Dessert, beverage and bakery preparations manufacturer, Edlyn Foods has acquired Majestic Food Products.
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VIDEO: The Week in Focus
In our latest Week in Focus video, we wrap-up some of the most read stories from our website this week.
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Craig Mostyn Group snaps up Jade Tiger Abalone
Australia’s largest abalone farm, Victorian based Jade Tiger Abalone has been sold to Western Australian food and agriculture based business, Craig Mostyn Group.
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Black Swan sold to Monde Nissin
Australia’s largest chilled dip manufacturer and brand, Black Swan, has been sold to Monde Nissin Corporation.
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Acquisition opportunities ripe for the picking: report
Grant Thornton Australia says food and beverage businesses need to capitalise on growing acquisition and divestment opportunities.
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JBS S.A. makes a $5.6 billion bid for Hillshire Brands Co
Brazilian food processing company JBS S.A. has made a $5.6 billion bid for Hillshire Brands Co. (HSH), in an attempt to expand its sausage line-up and derail the company’s acquisition of Pinnacle Foods Inc (PF).
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R&R buys Peters Ice Cream
French ice-cream giant R&R have bought Peters Ice Cream for an undisclosed amount.
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Wilmar and First Pacific raise bid for Goodman Fielder
In the bid for Goodman Fielder, Wilmar International and First Pacific have raised their 65 cents per share offer to 70-cents a share, provided major shareholders and the Goodman board pledge their support.
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tna acquires US food processing equipment supplier FOODesign
Global food packaging solutions supplier, tna has announced its acquisition of Oregon based food processing equipment supplier, FOODesign.
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Amcor acquires Indonesian packaging firm for $27m
Amcor has announced it’s entered into an agreement to acquire Bella Prima Packaging, an Indonesian flexible packaging business, for $27 million.
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Forrest buys Harvey Beef for $40m
Harvey Beef has been sold to mining billionaire Andrew Forrest in a deal believed to be worth $40m.
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Pernod Ricard acquires US winery
Pernod Ricard has bought its first US winery, in a move the company says will boost sales of labels including Australian-made Jacob’s Creek.
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Tetra Pak acquires Miteco to enhance beverage capabilities
Food processing and packaging company, Tetra Pak, has acquired Switzerland-based Miteco, which provides production solutions for soft drinks, fruit juices, liquid foods and carbonated soft drinks.
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Hillier’s and Newman’s chocolate brands acquired by Re:Capital
Australia’s first chocolate manufacturer, Ernest Hillier, has been snapped up by Re:Capital, which plans to take the Hillier’s and Newman’s brands overseas.
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Goodman Fielder to axe 125 jobs with Hamilton factory closure
125 New Zealand workers could lose their jobs with the closure of Goodman Fielder’s Frankton facility.
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United Dairy Power sold for $70m
Australia’s biggest privately-owned dairy processor, United Dairy Power, has been sold to Hong Kong-based businessman William Hui for approximately $70 million.
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Saputo snaps up 77 percent stake in Warrnambool
Saputo’s stake in Warrnambool Cheese and Butter keeps growing, with the Canadian company’s hold on the brand now sitting at 77 percent.
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Goodman Fielder denies second bid launched for Frankton site
Goodman Fielder has denied a formal bid has been made for its Hamilton meat business as 125 jobs at the facility remain in jeopardy.
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Saputo’s offer in WCB extended after gaining majority share
Now with a 52 percent stake in Warrnambool Cheese and Butter, Saputo’s offer for the dairy giant has been extended to 4 February.
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Saputo boosts its stake in Warrnambool
Saputo now has a 47.85 percent share in Warrnambool Cheese and Butter, one day before it closes its offer for the dairy giant.
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