Tonic brand Fever-Tree appointed a new director, Kevin Havelock. Considering he leads Unilever’s sodas division, there is speculation that Unilever may acquire Fevertree Drinks and that has boosted its share.
Nestlé and Ferrero struck a deal regarding the former’s American chocolate division. The Nutella manufacturer will pay 2.4 billion euro to become the world’s third largest chocolate manufacturer. At the same time, Nestlé can turn its attention to healthier options in the United States.
Italian Ferrero and Swiss Nestlé are close to a deal for the former to acquire the latter’s American chocolate division. Nutella and Tictac’s manufacturer would be willing to pay 2.8 billion dollars to get brands like Butterfinger and Baby Ruth.
The French Bureau of Competition has approved franchise group Les Mousquetaires' acquisition of DIY chain Bricorama. The deal will catapult Les Mousquetaires into the third position in the French DIY industry.
American surfing brand Quiksilver acquired its Australian competitor Billabong after it had tabled a bit late last year. The Australian company has been in financial turmoil for a while and both have now reached an agreement.
Acquisition talks between Belgian fruit and vegetable processor Greenyard Foods and its American competitor Dole have not yielded anything. Greenyard would have become the world’s largest fruit and vegetable processor, had the deal been finalized.
It seems the sale of Dutch store chain Hema is not going all too well. According to local business paper FD, there are only two or three interested parties. Not a single strategic partner seems interested, only investment firms.
Belgian fruit and vegetables seller Greenyard has confirmed it is close to acquiring American competitor Dole Food, although the target is twice its own size. Together, they would become the world’s largest in this industry.
Unibail-Rodamco acquired its competitor Westfield for 14 billion euro and will gain control over 35 shopping center (33 in the United States). The resulting company will become the world’s largest real estate company.
German Oetker Gruppe, known for its frozen Dr. Oetker pizzas, has acquired Belgian industrial bakery Diversi Foods. The company is a major frozen bread supplier for Belgian and Dutch supermarket chains.