Acquisitions & Divestments
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Guala Closures completes acquisition of Metal Crowns in East Africa
The acquisition expands Guala Closures’ manufacturing and distribution footprint across Kenya, Tanzania and Burundi, strengthening its presence in East Africa’s beverage packaging market.
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Mahou San Miguel expands coffee business with two acquisitions
The acquisition complements Café170 as Mahou San Miguel targets a nationwide hospitality coffee rollout while continuing to diversify its beverage portfolio beyond beer.
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Hain Celestial to sell international business to Aurelius
The transaction includes major food and beverage brands and is expected to leave Hain focused on its North American portfolio and debt reduction.
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Nestlé to sell vitamins and supplements business US$1B
The divestment covers Nature’s Bounty, Osteo Bi-Flex and Puritan’s Pride as Nestlé focuses its portfolio on coffee, petcare, food and snacks.
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JBS makes fresh bid to acquire remaining Pilgrim’s Pride shares
JBS is seeking full ownership of Pilgrim’s Pride in a proposed stock-for-stock transaction that could simplify its corporate structure and remove the poultry company from Nasdaq.