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Intelligence on food and drink brands

Category: Food corporation

News

Stocks Corner: Inflation nation in August

Leading CPG stocks battle it out in August as inflation headwinds impact Q2 revenues and ...
3 months
News

Arla kicks off protein bar product line with new whey concept

Dairy giants’ whey protein mix improves texture and shelf-life of peanut butter protein bars
3 months
News

PepsiCo increases 2021 forecast as North American beverage business booms

Drinks giant to continue to hold-off on M&A despite solid Q2 revenue performance
5 months
News

Nestlé explores cultivated meat options with Future Meat collaboration

CPG giant to compete with Tyson Foods and BRF in investing in the rapidly growing ...
5 months
News

Tesco and Carrefour will not renew long-term purchasing alliance

Agreement will not be extended beyond 31 December as companies agree to “continue their work ...
6 months
News

Ireland: Bain Capital acquires Valeo Foods

Houlihan Lokey provided financial advice to Boston-based private equity firm Bain Capital
7 months
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US: Utz Brands to acquire Festida Foods

The deal integrates Utz's largest supplier of its On The Border tortilla chip brand
7 months
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Nestlé Health Science to acquire Nuun

The acquisition adds a lifestyle brand to the company’s functional hydration portfolio
7 months
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Benelux: Lotus Bakeries invests in direct-to-consumer platform Oot

The Dutch breakfast brand is the fourth investment by the corporate venture firm FF2032
7 months
News

Cargill acquires Belgian bakery supplier

The ingredients giant has brought Leman Decoration Group into the fold
7 months
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Nestlé launches pea milk brand Wunda

New beverage enters the market to compete with first-mover Oatly in the alternative milk segment
News

Confirmed: KKR to sell The Bountiful Company for $5.75bn

Nestlé will acquire core brands of the supplements and nutrition company
7 months
News

UK: Tate & Lyle explores sale sweetener division

The ingredients company has confirmed that discussions with potential buyers are at an early stage
7 months
News

Nestlé in talks to acquire The Bountiful Company

The deal could pre-empt an IPO, which the KKR-backed company filed for this month
7 months
News

Johannesburg: Coca-Cola Beverages Africa to go public

The Coca-Cola Company has retained Rothschild & Co. to advise on the IPO
8 months
News

Brazil: JBS to pay €341m for Vivera

Dutch company Vivera is the third-largest plant-based manufacturer in Europe
8 months
News

Mexico: Sigma chooses Eatable Adventures for accelerator Tastech

The food processing and distribution company seeks to identify the most disruptive companies in the ...
8 months
News

Malaysia: Nestlé opens plant-based food production facility

The site can produce 8,000 tons of plant-based food annually to supply foodservice and retail ...
8 months
News

UK: Sale of premium dessert brand Gü approaches

Gü has 20% market share in the UK's premium dessert category
8 months
News

Poland: Bakery ingredients manufacturer Jabex sold to Dawn Foods

Jabex is a family-owned manufacturer with more than 200 products for the bakery sector
8 months
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UK: Nomad Foods to acquire Fortenova’s Frozen Food Business Group

Nomad expands market share in the frozen aisle with the acquisition of FFBG's brands
8 months
News

UK: Batch Ventures invests in Insane Grain

Insane Grain produces a range of healthy snacks made with sorghum
8 months
News

Belgium: Lotus Bakeries acquires Italian joint venture

The biscuit company has acquired all of the shares in Lotus Bakeries Italia Lotus Bakeries ...
8 months
News

US: General Mills to sell Yoplait European operations

Sodiaal has agreed to a deal that gives General Mills full ownership of the Yoplait ...
9 months
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UK: Lion Capital sells majority stake in Grenade to Mondelēz

The deal values the company at £200 million
9 months
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Danone names Véronique Penchienati-Bosetta as interim chief executive

The Danone board continues the search for new leader
9 months
News

Belgium: Puratos launches bakery-focused foodtech incubator Sparkalis

Sparkalis will also provide direct investments to start-ups with bakery, patisserie and chocolate innovations
9 months
News

US: Mondelēz taps into premium snack segment Down Under with key acquisition

The US snacks giant has agreed to acquired Aussie snacks company Gourmet Food Holdings Mondelēz ...
9 months
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US: Nestlé acquires functional water brand Essentia

Essentia pioneered ionised alkaline water more than twenty years ago
9 months
News

Israel: Aleph Farms inks MoU with Brazilian meat producer BRF

Aleph Farms and BRF want to bring cultivated meat to Brazilian tables
9 months
News

France: Danone seeks new chief executive

The dairy giant undergoes a management shake-up prompted by shareholders calling the departure of Emmanuel ...
9 months
News

Turkey: Siniora Food Industries acquires Polonez brand

Siniora Food Industries has acquired a 77% stake in Trakya ET in a deal worth ...
9 months
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News

US: Beyond Meat inks three-year deal with McDonald’s

The plant-based burger producer will become the fast-food giant's preferred supplier for the new McPlant
9 months
News

UK: Subscription-based recipe box service SimplyCook sold to Nestlé

Advisory firm Oghma Partners acted as exclusive financial advisor to SimplyCook’s shareholders
9 months
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UK: Kebab Alliance aims to skewer stereotypical image

