its subsidiaries Avena Nordic Grain Oy and Mildola Oy.
The flavour company Fromatech has merged with Food Ingredients & Specialities to offer customers function and taste solutions rolled into one, along with a new partnership to help it expand outside of Europe.
The sale of Danisco Sugar to Nordzucker now looks unlikely to close this month as planned, as more time is required for the competition authorities to address important questions.
This week, Flower Foods bakery continues its geographical expansion
plans with its acquisition of ButterKrust bakery, and Kellogg
acquires a major Chinese cookie company.
