M&As this week: CFF, Mondelēz International, Essentia

German natural fibre producer CFF GmbH & Co KG has acquired International Fiber Europe NV for an undisclosed sum.

International Fiber will be re-named CFF Belgium NV as part of the arrangement.

The company is expected to continue producing functional cellulose fibres, which are to be sold under various CFF brand names such as SANACEL, TECHNOCEL, DIACEL and QUALICEL.

Belgium-based International Fiber Europe primarily manufactures plant-based functional ingredients for use by food and cheese producers.

The acquisition is anticipated to enable CFF to provide a greater selection of products and innovative application technologies for its global customer base.

Mondelēz International has completed the acquisition of US-based cookie company Tate’s Bake Shop (Tate’s) for $500m.

Tate’s was acquired from private equity firm Riverside and other shareholders.

Mondelēz International is a confectionery, food and beverage company based in the US.

The acquisition is expected to facilitate Mondelēz’s entrance into the fast-growing premium cookie sector.

Tate’s will also benefit from the acquisition via an increase in the company’s sales and marketing capabilities, as well as expanding the geographical reach of its products.

Essentia has acquired Scanflavour for an undisclosed amount.

Essentia is based in the US, while Scanflavour is a Danish company.

Both companies are primarily engaged in the production of protein products.

The acquisition is slated to enable Essentia to strengthen its position in the global animal-based protein market.

CVC Asia IV has acquired Munchy Food Industries (MFI) and its Malaysian subsidiary Munchworld Marketing.

The partners in MFI prior to the acquisition were Double-V Series (70%) and TAP Crunch (30%).

MFI’s management team, personnel and business operating system are expected to be retained following the acquisition.

Malaysia-based Munchy Food Industries is a snack food manufacturer, while CVC Asia IV is a private equity firm based in Hong Kong.

Mars Petcare has entered an agreement to acquire AniCura from Nordic Capital, Fidelio Capital and the company’s remaining minority shareholders.

AniCura’s existing management will be retained under the deal.

The company will join Mars Petcare’s veterinary health business units following the acquisition, while continuing to expand its brand across Europe.

US-based Mars Petcare is a producer and distributor of pet food, while AniCura is a Swedish company that primarily operates veterinary hospitals and clinics.

Nordic Capital and Fidelio Capital are Swedish private equity firms.

Foppen Groep and Klaas Puul Beheer have entered an agreement to merge their operations and form a combined company.

Both companies are based in the Netherlands and are engaged in salmon and shrimp processing.

The merger is expected to strengthen both companies’ market positions, as well as diversify their product range in the global market.