Focus:
UAE-based food and beverages company Agthia Group has secured board approval for the acquisition of a majority holding in Nabil Foods, a frozen and chilled processed protein products producer.
Swiss consumer food manufacturer Hero Group has acquired Canadian organic baby food company Baby Gourmet.
Canadian plant-based meat manufacturer Modern Meat has signed a letter of intent (LoI) to acquire local plant-based soup company Kitskitchen Health Foods.
Italian food company Barilla has strengthened its UK presence by acquiring a majority stake in Pasta Evangelists, a specialist in direct-to-consumer (D2C) fresh pasta and sauces.
San Francisco-based food technology company GrubMarket has continued its acquisition spree with the takeover of speciality fruit provider Bengard Marketing.
US-based food company Hain Celestial has completed the strategic sale of its fruit business in the UK, including Orchard House Foods business and associated brands, to private equity firm Elaghmore.
Custom flavours manufacturer T Hasegawa USA has announced the acquisition of Mission Flavors & Fragrances in the US.
US-based Santa Monica Seafood has bought out its joint venture partner’s equity interest in Ethos Seafood Group.
Utz Brands subsidiary Utz Quality Foods (UQF) has entered a definitive agreement with Snak-King Corp to acquire certain assets of Vitner’s snack food brand for a $25m consideration.
Nomad Foods has entered exclusive negotiations to acquire Fortenova Group’s Frozen Food Business Group (FFBG), which includes Ledo, Frikom and other frozen food brands.
