Vandemoortele announced the acquisition of Dolciaria Acquaviva SpA from Apheon, a mid-market private equity firm, and the Acquaviva family. The Italian business is an established manufacturer of frozen pastry, patisserie, and savory specialties.
company acquisition
Ireland’s Valeo Foods Group completed the acquisition of Dal Colle, an established producer of high-quality bakery products in Italy. Dal Colle produces a range of bakery products, sweet treats and snacks for every occasion including pandori, panettoni and croissants.
Glanbia announced an agreement to acquire Flavor Producers LLC, for an initial consideration of USD 300 million. Flavor Producers is a US flavor platform, providing flavors and extracts to the food and beverage industries, with a focus on organic and natural ingredients.
Private markets manager CVC is investing in Grupo Monbake, a leader in the frozen dough sector in Spain. CVC funds are acquiring the entire stake in Grupo Monbake that was previously held by private equity firm Ardian and its co-investors in this project (Alantra, Artá, and Landon). The price of the transaction has not been disclosed.
The Middleby Corporation acquired GBT GmbH Bakery Technology (GBT), a German company specializing in engineering and manufacturing high-grade industrial baking and bread lines, including tunnel ovens and conveyor systems.
Dawn Foods acquired Royal Steensma, a 185-year-old, family-owned bakery ingredients manufacturing company headquartered in Leeuwarden, The Netherlands. The deal between Dawn Foods and Royal Steensma closed on January 31.
The shareholders of Evolva Holding AG approved the sale of Evolva AG to Danstar Ferment AG, a Swiss affiliate of Lallemand Inc., for CHF 20 million – on December 21. One week later, the parties closed the transaction. Evolva Holding SA will seek the delisting of its shares from SIX Swiss Exchange and expects the delisting to take place after a customary period of 6-12 months.
The liquidation of the company is currently expected to be completed in the first quarter of 2026.
Starting on January 1, 2024, Anton Paar took over the global sales and service network of Brabender, following the August 2023 acquisition. Founded in 1922 in Graz (Austria), Anton Paar specializes in laboratory and process measurement technology with 37 global sales and service centers, and more than 650 certified technicians spanning over 110 countries.
A Ferrero-related company, CTH Invest, entered into exclusive negotiations to fully acquire Michel et Augustin from Danone. Michel et Augustin markets premium products including sweet biscuits, savory biscuits and snacks. These brands are sold mainly in France and in six other markets. The business was founded in the French market in 2004 by Augustin Paluel-Marmont and Michel de Rovira, before being acquired by Danone.
Finsbury Food Group Plc reached an agreement with DBAY Advisors Limited on the terms of its acquisition for GBP 143.4 million. Its shares surged more than 22% after the UK-based bakery group agreed to the takeover.
