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Insolvent Spanish anchovy processor in takeover talks

The Spanish investment group Cantabria Family has made an offer to acquire the anchovy processor Conservas Fredo, under liquidation since February 2017, local media reported this week.

Europe Spain

Italian food group Granarolo expands in the UK

The cooperative group Granarolo acquired, through its subsidiary Granarolo UK, 100% of Midland Food Group, distributor of fresh and frozen food products in the country.
M&A Italy

Dr. Oetker gets go ahead to buy Bake & Co

The European Commission has given Germany’s Dr. Oetker the green light to buy Belgium’s Bake & Co after checking out the proposed deal under the EU’s simplified merger review procedure.
Frozen Foods M&A

Bonduelle buys Del Monte Canada from Conagra

Bonduelle has signed an agreement with Conagra Brands to acquire its Del Monte processed fruit and vegetable business in Canada for CAD43 million (USD34 mln).

Canned & Tomato Products M&A

Croatian soft drinks maker secures much-needed investment

Croatian chemical products manufacturer Meteor has injected HRK214.15 million (USD35.8 mln) into alcoholic and soft drinks producer Badel 1862, in a debt-for-equity swap. The Croatian government has added an additional HRK8.5 mln. 

Beverages Croatia

Dairy partnership no more, as Dutch take control in China

FrieslandCampina has wrested control of a troubled subsidiary from its erstwhile Chinese partner.

FrieslandCampina M&A
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