Heck to Buy Back Stake From PE Group Panoramic
Heck Food is buying back the 25% stake held by private‑equity firm Panoramic, ending an 11‑year partnership and restoring full family ownership. The deal’s financial terms were not disclosed, but the move coincides with a strong fiscal year where turnover jumped 30.6% to £32.2 m and operating profit rose to £1.2 m. Heck also announced a factory extension in Bedale to increase capacity. Management cites sustained category performance despite cost pressures from wage hikes, packaging taxes and a tight labour market.
JBS Staff at US Plant to Strike Next Week
Union members of the United Food and Commercial Workers (UFCW) will walk out at JBS’s Swift Beef plant in Greeley, Colorado on March 16 after eight months of contract talks. The union cites unsafe conditions, modest wage offers—under 2% annual...
Atria Takes Minority Stake in Swedish Convenience Food Group
Finnish food group Atria has purchased a 25% minority stake in Swedish convenience‑food producer Cookin Food Sweden, buying the share from parent Bite Delight. The transaction includes an option for Atria to acquire the remaining shares after 2028. Atria says...
Meiji to Invest in Hello Panda Production in US
Japanese food conglomerate Meiji Holdings announced a ¥10 bn ($63.4 m) investment to add Hello Panda biscuit production at its York, Pennsylvania plant. The project allocates about $55 m to Hello Panda lines, with the remaining funds upgrading equipment for other brands such as Stauffer’s...
Activist Investor Starboard Piles on Pressure for Lamb Weston
Lamb Weston, the global potato‑product supplier, is facing fresh activist pressure as Starboard Value, which now holds a sizable stake, urges a strategic review of its overseas operations. The New York‑based hedge fund recommends divesting select APAC assets and doubling...
Fleury Michon to Open First US Factory
Fleury Michon’s MarfoFMA division will open its first U.S. production plant in South Covington, Kentucky, investing over $37 million to convert a former White Castle distribution site. The facility will manufacture frozen meals for airline customers across the U.S., Canada and Europe, adding...
Conagra Brands Invests in US Poultry Factory
Conagra Brands announced a $220 million multi‑year expansion of its Fayetteville, Arkansas plant, aimed at boosting chicken production capacity and adding more than 100 jobs over the next five years. The facility, which already ships roughly 15 million cases of ready‑to‑eat meals...
Comvita Refutes Speculation of Share Interest From Fraser and Neave
Comvita publicly denied a media report that Singapore‑based Fraser and Neave had taken a stake in the manuka honey producer. The company reiterated that it has not received any investment from F&N and will not comment on market speculation. Simultaneously,...
LSDH Buys French Biscuit Maker Chambord
French food‑and‑drink group LSDH announced the acquisition of Biscuiterie Chambord, a regional biscuit maker founded in 1978. The deal, terms undisclosed, adds a 3,000 m² facility, two workshops and 11 retail points serving the Centre‑Val de Loire region. LSDH, which operates...
DalterFood Expands Cheese Distribution with For Food France Acquisition
Italian dairy group DalterFood announced the acquisition of For Food France, creating a dedicated French commercial subsidiary to distribute its flagship cheeses such as Parmigiano Reggiano and Grana Padano. The deal supports DalterFood’s targeted growth strategy across Europe, complementing existing operations in...
LDC to Buy France Poultry From Saudi Group Almunajem
French poultry leader LDC announced the acquisition of 100 % of France Poultry from Saudi Almunajem Group, alongside a 35.5 % stake in hatchery‑feed firm Yer Breizh. The transaction, cleared by a Rennes court administrator, builds on LDC’s 2018 takeover of the...
Libstar Rejects Takeover Interest Deemed as Below “Fair Value”
South African food group Libstar announced it will not pursue any of the non‑binding takeover approaches it received, judging them to be below the company’s fair value. The board cited the firm’s medium‑ to long‑term outlook and recent financial performance...
Cal-Maine Shells Out for Another US Egg Business
Cal‑Maine Foods announced the acquisition of Creighton Brothers and its Crystal Lake egg‑product unit for roughly $128.5 million. The deal adds about 3.2 million laying hens—including 500,000 cage‑free birds—and 865,000 pullets, along with a feed mill, 1,007 acres of land, and a...
Orior Buys Pasta Maker Pastificio Gaetarelli Outright
Swiss food group Orior completed the acquisition of the remaining 81% stake in Italian fresh‑pasta maker Pastificio Gaetarelli for a mid single‑digit‑million euro consideration. The deal solidifies Orior’s presence in the premium fresh‑pasta segment and keeps Gaetarelli operating independently under...
Global Eggs Gets Investment From PE Firm Warburg Pincus
Global Eggs announced a private‑equity investment of up to $1 bn from Warburg Pincus. The deal values the multinational egg producer at roughly $8 bn. The company, founded in 2018, now runs more than 50 farms across the United States, South America and...
Grupo Alacant to Snap up Irish Ice-Cream Peer Silver Pail
Spanish ice‑cream group Grupo Alacant, backed by private‑equity firm InvestIndustrial, announced it will acquire Ireland’s Silver Dairy Ventures (Silver Pail). The deal, terms undisclosed, is projected to generate roughly €300 million in annual revenue for the combined entity. Silver Pail, based in Fermoy...
Kraft Heinz and the Structural Reckoning Facing Legacy CPG
Kraft Heinz’s recent decision to pause a split underscores a broader crisis for legacy packaged‑food firms. The company’s relentless focus on zero‑based budgeting and margin expansion delivered short‑term cash flow but culminated in a $15.4 billion goodwill impairment, exposing the limits...
Lantmännen Buys Pair of Slaughterhouses in Sweden
Swedish agri‑cooperative Lantmännen, through its meat arm Scan Sverige, agreed to buy two northern slaughterhouses—Delsbo Slakteri and Jämtlandsgården Livsmedel. The facilities, focused on beef and lamb, generate about SEK 190 million in turnover and employ roughly 40 people. The acquisition is intended...
Europe Losing Investment Attractiveness for Food, Drink Producers, Says Survey
A FoodDrinkEurope survey shows Europe has slipped to third place as a preferred location for food and drink manufacturing investment, behind Asia and North America. Only 31% of CEOs view Europe as attractive, yet 51% still plan to increase spending...
Fazer Looks to M&A After “Record” 2025 Sales
Finland's Fazer Group reported record €1.19 bn sales in 2025, up from €1.18 bn, despite a 2.5% dip in comparable EBITDA to €137.8 m. CEO Christoph Vitzthum signaled openness to M&A to reinforce growth, especially after strong confectionery performance and easing cocoa prices....
Nasta Pet Food Snaps up FirstMate
French family‑owned Nasta Pet Food has acquired Canada‑based FirstMate Pet Foods, adding a limited‑ingredient portfolio to its international mix. The deal expands Nasta’s North American commercial and manufacturing platform, bringing combined dry‑food capacity to 54,000 tonnes and wet‑food capacity to 4,000 tonnes...
Pure Treats Buys Primal Pet Foods From Private-Equity Owners
Pure Treats, the Montreal‑based pet‑snack maker behind PureBites and PureSnacks, announced the acquisition of rival Primal Pet Foods from Kinderhook Industries. The purchase price was not disclosed. The deal brings Primal’s freeze‑dried and frozen food lines and its manufacturing plants...
2 Sisters’ Owner Expands Poultry Presence with Germany Acquisition
2 Sisters Food Group, through Boparan Private Office, has acquired German turkey and chicken processor Heidemark for an undisclosed amount. Heidemark, which generates roughly €760 m in annual sales and employs 2,300 staff across five sites, will operate under the Storteboom...
