Mundella Foods has been acquired by China-based Bright Food Group
China’s Bright Food Group Co Ltd (Bright Food) has agreed to buy Western Australian dairy company Mundella Foods, expanding the conglomerate’s...
Global food and beverage manufacturer Nestle has announced it has sold its weight managment business Jenny Craig in Australasia and North America to a US-based private equity group, North Castle Partners.
North...
New Zealand based dairy giant Fonterra has announced it will acquire the assets of Tasmanian yoghurt business, Tamar Valley Dairy.
Under the agreement, Fonterra will acquire the processing equipment, related...
International consumer products group PZ Cussons has acquired Australian premium baby food brand Rafferty’s Garden Pty Ltd for AU $70 million.
PZ Cussons said the acquisition, which marks the Company’s...
Almost at the same time as reaching a momentous 10-year supply deal with Coles supermarket group and expanding its processing facilities, Australia’s largest dairy co-operative Murray Goulburn Co-operative...
HJ Heinz Company has announced that it will be acquired by an investment consortium Berkshire Hathaway and Brazillian-based 3G Capital for US $28 billion, the largest acquisition in food history.
Billionaire...
The Australian Competition and Consumer Commission (ACCC) has raised concern over Heinz’s proposed acquisition of fellow wet and dry infant food company, Rafferty’s Garden.
The Australian baby food...
McCain Foods this week announced it has completed the acquisition of Kitchens of Sara Lee (KOSL) Australia from Hillshire Brands.
The transaction, initiated on December 18 2012, is valued at $82 million...
Coca-Cola Amatil (CCA) has announced an anticipated growth of 4-5 per cent growth in net profit for 2012, 2-3 per cent below what analysts had predicted.
Attributed to the “high Australian dollar”...
US-owned Coca-Cola Company has announced it is expanding into dairy products following the acquisition of a stake in Fair Oaks Farm Brands with Select Milk Producers Inc, a collective of American family...
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