[5/27/2005] Aarhus United and Karlshamns AB to Merge
Denmark-based agro-industrial investment company United International Enterprises (UIE), a large shareholder in Denmark-based fats and oils company Aarhus United A/S, has announced that in cooperation with Melker Schörling, the main shareholder of Sweden-based specialty fats producer Karlshamns, intends to submit a joint offer to the shareholders of Aarhus and Karlshamns to take over their shares and merge the two organizations. Denmark based Aarhus United A/.S has announced that
[5/26/2005] Nutrinnovator Reaches Agreement to Buy Provexis
According to an article on just-food.com, UK-based nutritional products company Nutrinnovator Holdings PLC has announced that it has reached agreement to the previously announced acquisition of UK-based functional food company Provexis Limited. According to the article, the deal values Provexis at approximately £6.3m (US$11.5m) and the merged operation will operate as Provexis plc. Also according to the article, Provexis' lead technology is CardioFlow which is a proprietary extract of tomato, and the first commercially available product containing CardioFlow will be a fruit juice drink called Sirco, targeted for the final quarter of 2005.
[5/25/2005] SunOpta Announces Agreement to Acquire Earthwise Processors
Canada-based natural and organic company SunOpta Inc. (STKL) (CA:SOY) has announced that it has reached an agreement to acquire the assets and business of Earthwise Processors LLC (Earthwise), of Moorhead, Minnesota. According to the company, Earthwise has annual revenues in excess of $10.0 million dollars, and produces organic and identity preserved non-genetically modified grains, primarily focused on soy.
[5/13/2005] Cadbury Schweppes Buys Green & Black's
UK-based confectionary company Cadbury Schweppes has acquired UK-based organic chocolate company Green & Black's for an estimated price of £20m. According to the release, Green & Black's is the fastest-growing confectionary brand, with 5.1% of the UK market for block chocolate, and sources its cocoa beans from countries such as Madagascar and the Dominican Republic under Fairtrade agreements.
[5/12/2005] Natraceutical to Acquire BRAES group
Spain-based Nateaceutical has agreed to acquire fruit and vegetable extract company BRAES Group from 3i Group PLC for 80 million Euros. According to the company, the acquisition is the beginning of our project for "growth through acquisitions of complementary firms in terms of products, technology, R&D, customers and markets."
[5/11/2005] NOW Foods Acquires Personal Care Products Manufacturer
US-based NOW Foods has announced the acquisition of US-based Burnham Labs, a contract manufacturer of personal care, health and beauty aids, and cosmetic products located in Niles, Illinois. NOW has acquired all of the company's assets including the equipment, formulas and employees necessary to manufacture these products with the former owners operating as active consultants.
[5/3/2005] PAI Partners Acquires Chr. Hansen
France-based PAI partners has acquired the food ingredients activities of Denmark-based Chr. Hansen, with the intention of maintaining the company's Hørsholm, Denmark decision center, with Lars V. Frederiksen, current Executive Vice President, Business Operations, assuming responsibility as CEO of Chr. Hansen, and the existing management team, Leif Nørgaard (CFO), Hans Thorkilgaard (Executive Vice President, Global Production and Supply) and Peter Olesen (Executive Vice President, RD&A) continuing.