India: Adani Wilmar acquires GD Foods
India-based food firm Adani Wilmar has announced the acquisition of sauces and pickle maker GD Foods to expand its category footprint. Founded in 1984, GD Foods is a leader in tomato ketchup, sauces, jams, pickles, noodles, instant mixes, cereals, and essential cooking ingredients under the Tops brand. The brand operates in seven northern Indian states, supplying […]
USA: MNG Brands acquires WellBeing Brewing Company
MNG Brands, a manufacturer of drinks, supplements and skincare products and subsidiary of MNG 2005 Inc, has announced it has acquired WellBeing Brewing Company, a leader in the non-alcoholic beer market, to expand its wellness portfolio. Post-acquisition, WellBeing Brewing Company will introduce beverages infused with tetrahydrocannabinol (THC), broadening its range of functional wellness drinks. Commenting […]
Sweden: Lantmannen to acquire Lindvalls Chark
Scan Sverige, a subsidiary of agrifood cooperative Lantmannen, has announced it has signed an agreement to acquire Lindvalls Chark, a company specialising in sausages and charcuterie sourced from Swedish farms. Founded in 1925, Lindvalls Chark was previously part of the Norwegian Jordanes Group, having been acquired in 2017. The company has an annual turnover of approximately 400 […]
USA: Everton acquires Eastern Tea
Italian tea company Everton, owned by Clessidra Private Equity, has acquired the US-based firm Eastern Tea, known for producing tea under the Bromley label as well as supplying private label brands. Headquartered in Tagliolo Monferrato, Everton generated approximately €45 million ($47 million) in revenue during its 2024 financial and has production facilities in Italy, India […]
USA: Celsius Holdings announces $1.8 billion acquisition of Alani Nu
Celsius Holdings, the global drinks firm, has announced it has finalised a definitive agreement to acquire functional brand Alani Nu for $1.8 billion, inclusive of $150 million in tax assets. “This strategic transaction will merge two rapidly expanding brands within the U.S. energy drink market, creating a leading better-for-you and functional lifestyle platform that is […]
Australia: Colgate-Palmolive to acquire Care TopCo
FMCG giant Colgate-Palmolive has announced it has acquired Care TopCo, the owner of the Prime100 pet food brand, from private equity fund Quadrant PE for A$500 million ($317.5 million). Founded in 2014 in Melbourne, Prime100 offers both refrigerated and shelf‐stable products to pet speciality and other retailers across Australia, focusing on science‐based product lines and veterinary endorsement. Post […]
USA: Equity fund Ahimsa acquires plant-based pizza company Blackbird Foods
Plant-based private equity firm Ahimsa has acquired Blackbird Foods, a manufacturer of frozen vegan pizzas and wings, seitan and dairy-free cheese, according to a Just Food report. This is Ahimsa’s third acquisition since its founding last year with the purpose of backing and expanding plant-based food business operating in the US. The acquisition will reportedly allow […]
Uruguay: Lactalis acquires Granja Pocha
Lactalis, the French dairy giant, has announced the acquisition of Uruguay-based dairy company Granja Pocha, according to Just Food and Todo Lecheria reports. Post-acquisition, Lactalis’s facilities in Cardona will assist Granja Pocha with whey drying and surplus milk processing. Lactalis will also now process 120 million litres of milk annually in Uruguay, with two factories and […]
Finland: Valio acquires Raisio’s plant protein business
Valio, the Finnish dairy company, has announced that it is acquiring the plant protein business of food business Raisio. The deal, valued at €7 million ($7.28 million), includes production equipment at Raisio’s plant protein factory in Kauhava, Finland, as well as the Harkis and Beanit brands. Commenting on the deal, Valio senior vice president Kimmo […]
South Africa: Pernod Ricard acquires Inverroche gin
Wine and spirits multinational Pernod Ricard has announced it has acquired Inverroche, a “luxury” gin brand hailing from South Africa, with distribution in 25 countries. In a press release, the company said it had concluded the acquisition of the shares it did not already own on 6th February. Commenting on the move, Sola Oke, managing director of […]