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Saturday 23 November 2024
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J.M. Smucker tops Q3 earnings on strong coffee performance

ORRVILLE, Ohio, U.S. - The J.M. Smucker Company, the makers of Folgers coffee, posted better-than-expected earnings in the third quarter of fiscal 2016. The company said its bottom line advanced to $246.0 million.

Lavazza to buy French brand Carte Noire for EUR750 million

MILAN - Lavazza is expected to close in a few weeks the purchase of Carte Noire, the French market leader in coffee with about 20% market share in the retail channel, according to sources close...

MZBG announces acquisition of SZWI, held by Chairman and CEO Massimo Zanetti

The Board of Directors of Massimo Zanetti Beverage S.p.A. ("MZBG" or the "Company") met today and authorized the acquisition, through the subsidiary Segafredo Zanetti...

Volcafe acquires Brazil’s Custódio Forzza

LONDON, UK - Volcafe Brazil, a unit of ED&F Man, has acquired the coffee assets of Brazil's Custódio Forzza Comercio e Exportacao Ltda., the...

Premier Capital buys McDonald’s Romania operations

BUCHAREST, Romania - McDonald’s Romania, the largest player on the local restaurants market, with revenues of about EUR 100 million, has sold its 67...

Cott Corporation announces closing of Aquaterra acquisition

TORONTO, ON and TAMPA, FL, U.S. - Cott Corporation has closed its previously announced acquisition of Aquaterra, Canada's oldest and largest direct-to-consumer home and...

Keurig Green Mountain to be acquired by JAB Holding Company-led investor group in $13.9 billion deal

WATERBURY, Vt., U.S. - Keurig Green Mountain, Inc. and JAB Holding Company announced on Monday that the companies have entered into a definitive merger...

DTS8 Coffee updates on acquisition of U.S. coffee roasting company

MINDEN, Nev., U.S. - DTS8 Coffee Company, Ltd. reports that it has successfully completed the initial phase of due diligence on the wholesale, coffee...

Olam International closes ADM Cocoa acquisition to create globally integrated cocoa business

SINGAPORE- Olam International Limited (“Olam’’), a leading agri-business operating across the value chain in 65 countries, is pleased to announce that the acquisition of...

Unilever acquires GROM

Unilever has acquired the premium Italian gelato business, GROM. The first GROM shop was opened in Turin in 2003 by friends Federico Grom and...

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