Focus:
Kasikorn Bank (KBANK) and The Siam Commercial Bank (SCB) have agreed to sell their stake in Ajinomoto Thailand to its parent company Ajinomoto, a Japanese seasoning company.
The US-based Landec Corporation will explore new opportunities, including the divestiture of its vegetable bag and tray business Curation Foods.
US-based ice cream brand Van Leeuwen has secured investment in a Series B funding round led by private equity firm NextWorld Evergreen.
US-based seafood company BlueNalu has completed its $20m Series A financing round to help expand its presence in the market.
KIND Snacks founder and executive chairman Daniel Lubetzky through his family office Equilibra Partners Management has invested $18m in Seattle-based Greek yogurt brand Ellenos.
US-based company Mondelēz International has signed an agreement to acquire a majority stake in Give & Go Prepared Foods, a Canadian producer of baked goods.
PepsiCo has signed a definitive agreement with Haoxiangni Health Food company to acquire Hangzhou Haomusi Food (Be & Cheery) for $705m.
The executive team of Cedar’s Foods has acquired the US-based ready-to-eat overnight oats producer brekki for an undisclosed sum.
The US-based Hormel Foods has brokered a deal to acquire Sadler's pit-smoked meat business Smokehouse in a deal valued at $270m.
US-based private equity firm Highlander Partners has acquired a majority stake in Romanian food brand SanoVita for undisclosed sum.
