Netherlands: Refresco sells Wicky brand rights to Riedel
Refresco, the global beverage solutions specialist, has sold the brand rights of its fruit drinks brand Wicky to local Dutch soft beverages business Riedel. While the financial terms of the transaction were not disclosed, both firms released a joint statement indicating that the agreement will allow the Wicky brand to realise its full potential. Sold […]
France: Apheon acquires frozen food group Alma
Apheon, the European private equity firm, has announced the acquisition of Alma, a newly formed French frozen food group, for an undisclosed sum. Alma was established in April 2026 through the merger of premium frozen Asian snacks manufacturer Foo Seng and meal-components supplier Varachaux. The combined business employs around 115 people and generates around €40 […]
India: Varun Beverages to acquire Devyani dairy, beverage business
VBL Industries (Kenya) Limited (VBL Kenya), a wholly-owned subsidiary of Indian beverage producer Varun Beverages, has entered into a Business Transfer Agreement to acquire the value-added dairy beverages, juices and packaged drinking water business of Devyani Food Industries (Kenya) Limited (DFIL Kenya), an RJ Corp subsidiary Under the terms of the agreement, VBL Kenya will […]
USA: Henkel expands hair care presence with Olaplex acquisition
Henkel, the German consumer goods giant, has completed the acquisition of premium hair care brand Olaplex. Following the fulfilment of all closing conditions and required regulatory approvals, the brand is now fully part of Henkel’s consumer brands business. Olaplex is a premium channel hair care brand with a science-led portfolio spanning professional hair care community channels, […]
USA: Coty signs agreement for early transition of Gucci Beauty license
Coty, the USA-based beauty company, has entered into an agreement to transition the Gucci Beauty license back to Kering for a consideration of approximately $400 million. Under the terms of the agreement, Coty will continue to operate the Gucci Beauty brand until at least 30th June 2027, ending the license approximately one year ahead of […]
Germany: Bayou Best Foods acquires BettaF!sh
Bayou Best Foods, the US-based plant-based seafood manufacturer, has acquired its German peer BettaF!sh to expand its international footprint. Financial terms of the transaction were not disclosed. Founded in 2024, Bayou Best Foods produces plant-based shrimp distributed across the US through foodservice channels. Berlin-based BettaF!sh, part of the Wunderfish company, develops seafood alternatives made using […]
India: The Magnum Ice Cream Company opens new R&D centre
The Magnum Ice Cream Company (TMICC), the world’s leading ice cream business, has opened its new Research, Design & Innovation (RD&I) centre in Bengaluru, India. Spanning 13,000 sq ft, the “future-ready” facility houses a state-of-the-art laboratory and a digitally enabled pilot plant. The new facility is located in Whitefield, Bengaluru, which is recognised as India’s […]
Spain: Royal A-ware to merge with Grupo TGT
Royal A-ware, the dairy organisation, has reached an agreement on the proposed merger with Grupo TGT, one of the largest cheese producers and cheese distributors in Spain and Portugal. The two family-owned businesses are combining their expertise to further strengthen their position in the international cheese market and serve their customers even better. Following the […]
Denmark: Carlsberg and Sapporo to form strategic partnership in Southeast Asia
Carlsberg, the Danish brewing giant, has entered into an agreement with Sapporo, the Japanese beverage company, to form a major strategic joint venture across Southeast Asia and Hong Kong, alongside a partnership in the UK. The joint venture will encompass Carlsberg’s existing operations in Hong Kong, Singapore, Malaysia, Laos, Vietnam and Cambodia, holding perpetual exclusive […]
Poland: Henglein to build new production facility
Henglein, the fresh and chilled food producer, is planning to construct a modern manufacturing plant in Tucznawa, Dabrowa Grnicza, Poland. The company, which makes dough-based and potato products, will invest 90 million PLN ($22 million) in the project. Located on a plot of nearly 5.6 hectares, the development will comprise a production hall, a fully […]