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- April 13, 2025
Arla Foods, DMK Group propose merger to form Europe’s largest dairy cooperative
EUROPE – Arla Foods and Germany’s DMK Group have announced a proposed merger that, if approved, would form Europe’s largest dairy cooperative. The combined business
Azelis acquires Solchem Nature to expand nutraceutical market reach in Spain, broader Europe
SPAIN – Azelis has acquired 100 percent of Solchem Nature S.L., a Spain-based distributor of premium nutraceutical ingredients and formulations. The move expands Azelis’ reach
Fresh Del Monte enters avocado oil market with Avolio acquisition
UGANDA – Fresh Del Monte Produce Inc. has acquired a majority stake in Avolio, a Uganda-based supplier of bulk crude and cold-pressed avocado oil. The
Slow acquires African Coffee Roasters in strategic expansion move
KENYA – Danish coffee producer Slow has finalized an agreement to acquire African Coffee Roasters (ACR) from Coop and the Investment Fund for Developing Countries
PepsiCo expands health-focused portfolio with US$1.95B acquisition of Poppi
USA – PepsiCo has entered into an agreement to acquire Poppi, a prebiotic soda brand, for US$1.95 billion marking its expansion into the growing functional
Dislog Group expands food portfolio with Venezia Ice & Bakery acquisition
MOROCCO – Dislog Group has moved to strengthen its presence in the food sector with the acquisition of Venezia Ice & Bakery, and the MCDF
Bidco Africa broadens horizons with acquisition of Groupaco Holdings
KENYA – Bidco Africa Group has announced its acquisition of Groupaco Holdings Ltd (GHL), marking an entry into the breakfast cereals and snacks market. The
Thermo Fisher to acquire Solventum’s Purification & Filtration business for US$4.1B
USA – Thermo Fisher Scientific Inc. has announced a definitive agreement to acquire Solventum’s Purification & Filtration business for approximately US$4.1 billion in cash. The
Pernod Ricard acquires full ownership of South African Gin brand Inverroche
SOUTH AFRICA – In a strategic expansion within the African spirits market, French beverage conglomerate Pernod Ricard has acquired the remaining shares of South African
Pluri expands into cell-based chocolate with US$6.5M investment
ISRAEL – Israeli cellular agriculture firm Pluri has secured a US$6.5M investment and is set to acquire a majority stake in Rehovot-based Kokomodo, a company