UK: Saputo to sell UK dairy operations to Lactalis
Saputo, the Canada-based dairy processor, has entered into a definitive agreement to sell its Dairy Division (UK) to Lactalis for an enterprise value of approximately £988 million ($1.28 billion). The transaction includes five manufacturing facilities and local brands, including Cathedral City, Wensleydale, Davidstow, Clover and Country Life. Over the last four quarters, the UK unit […]
USA: Ferrero to acquire Purely Elizabeth
Ferrero , the Italian sweet-packaged foods company, has signed an agreement to acquire Boulder (CO)-based wellness and better-for-you food business Purely Elizabeth. Founded in 2009, Purely Elizabeth produces a portfolio of granola, oatmeal, cereals and protein products. The company has reportedly more than doubled its sales over the past two years. Following the transaction, Purely Elizabeth […]
Germany: VAFO Group acquires Pets Deli
VAFO Group, the Czech-founded European pet food company, has acquired Pets Deli, a German direct-to-consumer (D2C) pet food brand. The transaction expands VAFO Group’s presence in Germany and adds a digital platform offering wet food, dry food, raw feeding, snacks and supplements for dogs and cats. Pets Deli will continue to operate under its own […]
USA: Fulton Brewing acquires Bemidji Brewing
Fulton Brewing, the US craft brewer, has announced the acquisition of fellow Minnesota-based producer Bemidji Brewing for an undisclosed sum. Effective from 31st October, the deal builds on a production partnership that began roughly three years ago, allowing Bemidji Brewing to expand production beyond its city centre facility and grow distribution into Duluth and the […]
UK: Brookfield Drinks acquires Crabbie’s brand
Brookfield Drinks, the UK-based drinks supplier, has acquired the Crabbie’s alcoholic ginger beer brand from Halewood Artisanal Spirits, according to trade reports. Crabbie’s, which dates back to Edinburgh in 1801, is reported to be the world’s leading alcoholic ginger beer brand. Manufactured using a six-week ginger-steeping process, the product lineup includes the core alcoholic ginger […]
UK: Nichols acquires VITHIT for €75 million
Nichols, the diversified UK-based soft drinks group, has acquired 100% of the share capital of functional drinks business VITHIT for a total cash consideration of €75.0 million ($82.3 million) on a debt-free, cash-free basis. Founded in Dublin in 2001, VITHIT produces a range of low-calorie, low-sugar functional beverages fortified with vitamins. The company holds market-leading […]
USA: Axum Capital Partners to acquire controlling stake in sports drink Barcode
Axum Capital Partners, the US private equity firm, has agreed to acquire a controlling interest in Barcode, a US performance hydration brand. The transaction, which is expected to close during the third quarter of 2026, is described as representing a significant milestone in the brand’s journey. Produced by Drink Barcode, Barcode Performance Water is marketed […]
Canada: Corby Spirit and Wine sells Lamb’s rum brand for C$39.2 million
Corby Spirit and Wine, the Canadian spirits, wine, and ready-to-drink beverage manufacturer, has signed a definitive agreement to sell its Lamb’s rum brand and associated assets for C$39.2 million ($28.1 million). Under the terms of the deal, Maison des Futailles, a subsidiary of Canadian beverage platform Phildan, has acquired the North American rights to the […]
Canada: Kirin to acquire Jamieson Wellness in C$2.5 billion transaction
Jamieson Wellness, the Canadian manufacturer and marketer of vitamins, minerals and supplements, has entered into a definitive arrangement agreement to be acquired by Japanese food, beverage and pharmaceuticals firm Kirin. Under the terms of the transaction, Kirin will acquire all issued and outstanding common shares of Jamieson Wellness for C$45.75 ($33.56) per share in cash. […]
India: Nykaa acquires stake in D2C skincare brand Aminu
Indian beauty retailer Nykaa, via its parent company FSN E-Commerce Ventures, has approved the purchase of a 51% majority stake in direct-to-consumer skincare brand Aminu for a cash consideration of up to Rs 32 crore ($3.8 million). The transaction, structured on a fully diluted basis, is expected to complete by 15th September, with Nykaa planning […]