Focus:
International Flavors & Fragrances (IFF) has entered a definitive agreement to merge with the Nutrition & Biosciences (N&B) unit of DuPont in a Reverse Morris Trust transaction.
Germany-based Delivery Hero has agreed to acquire South Korea-based leading food delivery app operator Woowa Brothers for $4 bn.
Cargill has entered a joint development agreement (JDA) with Renmatix to use the company's technology for converting unused plant materials into functional food ingredients.
Israeli AgTech startup Equinom has raised capital in a funding round from the lead investor BASF Venture Capital.
US-based food-tech start-up Perfect Day has secured $140m funding in Series C round to accelerate its business growth and expand commercial reach.
Swiss multinational food and drink processing company Nestlé has signed an agreement to sell its US ice cream business to Froneri in a deal valued at $4bn.
Switzerland-based food company Hochdorf Holding has sold its 51% stake in food products supplier Pharmalys Group to Pharmalys Invest Holding in a deal valued at CHF100m ($101m).
Protein manufacturing firm J&B Group has signed a lease agreement with JBS USA for its meat processing facility in Pipestone, Minnesota, US.
Global food and beverage company PepsiCo has signed an agreement to acquire the US-based PopCorners snacks manufacturer BFY Brands.
Hostess Brands has signed an agreement to acquire cookies and wafers manufacturer Voortman Cookies from Swander Pace Capital for nearly $320m in cash.
