Sweden: Ingka Group takes majority stake in The Green Dairy
Ingka Investments, the investment arm of the IKEA retailer Ingka Group, has acquired a majority stake in the Swedish plant-based manufacturer The Green Dairy for 80 million SEK ($8.6 million). Based in Karlshamn, The Green Dairy is a specialist producer of liquid plant-based dairy alternatives made primarily from oats and fava beans. The company operates […]
USA: Laird Superfood to acquire Navitas
Laird Superfood, the US manufacturer of plant-based functional foods, has entered into a definitive agreement to acquire Navitas, the organic “superfood” brand, for $38.5 million in cash. The transaction, which is expected to close in the first quarter of 2026, will be funded through a $50 million private placement of Series A Convertible Preferred Stock […]
Tradeshow Look Ahead: Federico Dellafiore, IFE 2026
Gama spoke to Federico Dellafiore, event director, ahead of the latest edition of IFE, International Food & Drink Event. What are your expectations for this edition of IFE? IFE 2026 is set to be one of our most engaging editions yet. Every year, the show brings together a fantastic mix of food and drink producers, buyers […]
South Africa: Varun Beverages to acquire Twizza in $54 million deal
Varun Beverages, the India-based bottling partner for PepsiCo, has entered into a binding agreement to acquire a 100% stake in Twizza, a South African carbonated soft drinks manufacturer, for an enterprise value of 1.47 billion ZAR ($54.1 million). Twizza Beverages, a prominent player in the South African market, operates manufacturing facilities in Queenstown, Middelburg and […]
USA: V&V Supremo Foods secures land for Wisconsin expansion
V&V Supremo Foods, a Chicago-based producer of Mexican dairy and meat products, has announced plans to establish a new state-of-the-art production facility in Jefferson (WI). The company has acquired a 39-acre site for the development, which is intended to increase manufacturing capacity to meet rising national demand for its portfolio. While specific investment figures were […]
South Africa: McCain streamlines operations with sale of vegetable business
McCain South Africa, the local arm of the Canadian frozen food giant, has agreed to sell its vegetable manufacturing operations to Enduring Ventures, a US-based entrepreneurial holding company. The transaction, for which financial details were not disclosed, includes the acquisition of the well-known Harvestime brand. The deal encompasses a vegetable processing facility in Springs, Gauteng, […]
USA: Trinchero Family Estates acquires Mumm Napa from Pernod Ricard
Trinchero Family Estates, the US-based wine and spirits producer, has agreed to acquire Mumm Napa, a leading premium sparkling wine brand, from the French beverage giant Pernod Ricard. Based in the Napa Valley, Mumm Napa is known for its portfolio of Methode Traditionnelle sparkling wines. The acquisition includes the brand itself, its inventory, and its […]
USA: Coty completes divestment of Wella
Coty, the American beauty multinational, has finalised the sale of its remaining 25.8% stake in haircare brand Wella to the global investment firm KKR. Under the terms of the agreement, Coty will receive an upfront cash payment of $750 million. Furthermore, the company retains the right to 45% of any future proceeds from a potential […]
Italy: Campari divests Averna and Zedda Piras brands
Campari Group, the Italian spirits manufacturer, has agreed to sell its Averna and Zedda Piras liqueur brands to compatriot firm Illva Saronno for €100 million ($117 million). The transaction involves the sale of Amaro Averna, a historic Sicilian herbal liqueur founded in 1868, and the Sardinian myrtle liqueur Zedda Piras. According to Campari, the deal […]
India: Reliance strengthens staples portfolio with Udhaiyam acquisition
Reliance Consumer Products Limited (RCPL), the fast-moving consumer goods arm of Reliance Industries, has acquired a majority stake in the Tamil Nadu-based food firm Udhaiyam. Operating under its namesake brand, the Chennai-based company has a history spanning over three decades and is estimated to be a 6.68 billion INR ($80 million) business. Its portfolio includes […]