Aryzta to sell 43% stake in French frozen food producer Picard
(adsbygoogle = window.adsbygoogle || []).push({}); Swiss food company Aryzta has been given a binding offer from Tunisian investment group Invest Group Zouari (IGZ) to sell the majority of its stake More...
Sodexo invests in Chinese corporate catering platform Meican
Sodexo through its strategic venture capital vehicle, Sodexo Ventures, has invested in corporate catering platform Meican to further strengthen food services of Sodexo, and boost the Chinese food service industry. Meican More...
Pro a Pro adopts Zilliant Sales IQ technology for data-driven decision-making
Pro a Pro, a French food service distributor, has deployed the Zilliant Sales IQ platform, becoming the third company within the German multinational wholesaler METRO group to implement and utilize the sales technology. The More...
Casino Group to sell Indian Ocean retailer Vindemia to GBH for €219m
French retailer Casino Group has agreed to offload its subsidiary Vindemia, a major retailer in the Indian Ocean territories – Reunion Island, Mayotte, Madagascar, and Mauritius, to GBH for €219 million More...
Colgate-Palmolive to acquire Filorga skin care business for $1.7bn
Colgate-Palmolive acquisition of Filorga skin care business : Global consumer products company Colgate-Palmolive has agreed to acquire the skin care business of France-based Laboratoires Filorga Cosmétiques (Filorga) More...
Unilever acquires French derma-cosmetic brand Garancia
Unilever acquisition of Garancia : Unilever has acquired French derma-cosmetic brand Garancia for an undisclosed price. Garancia, which was founded by a pharmacist Saveria Coste in 2004, has 38 facial and body skincare More...
Michelin acquires 88% stake in Indonesian tire manufacturer Multistada
French tire manufacturer Michelin has completed its previously announced acquisition of a stake of 88% in Indonesian tire manufacturer Multistrada Arah Sarana for $480 million, after securing all the required approvals. The More...
Renault’s newly appointed chairman Senard vows to strengthen alliance with Nissan
Senard will become chairman immediately. Deputy chief executive Thierry Bollore will take over Carlos Ghosn’s other Renault role as full CEO, as Ghosn deals with financial crime allegations in Japan. Rough More...
ADM to acquire French animal nutrition business Neovia for €1.5bn
ADM acquisition of Neovia : US food processing company Archer Daniels Midland (ADM) has agreed to acquire French animal nutrition business Neovia for €1.535 billion in a move to create a leading global manufacturer More...
French pharma company Servier to acquire Shire oncology business for $2.4bn
Pharma acquisition news : French pharma company Servier Laboratories has made a $2.4 billion all-cash deal to acquire the oncology business of Irish biotech company Shire. Servier acquisition of Shire oncology business More...