Brazil: General Mills offloads dough operations to 3Coracoes
General Mills, the US food giant, has entered into an agreement to sell its Brazil-based dough business to 3Coracoees, the largest coffee roaster in South America, for an undisclosed sum. The transaction includes the Carolina brand, the chilled dough and pasta segments of the Yoki brand, and a manufacturing facility in Ribeirao Preto. General Mills, […]
South Africa: Woolworths to acquire In2food
Woolworths, the South African retail group, has announced an agreement to acquire 100% of its long-term supplier, In2food. While the financial terms of the deal were not disclosed, In2food is a major industry player generating annual revenues exceeding 5 billion ZAR ($290 million). In2food, a South African producer of fresh prepared foods, snacks and bakery […]
Netherlands: Alicorp to acquire Flora Food Group assets in Latin America
Alicorp, the Peru-based food and consumer goods giant, has reached an agreement to acquire the Latin American operations of Flora Food Group, a Netherlands-headquartered specialist in plant-based spreads. The proposed transaction, which is expected to close later in 2026, includes Flora’s brand portfolio and commercial operations across 17 Latin American markets, including Peru, Chile, Colombia, […]
USA: Henkel to acquire Not Your Mother’s
Henkel, the German consumer goods company, has signed an agreement to acquire the US hair care brand Not Your Mother’s from private equity investor Main Post Partners. According to Henkel, the brand is a fast-growing player in the North American market, offering a range of shampoos, conditioners, treatments and styling products. Its portfolio includes collections […]
India: Kati Patang acquires Agnetta International
Kati Patang, the Indian craft beer company, has announced the acquisition of the premium wine and spirits company Agnetta International for R$3.5 crore ($420,000). The Agnetta International brand range includes both new and old world wines, including still and sparking options, as well as a range of spirits such as tequila, Scotch whiskey, Russian vodka […]
India: Reliance Retail acquires beauty brand Pahadi Local
Reliance Retail, the retail arm of Indian conglomerate Reliance Industries, has acquired a majority stake in Pahadi Local, a premium beauty and wellness brand. The acquisition was carried out through Reliance Retail Ventures Limited’s subsidiary, Reliance Beauty & Personal Care Limited. Founded in 2016 by Jessica Jayne, Pahadi Local specialises in natural skincare and wellness […]
USA: Estee Lauder expands luxury fragrance portfolio with Decorte acquisition
Estee Lauder, the US-based cosmetics and skincare giant, has announced it is acquiring the luxury fragrance division of Decorte, a Japanese high-end beauty brand, for an undisclosed sum. The move is intended to strengthen Estee Lauder’s position in the prestige fragrance market, particularly within the Asia-Pacific region. The acquisition includes Decorte’s entire fragrance portfolio, featuring […]
USA: Morinaga & Co to acquire MyMochi
Morinaga & Co, the Japanese confectionery and snack manufacturer, has reached a definitive agreement to acquire MyMochi, the leading producer of mochi ice cream in the USA. The strategic acquisition of the Los Angeles-based firm marks a “full scale” entry into the American frozen dessert market for the Tokyo-headquartered group. MyMochi, which traces its roots […]
UK: Tilray Brands acquires BrewDog in £33 million deal
Tilray Brands, the US-based lifestyle and consumer packaged goods firm, has finalised the acquisition of Scottish craft brewer BrewDog’s global brand and UK production assets in a deal valued at £33 million ($40 million). The transaction includes BrewDog’s worldwide intellectual property, its UK brewing operations, and a portfolio of 11 profitable brewpubs across the UK […]
USA: Jackson Family Wines acquires Big Salt brand
Jackson Family Wines, the California-based wine giant, has expanded its Oregon portfolio with the acquisition of white wine brand Big Salt for an undisclosed sum. Founded in 2016 by John House and Ksenija Kostic House as an extension of their Ovum Wines business, Big Salt specializes in aromatic, minimal-intervention white blends. The brand has built […]