The £2.8 billion a year UK kebab industry is to be represented by the Kebab ...
9 months
News

US: Danone acquires plant-based foodtech Earth Island

Plant-based food company Earth Island produces the Follow Your Heart brands
10 months
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US: Mondelēz launches impact investment platform Sustainable Futures

The snacks giant makes its first foray into impact investing
10 months
News

Nestlé to sell Waters North America brands for $4.3bn

One Rock Capital Partners has joined forces with Metropoulos in the deal
10 months
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News

Nestlé to offer plant-based coffee and a KitKat

Healthy oat and almond lattes and vegan chocolate bars are being produced by the Swiss ...
10 months
News

US: SnackFutures launches CoLab start-up engagement programme

Mondelēz's innovation and venture arm will select up to 10 start-ups to participate
10 months
News

UK: Concerned investors challenge Tesco over obesity

Tesco is facing a shareholder resolution about health at its AGM on Thursday, from institutional ...
10 months
News

US: General Mills makes its first corporate VC investment in the UK

301 Inc. leads an eight-figure investment for pudding brand Pots & Co
10 months
News

US: PepsiCo and Beyond Meat to market snacks and beverages with joint venture

Joint venture will develop, produce, and market snacks and drinks products made from plant-based protein
10 months
News

Vietnam: Vinh Hoan acquires minority stake in cell-based seafood start-up Avant

The pangasius fish giant joins forces with Avant to accelerate commercialisation of cultivated fish
10 months
News

UK: Elaghmore acquires Orchard House Foods

Elaghmore has acquired Orchard House Foods, a UK supplier of prepared fruit, fresh fruit drinks ...
11 months
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Ireland: Valeo Foods acquires German marzipan producer Schluckwerder

Valeo Foods, a portfolio company of CapVest Partners, is making its 18th acquisition
11 months
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UK: Nomad Foods eyes Fortenova’s frozen foods after acquiring Findus Switzerland

Fortenova operates a frozen food business that includes Ledo, Frikom and other well-established brands
11 months
News

Future Food-Tech announces Innovation Challenge with Kellogg’s and Unilever

Initiative seeks to unlock new talent and enable opportunities for collaborations
12 months
News

Nestlé launches plant-based brand Harvest Gourmet in China

The range is produced at Nestlé's first plant-based production line in Asia
12 months
News

Founder’s family acquires Chinese peanut milk and porridge businesses from Nestlé

The Swiss food and drinks giant has disposed of Yinlu to concentrate on its key ...
1 year
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M&S chooses mycoprotein company 3F Bio for vegan food range

The mycoprotein fermentation process creates whole food biomass with a meat-like texture that is high ...
1 year
News

Unilever sets €1bn sales target for plant-based foods portfolio

The target is part of Unilever’s Future Foods, a global strategy seeking to help the ...
1 year
News

Mars swallows up Kind North America

After three years of partnering, snacks giant Mars has acquired the healthy snack company in ...
1 year
News

Modern Meat acquires vegan snack brands from JDW Distributors

Company to pay $450,000 for trademarks and distribution rights to the Sun and Sunsations snack ...
1 year
News

Crave Better Foods acquires Solero Organic Fruit Bars

Crave Better Foods, makers of Chipwich ice cream cookie sandwiches, has acquired the Solero organic ...
1 year
News

Film director James Cameron sells Verdient Foods to Ingredion

The plant-based protein company has been a joint venture between the Cameron family and Ingredion ...
1 year
News

Nestlé takes majority stake in healthy recipe box Mindful Chef

Consumer brands specialist investor Piper, which invested in Mindful Chef in 2018, will exit the ...
1 year
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News

Mondelēz enters foodtech space with seed investment in Torr

Israeli start-up Torr uses proprietary technology to blend real food ingredients in a natural, healthier ...
1 year
News

TreeHouse to acquire branded pasta portfolio of Riviana

The US company will pay $242.5 million in cash for the pasta line, including a ...
1 year
ma
News

Quirch Foods completes Colorado Boxed Beef merger

The deal creates a major US distributor and exporter of protein and ethnic food products
1 year
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Kraft Heinz unveils strategic plan to fuel growth

The packaged food giant will focus on six consumer-driven platforms and will prioritise investment in ...
News

Coca-Cola unveils recovery plan amid a 28% decline in revenues

The recovery plan includes investments against a defined growth portfolio by prioritising brands best positioned ...
1 year
News

Danone invests €100m to strengthen Specialized Nutrition business in China

The French dairy company has acquired infant formula maker Murray Goulburn Dairy (Qingdao) and opened ...
News

Nestlé revamps meal range to feed modern ways of eating well

The New Life Cuisine brand is a range of low-carb, high protein, meatless and gluten-free ...
2 years
News

Danone creates plant-based accelerator

Danone aims to increase plant-based sales worldwide from €2 billion in 2019 to around €5 ...
News

Cargill completes plant-based nugget trial at KFC China

Cargill plans to offer more plant-based products to the foodservice sector
News

Nestlé reveals M&A options amid 4.7% sales growth in Q1 2020

Nestlé chief executive Mark Schneider says 2020 to be a “more vigorous” year for acquisitions

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