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Business & Markets
Mergers & Acquisitions
Mergers & Acquisitions
MYGroup enters joint venture with Beta Bugs to secure supply of BSF eggs
MYGroup has entered into a joint venture with insect genetics company Beta Bugs to supply eggs for its black soldier fly (BSF) bioconversion Insectology process for food waste management.
Mergers & Acquisitions
Alltech becomes majority owner of Finland’s only aquafeed plant
Alltech has increased its stake and acquired Finnforel’s share of Alltech Fennoaqua Oy, increasing its shareholding and becoming the company’s majority stakeholder.
Mergers & Acquisitions
Marfrig-BRF merger vote is postponed
The Brazilian Securities Commission grants a request to have the meeting delayed, but the date of the new meeting has not yet been announced.
Mergers & Acquisitions
Poultry farming JV transfers to Boparan Private Office
In the U.K., all shares in the Hook2Sisters poultry meat joint venture (JV) have been sold to Boparan Private Office.
Business & Markets
Cargill to exit aquafeed business in Vietnam
Cargill has exited the aquafeed business in Vietnam and will close two plants in the country.
Mergers & Acquisitions
Marfrig-BRF merger gains regulatory approval
The combination of the two already affiliated protein companies does not pose any competitive risks, Brazil’s Administrative Council for Economic Defense decides.
Mergers & Acquisitions
Teys transitions ownership to Cargill
Cargill will increase its ownership stake to 100% of Teys Australia and Teys USA (Teys), two of the primary operating companies which are jointly owned by Teys and Cargill.
Mergers & Acquisitions
De Heus acquires Voeders Huys, expands production capacity into Belgium, France
This strategic move strengthens De Heus’ position in Western Europe.
Mergers & Acquisitions
IFB Agro to acquire Cargill India’s aquafeed business
The board of directors of IFB Agro Industries Ltd. has agreed to acquire Cargill India’s entire commercial compound shrimp feed and freshwater fish feed business.
Mergers & Acquisitions
DSM-Firmenich completes sale of stake in Feed Enzymes Alliance
DSM-Firmenich has completed the sale of its stake in the Feed Enzymes Alliance to its partner Novonesis for EUR1.5 billion (US$1.7 billion).
Mergers & Acquisitions
Lesaffre and Zilor enter joint venture
Lesaffre has completed the acquisition of a 70% stake in Biorigin, a business unit of Zilor, leading to the creation of a joint venture.
Mergers & Acquisitions
Marfrig, BRF proceed with merger plans
The proposed combined company would be named MBRF Global Foods Company SA.
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