TEQUILA PARTIDA acquired by LUCAS BOLS COMPANY

Monster Beverage Corporation has entered into a definitive agreement to acquire CANarchy Craft Brewery Collective LLC for a total cash consideration. This acquisition represents a landmark strategic pivot for Monster, serving as its primary entry point into the alcoholic beverage sector. The transaction includes CANarchy’s full industrial infrastructure, alcoholic beverage licenses, and a dedicated management team with deep expertise in malt-based product development and manufacturing. A key element of the deal structure is the independence of CANarchy’s organizational structure, which will continue to function separately from Monster’s core energy drink business

Benson Hill has acquired the assets of ZFS Creston, LLC from Zeeland Farm Services. This strategic acquisition provides Benson Hill with immediate industrial capacity to process its proprietary "Ultra-High Protein" soybeans into value-added ingredients (soy flour, white flake) for the human and pet food markets. By acquiring an existing operational facility rather than building a new one (Greenfield), Benson Hill accelerates its speed to market and secures a scalable supply chain for its "clean label" ingredients

TA Associates acquired a majority stake in Nactarome from Ambienta SGR SpA, with Nactarome management retaining minority equity alongside the seller. This secondary buyout transitions control of the Italian flavours platform, financed via TA's debt fund following a competitive auction managed by Lazard. The move aligns with TA's thesis on high-margin B2B food ingredients, where Nactarome's natural flavours and clean-label prowess—bolstered by bolt-ons like Nactis and IPAM—offer organic R&D-led growth plus tuck-in potential

Unilever agreed to sell its global tea business, ekaterra, to CVC Capital Partners Fund VIII. The deal is structured as a full‑control carve‑out, with Unilever retaining its tea operations in India, Nepal, Indonesia, and its 50% stake in the Pepsi‑Lipton ready‑to‑drink tea joint venture and related distribution businesses, while the ekaterra perimeter includes all other tea brands and production assets. The transaction was the result of a competitive, multi‑bidder process advised by Goldman Sachs and Centerview Partners on the sell‑side, with CVC’s offer—prepared with Spayne Lindsay & Co and Citigroup—outperforming competing bids from Carlyle and Advent

BGH Capital acquired a controlling stake in Laurent Bakery Group. The transaction involved the exit of a silent co-investor and the reinvestment of founder Laurent Boillon, who remained a significant shareholder and Director. The strategic rationale for the deal is the massive growth potential of the group’s wholesale division, particularly its national supply contract with Coles. BGH aims to capitalize on the shift in Australian consumer preferences toward high-quality, traditional French baking, which was previously underserved in the mass market

Biscuit International acquired Continental Bakeries from Goldman Sachs Asset Management. This "transformational" deal allows the group to effectively double its size, increasing revenue from EUR530 million to over EUR900 million. The combined entity employs 4,500 people and operates 33 factories with a production capacity of 300,000 tons per year. The transaction was financed through a capital increase subscribed by Platinum Equity and the management team, alongside new debt facilities. The deal creates an undisputed pan-European giant with over 80% of sales generated outside France

DSM has entered into a definitive agreement to acquire First Choice Ingredients. This acquisition strategically expands DSM's Food & Beverage offering by adding a leading position in the US savory dairy flavor market. The deal allows DSM to leverage its global distribution network to accelerate First Choice Ingredients' growth outside the US, while integrating their proprietary fermentation technologies into DSM's existing portfolio of enzymes and cultures.

Lionel Wolberg, leading a prominent financial consortium comprising FrenchFood Capital, Bpifrance, and Tikehau Capital, has successfully completed the acquisition of Markal. This strategic corporate transmission represents a major milestone for the Drôme-based pioneer, which boasts an established revenue profile of EUR 68 million and a workforce of approximately 70 employees. The transaction architecture was structured to ensure long-term corporate stability and continuity, with the historical founding Markarian family rolling over a portion of their assets to retain a meaningful minority stake alongside the new ownership

Ardian has acquired a majority stake in Florida Food Products (FFP) from MidOcean Partners. Under the terms of the agreement, MidOcean, which first invested in FFP in 2018, will retain a significant minority equity stake alongside Ardian. The partnership aims to accelerate FFP's strategic plan through further investment in R&D, infrastructure, and acquisitions to expand its portfolio of natural ingredient solutions. The deal represents a major exit and reinvestment for MidOcean, validating the rapid growth of the clean label sector

3i Group has invested in Dutch Bakery, a bakery group specialized in home bake-off bread and snack products, to support the company's international growth strategy in the fragmented European private label market for bake-off products. The investment by 3i Group will enable Dutch Bakery to strengthen its leading position in the Dutch market and expand its activities internationally. The company's growth strategy will be based on a combination of organic growth and external development, including targeted acquisitions