9 January 2020
Kraft Heinz appoints new president for US business
US-based food company Kraft Heinz has appointed Campbell Soup Company executive Carlos Abrams-Rivera as its new US zone president.
Focus:
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8 January 2020
Daniele International merges with Creminelli Fine Meats
Daniele International, a portfolio company of Entrepreneurial Equity Partners and producer of speciality Italian charcuterie and deli meats, has merged with Creminelli Fine Meats.
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8 January 2020
Swander Pace Capital sells Voortman Cookies to Hostess Brands
Private equity firm Swander Pace Capital has completed the sale of cookie and wafer manufacturer Voortman Cookies to Hostess Brands.
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8 January 2020
Yerbalatina Phytoactives acquired by Archer Daniels Midland
US-based food processing company Archer Daniels Midland (ADM) has acquired Brazilian plant-based extracts and ingredient manufacturer Yerbalatina Phytoactives.
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7 January 2020
GSK and STEER reach out-of-court settlement over production technology
The UK-based Glaxo Smith Kline Group (GSK) has reached an out-of-court settlement with the STEER Engineering over technology used to produce Horlicks.
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7 January 2020
Plant-based pork launched in US by Impossible Foods
Impossible Foods, the US-based maker of the Impossible Burger, has launched its new plant-based sausage and plant-based pork products in the US.
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6 January 2020
Flora signs LOI to acquire 90% stake in Colombia’s Kasa Wholefoods
The US-based company Flora Growth has entered into a letter of intent (LOI) to acquire a 90% stake in Colombia-based Kasa Wholefoods Company.
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20 December 2019
Ardian to acquire bakery solutions provider Cérélia
French private equity investment company Ardian will acquire bakery solutions provider Cérélia from the IK VII Fund, advised by IK Investment Partners.
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20 December 2019
Nestlé to divest 60% stake in German sausage maker Herta
Swiss multinational food and drink processing conglomerate Nestlé is set to sell a 60% stake in German sausage manufacturer Herta to Casa Tarradellas.
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20 December 2019
AfDB to finance Elnefeidi’s food expansion programme in Sudan
The African Development Bank (AfDB) has agreed to support Sudan-based Elnefeidi Group’s agriculture and food expansion programme.