For all the talk of higher interest rates and tighter capital, large CPG food and beverage brands are still acquiring brands to bolster their portfolios, especially in beverages and the better-for-you category, John Siegler of BMO Capital Markets shared...
After two years of focusing internally to navigate pandemic-related supply chain, labor and other challenges, Keurig Dr Pepper will begin to look outward once again for inorganic opportunities, including mergers & acquisitions, partnerships and minority...
French grain cooperative Axéréal will acquire Cargill’s malt business under the Axéréal malt subsidiary Boortmalt, affecting 15 global facilities and more than 500 people.
Further tie-ups could be expected as other brewers react to the AB InBev and SABMiller deal, says IBISWorld, with mergers and acquisitions proving an efficient strategy in recent years.
An inquiry group of independent Competition and Markets Authority (CMA) panel members assessing the merger of Sonoco and Weidenhammer has confirmed its provisional findings, which were published in May.
Austrian-based Mayr-Melnhof Packaging (MM Packaging) has made an offer to acquire the folding carton operations of Ileos, in France, owned by Oaktree Capital Management for €80m.
Apollo to buy Verallia for €2,945m from Saint-Gobain
Saint-Gobain has been in talks with Apollo Global Management, (Apollo) to buy Verallia for €2,945m, due to close at the end of the year, subject to the approval of competition authorities, including the European Commission.
Having already formed alliances with PepsiCo, Asahi Group and others over the last three years, China’s Tingyi is looking to further boost its portfolio, according to its chief financial officer.
Ardagh has announced it will acquire Anchor Glass Container Corporation for US$880m (€721m) which will raise their share of the US glass industry to almost a quarter of the market.
UK competition officials have launched a review of the acquisition of Turpins Packaging Group by US firm Accraply – six weeks after the company announced it had completed the deal.
Amcor has been given the go-ahead to complete its acquisition of flexible packaging manufacturer Aperio by Australian authorities – despite earlier competition concerns.
Linpac has confirmed it has reached an agreement to sell its plastic returnable transit packaging (RTP) subsidiary to a private equity outfit owned by JP Morgan Chase.
The Australian competition watchdog confirmed it is probing Amcor’s proposed takeover of packaging company Aperio Group to see if the deal would damage competition in the domestic market.
The Australian Takeovers Panel has rejected SABMiller’s claim that Foster’s published “misleading and deceptive” information in its financial results last week.
The European Commission has approved the merger of Citrovita and Citrosuco - two orange juice businesses that together process 40 per cent of the orange juice from Brazil.
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.
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.
This week, Flower Foods bakery continues its geographical expansion
plans with its acquisition of ButterKrust bakery, and Kellogg
acquires a major Chinese cookie company.
Nestlé Waters said it would merge in Turkey with the country's
number one bottled water group, Erikli, to take better advantage of
Turks' growing thirst for mineral water.
US-based PepsiCo has engaged investment banks Morgan Stanley and
UBS to advise on a possible takeover of Danone, the French bottled
water, yoghurt and biscuits group, according to a report today
inthe Financial Times.
Molson management will be relieved that Friday's shareholder vote
approved the $4 billion merger with Adolph Coors; the family brewer
is now safe from being an obvious takeover target, writes Kim
Hunter Gordon.