Sea Harvest initiates proportional takeover of Mareterram
April 11, 2016

South Africa’s Sea Harvest has proposed a proportional takeover of Western Australian seafood company Mareterram. Mareterram is split into two divisions, Mareterram North West and Mareterram Foods. Mareterram North West is the fishing division of the company, located in Shark Bay, Western Australia. It catches prawns, scallops, crabs and cuttlefish. Mareterram Foods sells and markets the seafood caught by Mareterram North West. Sea Harvest, one of South Africa’s largest fishing companies, is... ...Read more »

Domino’s completes its acquisition in France
January 27, 2016

Domino’s has now completed its acquisition of well-known French pizza chain ‘Pizza Spirit’ for $AUD54.15 million.   “Further to the announcement on 14 October 2015, Domino’s Pizza Enterprises Limited is please to advise that the acquisition of Pizza Sprint was completed overnight (Australian time),” Dominos said in a statement issued this week to the Australian Securities Exchange (ASX).   Pizza Sprint was founded in 1991 and has 89 stores located across France. The acquisition... ...Read more »

WA grain group acquires SA’s oat product manufacturer Blue Lake Milling
June 29, 2015

Large WA-based grain growing cooperative CGH Group has acquired South Australian-based oat product manufacturer Blue Lake Milling. CBH Group says the acquisition is part of its plans to grow oat production and to take the oat products into its overseas markets. “The investment provides the co-operative with the ability to tap into the south-east Asian oat market and develop a significant regional presence,” said CBH Group Chairman Wally Newman. Mr Newman said south-east Asia has a growing middle-class... ...Read more »

A2 Milk Company takeover duo revealed
June 24, 2015

Freedom Foods Group and large US food manufacturer Dean Foods Company have been officially revealed as the interested parties wanting jointly to take over the A2 Milk Company. The A2 Milk Company had earlier announced that two unnamed companies had approached the A2 Milk Company but by Wednesday 24 June 2015 the Australian Stock Exchange had made it imperative to disclose the names of the interested parties given the serious media speculation. Freedom Foods Freedom Foods is a publicly-listed Australian-based... ...Read more »

Price not yet right for potential Tassal acquisition of De Costi Seafoods
April 20, 2015

Price not yet right for potential Tassal acquisition of De Costi Seafoods Australian salmon company Tassal Group Limited (Tassal) has responded to speculation in the media that a potential acquisition of De Costi Seafoods, one of the largest names at the Sydney Fish Market, has been completed, saying this is not yet the case. Industry commentators have suggested that the price is not yet right for Tassal. Mark Ryan, Managing Director and CEO of Tassal said that should a deal with De Costi Seafoods... ...Read more »

Goodman Fielder CEO departs as sale to Asian giants settles
March 18, 2015

Goodman Fielder CEO departs as sale to Asian giants settles It was announced today that Scott Weitemeyer will be appointed Managing Director and Chief Executive Officer of Goodman Fielder, replacing Chris Delaney. The announcement co-incided with the implementation today of the Scheme of Arrangement under which Asian agribusiness company Wilmar and Hong Kong-based investment management and holding company First Pacific have acquired 100 per cent ownership of Goodman Fielder. Goodman Fielder is one... ...Read more »

Goodman Fielder takeover approved by China
February 16, 2015

Goodman Fielder takeover approved by China Australian food manufacturer Goodman Fielder has announced that the Anti-Monopoly Bureau of the Ministry of Commerce of the People’s Republic of China (MOFCOM) has approved Goodman Fielder’s proposed takeover by Wilmar International Limited (Wilmar) and First Pacific Company Limited (First Pacific). The proposed acquisition has been approved by China under the Anti-Monopoly Law. Goodman Fielder has advised that approval from the Overseas Investment Office... ...Read more »

Warrnambool Cheese and Butter announces leadership changes following Saputo takeover
December 8, 2014

Warrnambool Cheese and Butter announces leadership changes following Saputo takeover Australian-based dairy company Warrnambool Cheese and Butter Factory Company Holdings Limited (WCB) has announced that Mr Kai Bockmann, currently the President and Chief Operating Officer of Saputo Inc.’s Dairy Division (International), will assume the leadership role in WCB as WCB’s President and Chief Operating Officer, effective on 1 April 2015. The company had previously announced that WCB’s... ...Read more »

Goodman Fielder sale to take ‘longer than expected’
September 17, 2014

Goodman Fielder sale to take ‘longer than expected’ Food manufacturing company Goodman Fielder has said the acquisition deal with Hong Kong-based investment management and holding company First Pacific Company Limited (First Pacific) and leading Asian agribusiness company Wilmar International Limited (Wilmar) is likely to take three months longer than first expected due to approval delays in China. Goodman Fielder’s brands include Meadow Lea, Praise, White Wings, Pampas, Mighty Soft,... ...Read more »

MAURI anz: George Weston Foods’ Weston Milling and AB Mauri merge
September 1, 2014

Newly formed Mauri anz comes from the merger of Weston Milling (George Weston Foods) and AB Mauri George Weston Foods (GWF) has announced the merger of its Weston Milling business with AB Mauri’s Australia & New Zealand operations.   Effective from today, the new entity launches as MAURI anz, a division of GWF and an affiliate of the global AB Mauri business (both of which are divisions of Associated British Foods). The strategic move represents a significant investment locally and brings... ...Read more »

Next Page »