Mergers and Acquisitions

This weekend, PepsiCo, Inc. announced that it had agreed to acquire Hangzhou Haomusi Food Co., Ltd. ('Be & Cheery'), one of the largest online snacks companies in China, from Haoxiangni Health Food Co., Ltd. ('Haoxiangni') for USD 705 million.

Aviko, one of Europe’s largest producers of fresh, frozen, dried and specialty potato products has reached an agreement with Hongyuan Agriculture to acquire 90% of its shares in Hongyuan Louis

Swiss Bühler Group and Premier Tech from Canada, today announced the formation of a strategic cooperation for industrial flexible packaging solutions. Both companies agreed to build a design and manufacturing center in China.

On of the largest food retailers in the world, the Carrefour Group, announced today the signing of an agreement to sell an 80% equity interest in Carrefour China to Chinese Group Suning.com.

French Fry manufacturer Aviko, a subsidiary of Royal Cosun and Snow Valley Agriculture have agreed to end their joint venture in China.

Farm Frites has signed an agreement with Inner Mongolia Linkage Potato Co. Ltd (Linkage) to set up a joint venture in Wudan Town, Chifeng City in Inner Mongolia in China

ConAgra Foods, Inc., announced that it has acquired TaiMei Potato Industry Limited, a potato processor in Shangdu, Inner Mongolia. The acquisition expands ConAgra Foods Lamb Weston operations in a market that has growing demand for frozen potato products.

Aviko neemt een meerderheidsbelang in een fritesfabriek in het noordoosten van China, die nu Aviko - Snow Valley zal gaan heten. Het bedrijf verwacht de produktie capaciteit fors uit te breiden en een vlokkenlijn toe te voegen

Bühler Group has acquired an 80% stake in Yaoxian Machinery Guangzhou, a Chinese company which is well positioned in Southeast Asia in the market for Asian Pasta production systems.

Bright Food is a hungry company. The Shanghai government-controlled firm is reportedly among the bidders for GNC, an American nutrition-supplement chain.