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Vietnam sugar producers merge to compete with Thai sugar

Vietnamese sugar company Thanh Thanh Cong Tay Ninh (SBT) is acquiring Bien Hoa (BHS) in the hope being competitive in both the domestic and regional market, according to local press reports.

Vietnam Sugar

Inventure Foods sells frozen foods division

The specialty food manufacturer has entered into an agreement for the sale of its frozen fruits, vegetable blends, beverages, and frozen desserts business to Oregon Potato Company, for USD50 million.

Frozen Foods Operations

Pom Wonderful maker buys fruit grower

California-based food and beverage outfit Wonderful Co, which owns the Pom Wonderful fresh fruit and juice brand, has acquired Ruby Fresh Inc, a pomegranate grower and distributor, for an undisclosed sum.

Fresh Fruit & Vegetables Commercial

Bunge buys controlling stake in palm oil firm IOI Loders

Agricultural commodities giant Bunge Ltd has agreed to buy a 70% stake in Malaysian palm oil products company IOI Loders Croklaan for USD946 million.

M&A Bunge

Barry Callebaut expands specialities & decorations business

Swiss chocolate giant Barry Callebaut is expanding with the acquisition of the ingredients division of US company Gertrude Hawk Chocolates.

M&A Deals

Ackman sells stake in frozen food processor Nomad Foods

Ackman’s Pershing Square Capital Management, largest shareholder of the company, announced the start of a public offering for the hedge fund’s stake of more than 33 million shares. The stake would be worth USD497 million at Tuesday’s closing price of USD14.92 a share, Reuters reported.

United States Frozen Foods
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