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FOOD AND AGRIBUSINESS ACQUISITIONS
Wipro bags $1 billion deal from Olam Group; to acquire Mindsprint for $375 millionThe deal is expected to close by the end of June 2026, after which Mindsprint will become a wholly owned subsidiary of Wipro, the Indian ...- Agro insolvencies see surge in deal activityInvestors are actively acquiring struggling agro businesses. These deals offer processing facilities, supply chains, and licenses at signif...
- LT Foods set to buy Hungary's Global Green for Rs 25 millionLT Foods makes a significant move by acquiring Global Green Europe Kft, a leading Hungarian company specializing in processed and canned fo...
- LT Foods to acquire European processed foods co Global Green Europe Kft for €25 millionLT Foods is set to acquire Hungary-based Global Green Europe Kft for approximately 25 million euros, aiming to bolster its European package...
- B2B food processing startup Suite42 raises $4.3 million in funding led by Omnivore, OriosSuite42 plans to use the funding for talent acquisition, developing the ‘Suite42 Standard’ in the food processing ecosystem, launching raw ...
- Adani targets food staples business for expansionBillionaire industrialist Gautam Adani will be pouring more resources into acquisitions as he doubles down on his bet on the food staples b...
- ITC to invest $2 bn to expand capacity in FMCG, paper, packaging, agri-bizITC chairman and managing director Sanjiv Puri said the company is setting up new plants such as for spices which will cater to both export...
- NCLT approves amalgamation of Sunrise Foods with ITC, says companyIn a notice to the stock exchanges, ITC said the Kolkata bench of NCLT has approved the amalgamation effective April 1, 2021. It also said ...
- Agritech platform DeHaat acquires SaaS startup FarmGuideAs part of the DeHaat-FarmGuide acquisition deal, FarmGuide’s founding team will now join DeHaat and build a full-stack platform for agribu...
- ITC wraps up acquisition of Sunrise Foods in all-cash deal valued at Rs 2,150 croreSales of sauces, dressings and condiments are estimated to be around Rs 18,000 crore driven by urban consumers increasingly switching from ...
- VC firm Omnivore Partners to close half of its $90-million fundThe firm plans to invest the fund in up to 20 agritech and rural innovation-specific startups next year.
- India Agri Business Fund II to invests $15 million in Cremica FoodCremica - whose product range include chips, sauces, sandwich mayonnaise, salad dressings and syrups - is eyeing Rs 1,000 crore turnover by...
- Lactalis eyeing more buyouts in Indian dairy sector to consolidate presenceLast month, the world’s largest dairy group agreed to acquire the dairy business of Indore-based Anik Industries for Rs 470 crore.
- Lactalis eyes more buyouts in Indian dairyWhen contacted, Lactalis India CEO Rahul Kumar admitted their plans to further consolidate the presence in the Indian dairy space through a...
- Jain Irrigation's Rs 792 crore stake sale gets CCI approvalJain Irrigation Systems (JISL) today got CCI approval for selling its stake worth Rs 792 crore in the company and its food subsidiary JFFFL...
- Camson Biotech acquires Deccan & Srushti AgroCamson has captured the complete cycle of agri produce and become the first company to have complete agri-solution in India.
- Agri-business cos likely to attract more private equity, venture capital funds: ReportIndia's agri-biz cos are likely to attract more funds in the coming years with more potential seen in the farm sector by venture capital an...
- Cargill to re-enter packaged food businessUS agri-business conglomerate Cargill plans to re-enter the packaged food market in India with staples and cereals over the next two years ...
- Godrej Agrovet eyes 15% turnover growth in FY'11Diversified agri-business company Godrej Agrovet is expecting a 15 per cent growth in turnover, which was Rs 1,600 crore last year, in FY 1...
- McCormick sets sight on southern spice brands Eastern and Lalah'sSpices and curries are the flavour of the season. World’s largest spice and seasoning company, US-based McCormick, has renewed work on its ...
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