SOCIÉTÉ EUROPÉENNE DES BEURRES acquired by ARYZTA

Apheon has agreed to acquire a majority stake in Alma, a newly established French premium frozen snacks platform created through the combination of Foo Seng and Varachaux. As part of the transaction, Apheon will partner with Daniel Coutinho, who will remain the Group's CEO and a significant shareholder to support the business throughout its next phase of development. The transaction includes the refinancing of the recent acquisition of Varachaux as well as the exit of the financial investors that backed Foo Seng following its acquisition in 2023

The acquisition of Tate & Lyle by Ingredion represents a strategic move in the food ingredient sector, driven by the potential to generate net cost synergies of approximately $130 million by 2030, following one-time integration costs of $175 million. This transaction aims to bolster Ingredion's position in the global ingredient market, particularly in sweeteners and texturants. By combining the two companies, a broader range of products will be offered to consumers, including sugar reduction solutions and fiber-enriched products

FrenchFood Capital becomes the majority shareholder of Fabulous French Brasseurs, a French brewing group structured around a portfolio of regional brands originating from several integrated craft breweries. The transaction reflects an ongoing consolidation trend within the fragmented craft beer market, where emerging multi-site platforms aggregate industrial assets and locally anchored brand equities. The group positions itself as a national consolidator of regional beer brands, combining territorial anchoring with industrial structuring and operational integration

Danone has signed a definitive agreement to acquire MADE Group, a leading Australian functional nutrition specialist, to bolster its presence in the high-growth health and wellness segments in the Asia-Pacific region. This transaction is part of Danone's Renew strategy, which combines organic development of its historic brands with targeted acquisitions in complementary categories. Through this acquisition, Danone is enhancing its portfolio with several brands that specialize in protein-based beverages, gut health products, and coconut-based foods

CVC Capital Partners has entered into an agreement to acquire IRCA from Advent International, which has evolved into a global platform for ingredients serving the pastry, bakery, chocolate, and ice cream industries over the past few years. IRCA is a B2B manufacturer of high-value-added ingredients and semi-finished products catering to the artisanal, foodservice, and industrial segments. The group operates a global platform with 19 production sites and distributes over 7,000 product references across more than 100 countries, serving a diverse customer base ranging from local artisans to international restaurant chains and food manufacturers

Orchard Foods Valley Ltd (backed by Orkla) has consolidated its position within the sweet ingredients category by executing the 100% share acquisition of Phoenix Brands, a specialized UK-based manufacturer of premium biscuits and baked inclusions. This strategic buy-and-build move establishes a robust operational foothold for the group, driving the localized expansion of its industrial manufacturing capabilities in the UK. The transaction directly reflects the acquirer’s portfolio diversification strategy, which targets high-margin, high-growth ingredient verticals

The combination of Eat Happy and Hana’s European business establishes a unified pan-Asian convenience platform encompassing approximately 5,800 points of sale across 14 European nations. This transaction represents a complete equity realization for Permira Funds within the European market following an expansion period since 2019. The consolidation merges Hana’s deep footprint in Western Europe with Eat Happy’s established network in Central Europe. Blending these complementary operational networks removes regional redundancies and deepens the product matrix offered to major grocery corporations

Global specialty chemicals leader International Flavors & Fragrances (IFF) has entered into a definitive agreement to divest its Food Ingredients division to private equity firm CVC Capital Partners. As part of this corporate carve-out, IFF will roll over an approximate 10% minority equity stake in the newly independent business. This transaction structure ensures continued operational collaboration and technological cooperation between the two entities while allowing the seller's shareholders to participate in future value creation under the sponsor's ownership

Orange Capital Development has finalized the acquisition of an 80% majority stake in Effepi, marking a significant step in the construction of its specialized "Italian Frozen Food Excellence" platform. This strategic move follows the organization's previous acquisition of Gelit, a producer of frozen ready meals, and is designed to create a multidisciplinary frozen food hub. The strategic rationale for the transaction centers on the convergence of high-end dessert production with established savory meal distribution, allowing the group to offer a comprehensive "Italian experience" to global institutional and retail clients

Ambienta SGR, through its Small Cap fund, has acquired a majority stake in The Bridge from the founding Negro Marcigaglia family. The founders have committed to reinvesting alongside the private equity firm and will continue to play a key leadership role in the company's development. The strategic rationale for the acquisition is to capitalize on the robust growth of the plant-based food sector, driven by consumer shifts toward sustainable and healthier diets. Ambienta intends to leverage its international network and sustainability expertise to accelerate The Bridge’s expansion, strengthen its organizational structure, and further invest in product innovation