USA: Hershey to acquire snack producer LesserEvil
The Hershey Company, the US confectionery and snacks firm, has announced that has entered into an agreement to acquire LesserEvil, a maker of organic snacks. “Investing in LesserEvil brings a multi-category, better-for-you snacks platform to extend our offerings into new categories and forms, reaching new consumers in more eating occasions,” said Hershey president and CEO […]
USA: Castillo Hermanos to acquire Harvest Hill Beverage Company
Castillo Hermanos, a diversified multinational business group, has announced that it has entered into a definitive agreement with private equity firm Brynwood Partners to acquire Harvest Hill Beverage Company, a leading USA-based beverage company. Harvest Hill was founded by Brynwood VII in July 2014 with the acquisition of Juicy Juice from Nestle USA. Its brand […]
USA: Marquez Brothers acquires YoGusto brand
Marquez Brothers, a leading Hispanic food producer, has announced that it reached an agreement to acquire Hato Potero Farms, the owner of YoGusto brand of dairy products Hato Potrero Farm Inc. is a family-run dairy manufacturer whose flagship YoGusto bramd offers drinkable yoghurts and other dairy products such as lactose-free milk, chocolate milk, sour cream and […]
Germany: Bonduelle sells packaged salad business
Bonduelle, the French vegetable processor, has announced the sale of its packaged salad business in Germany to Taylor Farms, effective 31st March “This divestment, aligned with the ‘Transform to Win’ plan revealed on August 29, marks a key milestone in enhancing the group’s operational profitability”, the firm said in a statement, noting it was also accelerating […]
USA: Dollar Tree to divest Family Dollar
Dollar Tree, the largest discount retailer in the US, has announced it has entered into an agreement to sell its Family Dollar business to Brigade Capital Management and Macellum Capital Management for $1 billion. Founded in 1953, Dollar Tree operated over 16,500 stores as of 1st February 2025, spanning 48 US states and five Canadian […]
US: Global Eggs Acquires Hillandale Farms
Global Eggs, a Luxembourg-based egg conglomerate, has reached an agreement to acquire US egg producer Hillandale Farms for $1.1 billion, according to a Reuters report. Global Eggs was established last year and operates Brazil’s Granja Faria and Spain’s Grupo Hevo, acquiring the latter in November. Hillandale Farms, Grupo Hevo, and Granja Faria reportedly generated over $2 billion combined in revenue […]
USA: Bunge to sell European margarines and spreads business to Vandemoortele
Bunge, the leading agri-commodities business, has entered into an agreement to sell its European margarines and spreads business to Vandemoortele, a leading European manufacturer and seller of frozen baked goods and plant-based foods. Under the agreement, Vandemoortele will acquire Bunge’s margarines and spreads business in Germany, Finland, Poland and Hungary, together with its spreads and […]
France: Isigny Sainte Mere to acquire La Maison du Biscuit
Isigny Sainte Mere, a French dairy cooperative manufacturing products such as cream, butter, cheese and infant formula, has announced that it has entered into exclusive negotiations to acquire 90% of the shares in local biscuit manufacturer La Maison du Biscuit. Founded in 1903, La Maison du Biscuit produces artisanal biscuits in Sortosville-en-Beaumont, in France’s Brittany region. […]
South Korea: Nestle and Lotte Group to end Lotte-Nestle Korea joint venture
Nestle, the food and drink multinational, and South Korean food group Lotte Wellfood have agreed to end their Lotte-Nestle Korea joint venture by the first quarter of 2026. Initiated in June 2014, the Lotte-Nestle Korea partnership operates as a 50-50 joint venture, manufacturing and distributing Nescafe instant coffee, chocolate powder drinks, fruit powder drinks, pet […]
Netherlands: Unilever to sell The Vegetarian Butcher to Vivera
Unilever, the multinational consumer goods giant, has announced that it has received a binding offer from plant-based company Vivera to acquire De Vegetarische Slager (The Vegetarian Butcher), a Netherlands-based meat substitutes firm. Founded in 2010, The Vegetarian Butcher expanded to 55 countries after Unilever acquired it in 2018. Commenting on the move, Unilever Foods president […]