Sweden: Danone to sell ProViva juice brand to Lactalis
Danone, the food and beverage multinational, has announced the sale of its Swedish probiotic juice brand ProViva to French dairy group Lactalis for an undisclosed sum. Majority-owned by Danone since 2010, ProViva is well known in Sweden for its probiotic fruit juices in raspberry, rosehip, blueberry and blackcurrant flavours. It will now join Skanemejerier, Lactalis’s Swedish […]
USA: Essity to acquire Edgewell feminine care business
Swedish hygiene and health firm Essity has entered into an agreement to acquire toiletries giant Edgewell’s feminine care business for $340 million. Through an asset agreement, Essity will take ownership of Edgewell’s feminine care business, which includes liners, pads and tampons. The transaction covers the Carefree, Stayfree and o.b. brands in the USA, Canada, and […]
USA: McCain to acquire Penobscot McCrum
McCain, the leading frozen potato firm, has entered into an agreement to acquire Penobscot McCrum LLC (McCrum), one of North America’s premier suppliers of frozen potato specialty products. As a result of the acquisition, McCrum’s Maine processing facility will operate independently and agree a potato supply arrangement with McCain, and about 130 employees at the […]
Germany: Muller moves to acquire Elinas and Lunebest dairy brands
Muller, the German dairy and chilled foods group whose portfolio includes Muller, Weihenstephan and Sachsenmilch, has signed a purchase agreement to acquire the Elinas and Lunebest brands from Hochwald, a cooperative-based dairy processor producing UHT milk, condensed milk and dairy ingredients. The deal, which also covers the Luneburg production site and its 150 staff, will transfer […]
Spain: Grupo Lusiaves acquires Avicola Segoviana
Portuguese agri-food business Grupo Lusiaves has announced the acquisition of the Spanish poultry firm Avicola Segoviana. According to sources, Avicola Segoviana offers both processed and unprocessed products. It employs more than 60 people and has a turnover of €9.5 million ($11 million). Avelino Gaspar, president and founder of Grupo Lusiaves, said: “The integration of Avicola Segoviana […]
USA: Mantiqueira buys Hickman’s Egg Ranch
Mantiqueira USA, the US egg supplier co-owned by meat giant JBS, has entered a binding agreement to acquire Hickman’s Egg Ranch, a leading egg producer based in the Mountain and West Coast regions. Founded in 1944, Hickman’s Egg Ranch is recognised as the largest egg producer in the US Southwest. Mantiqueira USA operates as a […]
Italy: BF sells majority stake in couscous division Bia
Italian agribusiness group BF has entered into an agreement to sell a majority stake in its couscous subsidiary Bia to investment funds PM&Partners and Armonia. Acquired in 2022, Bia specialises in private-label couscous for Italy, France, and Spain, offering gluten-free and organic varieties from three sites in Argenta, Ferrara. Other brands in the BF portfolio […]
UK: Snellman Group acquires Benyfit Natural brand
Snellman Group, a Nordic pet food producer, has announced its acquisition of the British raw pet food brand Benyfit Natural from the Real Pet Food Company. Founded in 2014, Benyfit Natural is a producer of raw dog food, created and manufactured in-house at its East Sussex facility. Its range is available through independent and specialist […]
UK: Made Uncommon acquires chocolate brands Love Cocoa and H!p
Made Uncommon, the parent company behind Coco Chocolatier, Up-Up and Otherly Oatm*lk and Seed & Bean, has announced the acquisition of Love Cocoa and H!p for an undisclosed amount. Love Cocoa is described as offering a range of ethically sourced, responsibly crafted chocolate bars, including premium milk and dark varieties, alongside elegant truffles. H!P is […]
USA: Ne-Mo’s Bakery acquired by Cotton Creek Capital
Cotton Creek Capital, a private equity firm, has acquired Ne-Mo’s Bakery, a San Diego producer of sweet baked goods, with the intention of supporting the company’s expansion and boosting manufacturing and innovation capabilities. Founded in 1975, Ne-Mo’s Bakery is a leading producer of sweet baked goods, offering cakes, cookies, cinnamon rolls, and a range of […]