Australia: Honest to Goodness acquires Pimp My Salad and Pimp My Snack brands
Honest to Goodness, an Australian health food manufacturer, has announced the acquisition of the Pimp My Salad and Pimp My Snack snacking brands from Komarov Food. Pimp My Snack offers health-oriented sweet and savoury snacks that are described as slow baked for a light and crunchy texture. Founded in Byron Bay, Pimp My Salad markets snacks, salad […]
Netherlands: Ahold Delhaize aquires Profi Rom Food
Dutch retail conglomerate Ahold Delhaize has announced that it has completed the acquisition of Romanian supermarket Profi Rom Food (Profi) from private equity fund MidEuropa for €1.3 billion ($1.35 billion). The acquisition significantly expands Ahold Delhaize’s footprint in Romania, where the company operates nearly 1,000 stores under the Mega Image banner. Profi has a network of 1,700 supermarkets and convenience stores, and […]
India: Adani Enterprises Limited to exit Adani Wilmar joint venture
Adani Enterprises Limited (AEL). a holding company of the Adani conglomerate, has announced that it has entered into an agreement to sell its 44% stake in Adani Wilmar, an Indian FMCG joint venture, to Wilmar subsidiary Lence through Adani Commodities LLP, a wholly-owned subsidiary of AEL. Adani Wilmar, co-founded by AEL and Wilmar International in […]
USA: Ziyad Brothers acquires Indo-European Foods
Ziyad Brothers, a provider of Middle Eastern and Mediterranean products and a portfolio company of Peak Rock Capital, has acquired Indo-European Foods (IEF), a US-based ethnic food business, from equity fund Corridor Capital for an undisclosed sum. Founded in 1966, IEF is described as a leading importer and distributor of specialty ethnic foods, offering a diverse portfolio […]
Australia: Coca-Cola acquires FAB brand Billson’s
Coca-Cola, the soft drinks multinational, has announced it has entered into an agreement to acquire Billson’s, an Australia-based brand of flavoured alcohol beverages (FABs). The Billson’s product range includes “local market leaders” Vodka with Tangle, Vodka with Grape Burst and Vodka with Portello, the company said in a statement. “We are excited to add Billson’s to our […]
Netherlands: Unilever to sell Unox and Zwan brands
Unilever, the multinational consumer goods giant, has announced that it has received a binding offer from Dutch food company Zwanenberg Food Group to acquire the soup and meat brands Unox and Zwan for an undisclosed sum. Launched in 1928 and 1937 respectively, the Zwan and Unox brands have been part of Unilever’s portfolio for nearly […]
Netherlands: Paulig reaches deal to acquire Conimex from Unilever
Finland-based food company Paulig has announced that it is acquiring Asian foods brand Conimex from consumer goods giant Unilever to strengthen its presence in the Netherlands. Founded in 1932, Conimex is said to have a 100-strong product range that includes meal makers, prawn crackers, soups, sauces and seasonings, and 87% brand awareness domestically. Commenting on […]
Netherlands: FrieslandCampina to merge with Belgian peer Milcobel
Dutch dairy multinational FrieslandCampina and Belgian dairy cooperative Milcobel have announced their intention to merge with the aim of creating a leading dairy cooperative and company spanning the Benelux region. 2023 figures (excluding Milcobel’s Ysco business, which is in the process of being divested) suggest the combined organisation would achieve €14 billion ($14.56 billion) in […]
USA: Paine Schwartz Partners acquires Promix
Paine Schwartz Partners, a private equity firm, has announced the acquisition of Promix, a nutrition and supplements business, Founded in 2014, Promix is known for producing a range of ‘clean’ nutritional products, including supplements, vitamins, meal replacements, and snacks, with a claim of ‘nothing artificial’. The company’s product range, including prebiotics, protein powders, bars, electrolytes, […]
Belgium: Vache Bleue Group and Flanders Food Production announce merger
Belgian cheese businesses Vache Bleue and Flanders Food Production (FFP) have announced they are to merge to form European Dairy Company, a new dairy powerhouse with a combined turnover of €500 million ($525 million). Founded in 1927, Vache Bleue specialises in private label and freshly packed cheeses. The company operates three production sites in Belgium, […]