Ebro Foods acquires majority stake in Italian pasta company
Spanish food processing company Ebro Foods has entered into an agreement to acquire a majority shareholding of 52% in Italian pasta company Pastificio Lucio Garofalo for around €62.5m.
Focus:
Spanish food processing company Ebro Foods has entered into an agreement to acquire a majority shareholding of 52% in Italian pasta company Pastificio Lucio Garofalo for around €62.5m.
US-based consumer packaged goods company Post Holdings has completed the acquisition of egg distributor MFI Holding (Michael Foods) from affiliates of private investors GS Capital Partners, Thomas H Lee Partners...
Ruiz Food Products, a US-based producer of frozen Mexican foods and snacks, plans to invest $55m in a former Heinz facility in Florence County, South Carolina, US, to establish a...
US-based confectionery firm William Wrigley Jr. plans to invest approximately $50m to expand its factory in Yorkville, Illinois, US, to add the production of the Skittles candy brand.
Cott, a Canada-based supplier of private label carbonated soft drinks, has announced that its UK/Europe business unit has acquired all subsidiary companies of Aimia Foods, for around $80m.
Dairy cooperative Arla Foods has opened a £150m fresh milk processing facility in Aylesbury, Buckinghamshire, UK.
US-based food manufacturer TreeHouse Foods has completed the acquisition of Protenergy Natural Foods from Whitecastle Investments, Whitecap Venture Partners and others, for around C$170m ($150m) in cash.
Swedish confectioner Cloetta has acquired the owner of the Jelly Bean Factory brand, Aran Candy, for about SEK140m ($21m).
Meat processor Tyson Foods has made a $6.8bn offer to buy Hillshire Brands, two days after Pilgrim’s Pride made a similar proposal for $6.4bn.
British consumers' trust in the food industry has been significantly damaged by food scandals such as the horsemeat crisis, according to independent research commissioned by Trace One.