CANADA > US based fast food chain Chick-fil-A is expanding to Toronto

chick fil a logo US based Chick-fil-A Inc. is set to expand to Toronto next year. Chick-fil-A is an Atlanta based fried chicken seller and the company plans to open 15 locations in Toronto area over the next five years with three in 2019. Seventh biggest fast food chain in the US by annual sales number, Chick-fil-A plans to experience and learn from Toronto as More …

FRANCE > USA based ezCater is set to acquire France based GoCater

ezcater logo As its first ever international expansion, US based ezCater is set to acquire France based GoCater. ezCater lets one order breakfast, lunch or dinner from 10 to  100 people and is particularly useful to impress a client, throw an office party and get lunch together during an offsite. ezCater is a marketplace and doesn’t cook anything itself. It serves its More …

ALGERIA > Austria based AGRANA is set to acquire 49% of share of Algeria based Elafruits SPA

tweet165 AGRANA, the fruit, starch and sugar group, has extended its presence in Africa by acquiring 49% of Elafruits SPA. Elafruits is located in Akbou, Algeria employing around 100 employees and it generated around 7 million euro in 2017 financial year. AGRANA is a global fruit company that maintains 29  production sites in 21 countries. Elafruits also makes fruit purées and More …

KAZAKHSTAN > IFC is set to invest $25 million in KazFoodProducts to boost agribusiness in Kazakhstan

IFC logo     IFC is set to invest $25 million in KazFoodProducts LLP. KazFoodProducts is a leading Kazakh food processing company that operates in grain milling and confectionary sectors. IFC also aim to boost Kazakhstan’s agricultural sector with the investment while also expanding the company’s expansion plan along with enhancing global food security. A company that processes and distributes flour, wheat More …

CZECH REPUBLIC > USA based Mondelēz International invests $200 million in Czech Republic biscuit plant

mondelez logo As a part to accelerate growth in Europe and also due to the Company’s Global Supply Chain Reinvention Journey, Mondelēz International invests $200 Million in its Czech Republic biscuit plant in Opava. Currently Opava plant employs around 1000 employees and produces brands like Oreo, belVita, Milka and Cadbury for the European market. According to said Daniel Myers, Executive Vice President, More …

RUSSIA > Germany based DMK Group is set to acquire 100% of Russia based RichArt Group

DMK logo Germany’s largest dairy cooperative, DMK Group is set to acquire the remaining 40% shares of Russia based IKAM Richart Holding GmbH which makes DMK the sole shareholder of the Russian cheese manufacturer RichArt Group . RichArt Group is based in the Voronezh region, Russia. According to Ingo Müller, CEO of the DMK Group: “In focusing our business and expanding further More …

USA > Denmark based Bakkafrost acquires USA based North Landing Ltd

Bakkafrost logo Denmark based Bakkafrost is set to acquire all the outstanding shares of North Landing Ltd. North Landing is the Salmon importer of Bakkafrost and the deal is expected to be closed at the end of May 2018. To better serve its customers, Bakkafrost aims on establishing a base of operation in the US. Over the last decade Bakkafrost has increased More …

ISRAEL > USA based International Flavors & Fragrances Inc. is set to acquire Israel based Frutarom for $7.1 billion

IFF logo   International Flavors & Fragrances Inc.(IFF) and Frutarom have entered into a definite agreement under which IFF will acquire Frutarom in a cash and stock transaction for approximately $7.1 billion including the assumption of Frutarom’s net debt. Unanimously approved by the Board of Directors of both companies, Frutarom’s shareholder will receive $71.19 in cash and 0.249 of a share of More …