Latest Posts Under: Food acquisition news

Campbell Soup to sell Arnott’s and others to KKR for $2.2bn

Food acquisition news : Campbell Soup Company has agreed to sell its Australian biscuit brand Arnott’s and some of its international operations to global investment firm KKR for $2.2 billion. Along with the previously announced sale of Kelsen Group, Campbell has announced the sale of its entire Campbell International division for a total price of […]

Ferrero wraps up $1.3bn acquisition of Kellogg’s cookies and fruit snacks businesses

Food acquisition news : Italian confectionery group Ferrero has wrapped up its previously announced $1.3 billion acquisition of the cookie, fruit and fruit-flavored snack, ice cream cone and pie crust businesses from Kellogg. Through the deal, Ferrero has acquired a cookie portfolio that includes the Keebler cookies brand, Famous Amos cookies, Murray sugar-free cookies, family […]

PepsiCo to acquire South Africa food producer Pioneer Foods for $1.7bn

Pepsico acquisition of Pioneer Foods: US drinks and snacks group PepsiCo has signed an agreement to buy South African food producer Pioneer Foods for $1.7 billion in cash to expand its presence in the African continent. PepsiCo to expand in Africa through Pioneer Foods Pioneer Foods, which is one of the largest producers and distributors […]

Campbell Soup to sell Kelsen Group to Ferrero affiliate for $300m

US canned soups producer Campbell Soup Company has agreed to sell its Danish baked snacks producer Kelsen Group to a Ferrero affiliated company for $300 million, as per the latest food acquisition news. Campbell Soup intends to use the proceeds from the sale of the Danish baked snacks producer to cut down its debt. Headquartered […]

Froneri acquires Israeli ice cream manufacturer Noga Ice Creams from Nestle

Froneri acquisition of Noga Ice Creams : Ice cream manufacturer Froneri has agreed to acquire Noga Ice Creams from Israeli food manufacturer and distributor Osem Group for an undisclosed price to foray into Israel. Osem Group is in turn owned by Nestlé which created Froneri as a joint venture with PAI Partners in 2016. Froneri […]

Froneri acquires Israeli ice cream manufacturer Noga Ice Creams from Nestle

Froneri acquisition of Noga Ice Creams : Ice cream manufacturer Froneri has agreed to acquire Noga Ice Creams from Israeli food manufacturer and distributor Osem Group for an undisclosed price to foray into Israel. Osem Group is in turn owned by Nestlé which created Froneri as a joint venture with PAI Partners in 2016. Froneri […]

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