France: Ferrara in talks to acquire CPK Group
Ferrara, a subsidiary of confectionery giant Ferrero, has announced it has entered into exclusive discussions to acquire CPK Group, a French manufacturer and distributor of sweets and chocolates, from investment firm Eurazeo. The deal, to be transacted via a European holding company of Ferrara, would aim to combine CPK’s strong position in the European confectionery market […]
Italy: Caffo Group acquires Cinzano vermouth, sparkling wines from Campari
Italian spirit group Campari has agreed to sell its Cinzano vermouth and sparkling wine business, along with Frattina grappa and sparkling wines, to the privately-owned Italian firm Caffo Group in a €100 million ($117 million deal). This strategic move aligns with Campari’s plan to streamline its brand portfolio by offloading non-core assets, the company said in […]
Italy: Pernigotti and Walcor unite in €70 million merger
Italian confectionary companies Pernigotti and Walcor have announced their merger, backed by key shareholders including JP Morgan Asset Management and Invitalia. The newly formed entity boasts €70 million ($82 million) in annual revenue, over 340 employees, and export sales to nearly 50 countries. Operations will continue at existing plants in Novi Ligure and Pozzaglio ed […]
France: Inspired Pet Nutrition acquires pet food processor Sopral
Inspired Pet Nutrition (IPN), the pet food company controlled by investment firms CapVest and Parquest, has agreed to acquire Sopral, a French premium dry pet food manufacturer. Based in Plechatel in the Brittany region, Sopral offers products under the Pro-Nutrition Prestige, Pure Life and Protect brands. The company has a presence in over 50 countries […]
Italy: New Princes Group buys Kraft Heinz baby food business
New Princes Group, the diversified food company formed on Newlat’s acquisition of Princes last year, has announced the acquisition of the Italian baby food business of Kraft Heinz for €120 million ($140 million), according to a report in Grocery Gazette. As a result of the acquisition, New Princes Group will add a range of new brands to it portfolio, […]
France: Kneipp sells Cattier Paris brand
Kneipp, the German natural toiletries firm, has reached an agreement to sell the Cattier Paris brand to an unnamed investment firm based in France, according to a report in Lebensmittel Praxis. Under the terms of the agreement, which was reportedly finalised on 30th June, Kneipp will continue to market the Cattier Paris brand in Germany, […]
Italy: Valeo Foods Group acquires Melegatti Cakes
Valeo Foods, a leading European producer of sweets and snacks, has announced the acquisition of Melegatti Cakes, an Italian sweet bakery manufacturer, in line with its strategy to expand in baked treats. Founded in 1894 in Verona, Melegatti has a portfolio that includes the Italian cakes pandoro and panettone, as well as croissants and a variety of […]
USA: L’Oreal to acquire fast-growing haircare brand Colour Wow
International cosmetics firm L’Oreal has agreement to acquire Colour Wow, a professional haircare brand founded in 2013 by Gail Federici. Operating across the US and UK, the brand is reportedly known for its high-performance formulas and products such as Dream Coat and XL Bombshell Volumizer, and is available in selective retail and e-commerce platforms, as well […]
Denmark: Arla invests $70 million to expand cream cheese production
Arla Foods, the Denmark-based dairy cooperative, has announced an investment of €59.4 million ($70million) to expand cream cheese production at its dairy facility in Holstebro, Denmark. Arla Foods manufactures around 155,000 tonnes of butter and spreads and 119,000 tonnes of cream cheese per year. An earlier expansion at its Holstebro processing facilities, completed in early […]
USA: Bubbies Ice Cream acquired by Marubeni
Bubbies Ice Cream, a Hawaiian firm best known for mochi ice cream, has been acquired by by Marubeni, a leading Japanese trading and investment firm. Founded in 1985, Bubbies Ice Cream is described as being known for its premium positioning and unique flavours, recently venturing into a new frozen category with its Mini Ice Cream […]