Acquisitions and Funding
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Ingredion finalizes US$165M sale of majority stake in Pakistan unit
The transaction involves Ingredion selling a 51% interest in Rafhan Maize for approximately US$165 million, while maintaining roughly a 20% ownership position to support future collaboration and regional growth.
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Vandemoortele proposes asset divestment to secure UK approval for Délifrance acquisition
The proposed divestment is intended to resolve potential issues related to market concentration in the supply of frozen bakery products and pave the way for completion of one of the European bakery sector’s most significant transactions.
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ARYZTA expands French distribution network with SEB acquisition
The acquisition forms part of ARYZTA’s strategy to reinforce its presence in key European markets and improve access to premium frozen bakery products for customers in France.
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Europastry to acquire Highland Baking Company to strengthen its presence in North America
The deal marks a significant expansion for the Spanish frozen dough giant into the competitive North American foodservice market, though the financial terms of the transaction were not disclosed.
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Rise Baking Company to acquire Jimmy’s Gourmet Bakery in Northeast expansion move
The transaction is expected to close in the third quarter of 2026, pending standard closing conditions.