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Asia Pacific: Fosun buys stake in Tsingtao

Fosun International Limited is acquiring from Asahi Group Holdings 243,108,236 H-shares in Tsingtao Brewery Company Limited for HKD27.22 (US$3.48) per share. The total consideration...

Europe: DSM expands into gut health market

DSM expands its offering in gut health ingredients with probiotics with the acquisition of BioCare Copenhagen. The attractive market segment in nutritional ingredients is growing...

Asia Pacific: Vietnam sells state-owned beer companies, report

The Vietnamese government’s sale of a majority share in the two largest state-run breweries offers foreign brewers to take a stake in the country's...

Europe: Hain Celestial company buys sweeteners firm

One of Hain Celestial Group's wholly-owned subsidiaries has acquired Clarks UK, The Natural Sweeteners Company. The company produces natural sweeteners under the Clarks brand, including...

Middle East: Frutarom buys Enzymotec

Frutarom will acquire full ownership of Enzymotec, Israel for US$210 million. The merger will enable full integration of the companies’ activities in the fields of...

Americas: Multi-Color buys labels unit

Multi-Color Corporation has bought the labels division of Constantia Flexibles from Constantia Flexibles GmbH in a cash and equity transaction valued at approximately US$1.3...

Europe: United Caps buys plastic closures unit

United Caps is taking over the plastic closures division of Closures4you. The takeover offer includes 28 mm caps for reusable glass bottles and for...

Europe: Tetra Pak buys filling machine maker

Tetra Pak buys Big Drum Engineering, a supplier of filling machines for the ice cream industry. The acquisition of will strengthen Tetra Pak's presence in...

Europe: GEA sells ice machine factory

The GEA Group Aktiengesellschaft is selling its ice machine production in Les Sorinières, France, following a management buyout. GEA sold the business as the...

Americas: Givaudan buys Brazilian company

Givaudan is buying the Nutrition Division of Centroflora Group, as part of its 2020 strategy to strengthen its global offering of natural extracts and...