Acquisitions

General Mills Misses Sales Estimates As Snacks Demand Fall

Cheerios cereal maker General Mills Inc reported quarterly sales below Wall Street estimates on Wednesday, hit by lower snacks demand in North America, sen...

Mondelēz Completes Sale Of Cheese Business In MEA Markets To Arla

Mondelēz International has announced that it has completed the sale of its processed cheese business in the Middle East and Africa (MEA) to dairy giant Arl...

Coop Sweden Acquires Netto's Swedish Stores

Coop Sweden has announced that it has acquired Salling Group's Netto retail chain in the country. Chief executive of Coop Sweden, Magnus Johansson, welc...

Spain's GBfoods Nears Deal With CVC To Buy Continental Foods

Spain's GBfoods, part of the family-owned Agrolimen group, has entered into exclusive final negotiations with private equity firm CVC to buy Continental Fo...

Amazon Buys Warehouse Robotics Startup Canvas Technology

Amazon.com Inc has announced the acquisition of Canvas Technology, a robotics startup in Boulder, Colorado, that has built autonomous carts that can move g...

Kraft Heinz Completes Sale Of Indian Brands To Zydus Wellness

Kraft Heinz has announced that it has completed the sale of its Indian brands - Complan, Glucon-D, Nycil, and Sampriti - to Zydus Wellness Limited and its...

Groupe Avril Acquires German Lecithin Maker Lecico

French food company Groupe Avril has announced that it has acquired German lecithins and phospholipids maker Lecico. The general manager of the Avril OI...