Swiss agribusiness giant Syngenta AG declined a $45 billion offer from US-based Monsanto to acquire the company saying the bid “fundamentally undervalues” its prospects.”
D.E Master Blenders 1753 B.V. and Mondel?z International, Inc. announced Tuesday they received conditional approval from the European Commission to combine their respective coffee businesses to create the pure-play coffee company Jacobs Douwe Egberts (JDE).
Nomad Holdings Limited reached an agreement to acquire leading European frozen food company Iglo Foods Holdings Limited from a company backed by the Permira funds for approximately $2.8 billion.
Multinational food and beverage company Nestle announced this week it is exploring options to sell off its subsidiary Davigel—provider of branded frozen and chilled food products, ice-cream and solutions for out of home in Europe as part of its on-going portfolio review.
Charlotte, NC-based Spiroflow Holdings, Inc. has acquired Food Control Solutions, Inc., a leading systems integration and automation company in the food industry. The acquisition combines Spiroflow’s bulk material handling solutions with the automation expertise of Food Control Solutions.
Creating a buzz throughout the global food industry, the H.J. Heinz Company and Kraft Foods Group, Inc. announced a merger deal Wednesday to create The Kraft Heinz Company financed in part by American business mogul Warren Buffet, becoming the third largest food and beverage company in North America.
Bizerba, a provider of weighing, slicing and labeling technologies for the food industry, has acquired the food sector of French company Luceo SAS to allow its customers to benefit from a high degree of safety and quality control provided by the transaction.
Global food and workplace safety leader Alchemy Systems announced it has acquired the Chilton Consulting Group, a firm specializing in helping food companies navigate complex food safety standards, improve regulatory readiness, and drive frontline employee performance.
According to Ball, the combined company will have pro forma 2014 revenue of approximately $15 billion and approximately 22,500 employees across five continents.