Focus:
IK Investment Partners has announced that its IK VII Fund has reached an agreement to divest chilled convenience food company Signature Foods to Pamplona Capital Management for an undisclosed sum.
Olam Food Ingredients (OFI) has agreed to acquire Mizkan America’s chilli pepper business (CPB) for $108m to meet the demand for Mexican flavours.
Australia’s Freedom Foods Group has announced the sale of its cereal and snacks assets and liabilities to The Arnott’s Group for A$20m ($15.2m) in cash.
Swiss cheese and dairy company Emmi has offloaded its 80% stake in Spanish goat cheese manufacturer Lácteos Caprinos to Lácteas García Baquero.
Ice cream and sorbet manufacturer L'Angélys has agreed to divest certain stake to the French investment bank Bpifrance and Paris-headquartered investor Unigrains.
China Mengniu Dairy has increased its equity interest in cheese manufacturing firm Shanghai Milkground, through the former's subsidiary Inner Mongoliad.
Israeli start-up company Remilk has secured an investment in an oversubscribed funding round for launching its animal-free dairy products in the global market.
Dutch family-owned dairy company Royal A-ware intends to acquire FrieslandCampina’s milk powder towers in Aalter, Belgium.
Post Holdings subsidiary Michael Foods has agreed to acquire hard-cooked and deviled egg products provider Almark Foods.
US-based packed food and beverage manufacturer Treehouse Foods has concluded the acquisition of a majority stake in a US-branded pasta portfolio from Riviana Foods in a $242.5m cash deal.
