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Acquisitions & Divestments
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Kandhari Global expands Coca-Cola bottling network with acquisition of Wave Beverages operations
The acquisition strengthens Kandhari Global’s presence in Punjab and Himachal Pradesh, boosting its position as a key Coca-Cola partner.
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Kraft Heinz to divest infant, specialty food unit in Italy to NewPrinces at US$140M valuation
The agreement will see NewPrinces purchase the infant food brands Plasmon, Nipiol and Dieterba, and specialty food brands Aproten and Biaglut.
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Solina Foods enters South American market with acquisition of Brazil’s New Max
South America, home to over 210 million people in Brazil alone, with strong macroeconomic fundamentals and a fast-evolving food industry, represents a high-potential market for Solina.
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KKR set to acquire 85% stake in Chinese beverage firm Dayao
KKR targets majority control of fast-growing Chinese beverage brand Dayao, boosting its consumer portfolio in Asia.
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German meat firm The Premium Food Group acquires The Family Butchers
The deal gives The Family Butchers access to raw materials and financial support amid falling meat consumption.