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, specialty retail and e-commerce. In the fiscal year 2025, Olaplex generated approximately €370 million ($395 …
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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 the original license term. As part of the agreement, Coty received $250 million in cash …
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 European seaweed, including plant-based tuna and salmon products. According to company statements, the acquisition combines …
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 technology hub. Designed as a creative laboratory “where science meets indulgence”, the centre is established …
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 transaction, Grupo TGT will continue to operate from Spain as an independent organisation within Royal …
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 rights to produce and distribute Sapporo Premium Beer across these markets. Additionally, Sapporo will licence …
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 automated technological line, a high-bay cold storage warehouse and administrative offices. According to sources, the …
Lavazza has partnered with dairy company Muller to launch a new ready-to-drink chilled coffee range inspired by Italian recipes. The new dairy-based range is available in a 220ml format and features four varieties: Cappuccino, Latte Macchiato, Caramel Latte flavour, and Cappuccino Tiramisu. According to the companies, the collaboration pairs Lavazza’s coffee knowledge with Muller’s capabilities in chilled dairy production. The launch marks Lavazza’s step into the refrigerated coffee category, drawing …
ACON Investments, the US private equity firm, has acquired a controlling stake in YumEarth, the US organic confectionery brand, for an undisclosed sum. The acquisition was supported by industry partner Fini, the Spain-headquartered confectionery manufacturer, which will also hold an ownership stake in the business. Founded in 2007, YumEarth specialises in allergy-friendly candy made with clean, simple ingredients. The company’s portfolio includes chewy sweets, lollipops and fruit snacks, which are …
Hormel Foods, the global branded food company based in the USA, has entered into a definitive agreement to sell its Brazilian operations to Zanchetta Alimentos, a Brazilian food company. Operating under the Ceratti brand, the business offers meats such as mortadella, sausage and salami for the Brazilian retail and foodservice markets. Financial details of the transaction were not disclosed. According to source, the divestiture reflects the company’s ongoing efforts to …
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