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Dr. Oetker proposes to buy Unilever’s Alsa baking and dessert business

Dr. Oetker proposes to buy Unilever’s Alsa baking and dessert business

Food acquisition news : Unilever has revealed that German food manufacturer Dr. Oetker has made a binding offer to buy its Alsa baking and dessert business for an undisclosed price. Asla, which was acquired by Unilever in 2010, manufactures flan mixes and baking powder among other products. Unilever revealed that the transaction with Dr. Oetker […]

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Yum Brands, Grubhub join forces to boost KFC and Taco Bell businesses

Yum Brands, Grubhub join forces to boost KFC and Taco Bell businesses

Restaurant industry news : Yum Brands will partner with food ordering company Grubhub to boost sales of its KFC and Taco Bell fast food restaurants in the US through the latter’s online ordering platform. Additionally, Yum Brands has agreed to make an equity stake of $200 million in Grubhub for an undisclosed stake. The investment […]

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Nestle acquires majority stake in organic food company Terrafertil

Nestle acquires majority stake in organic food company Terrafertil

Food acquisition news : Food and beverage giant Nestle has bought a majority stake in a Latin American organic food company Terrafertil, a producer of plant-based foods and healthy snacks for an undisclosed price. Nestle Acquisition of Terrafertil Stake Nestle acquisition of Terrafertil stake is expected to expand the former’s footprint in a fast-growing segment […]

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PSA buys controlling stake in Chinese auto spare parts distributor Jian Xin

PSA buys controlling stake in Chinese auto spare parts distributor Jian Xin

French car manufacturer Groupe PSA has purchased a controlling stake in Jian Xin, a Chinese auto spare parts distributor for an undisclosed price, in a move to boost its presence in the Chinese market. The transaction is expected to help Groupe PSA speed up the launch of its aftermarket offering in the China. The Shanghai-based […]

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Arla Foods to acquire British organic dairy brand Yeo Valley Dairies

Arla Foods to acquire British organic dairy brand Yeo Valley Dairies

Food acquisition news : Dairy manufacturer Arla Foods has agreed to acquire British organic dairy brand Yeo Valley Dairies from Yeo Valley Group for an undisclosed price, in a move to significantly grow its organic dairy business in the United Kingdom. Arla Foods Acquisition of Yeo Valley Dairies Arla Foods acquisition of Yeo Valley Dairies […]

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