US food giant Kraft Heinz is selling its 50.1% stake in its joint venture, Heinz Foods SA, to Bokomo cereals and Sasko bread maker Pioneer Foods for an undisclosed amount. Pioneer Foods has announced it will be acquiring full ownership of Heinz Foods South Africa, the joint venture (JV) it had with the global food […]
Etiqueta: acquires
Frutarom acquires flavors company René Laurent of France
Frutarom Industries Ltd. are continuing its momentum of acquisitions and the implementation of its rapid and profitable growth strategy: The company have announced their second acquisition of this year, with the agreement for the purchase of René Laurent of France for approx. USD 21.3 million (Euro 20 million). The transaction was completed upon the signing […]
Mérieux NutriSciences acquires ACM Agro & reinforces footprint in France
Mérieux NutriSciences have announced the finalized acquisition of 100% ownership in ACM Agro, a privately held France-based company specialized in microbiological analytical services for agro-food industry players. With this acquisition, Mérieux NutriSciences consolidates its position as a global leader in food safety and strengthens its presence in France. Founded in 1990 as a subsidiary of […]
Frutarom acquires 75% of Piasa Group
Frutarom Industries Ltd. (“Frutarom”), one of the world’s 10 largest companies in the field of flavors and natural specialty fine ingredients, continues its momentum of acquisitions and the implementation of its rapid and profitable growth strategy: The Company announced today the signing of an agreement for the purchase of 75% of the shares of the […]
Bell Flavors acquires Nardev Chemie Pte, Ltd in Singapore
Bell Flavors & Fragrances secured its newest international subsidiary with the acquisition of Sillage Aromatique which is the fragrance division of Nardev Chemie Pte, Ltd in Singapore on October 3, 2016. Sillage Aromatique services customers in Southeast Asia, including Malaysia, Indonesia, Thailand, Vietnam, and Australia in the personal care, fine fragrances, household, and industrial industries. […]