Deal Tracking

Delfi Ltd, Orion Confectionery Create Indonesian JV

South Korea-based Orion Confectionery and Singapore-based Delfi Limited, formerly known as Petra Foods, have partnered to create Delfi-Orion, a joint venture based in Indonesia that is expected to corner 50% of the country’s US$4.28 billion chocolate market, reports Business Korea. Delfi is Indonesia’s largest confectionery company, while Orion is one of South Korea’s largest snack […]

Brief: NatureSweet, Ganfer JV to Add 100 Hectares of Greenhouse Production

Leading vertically integrated tomato producer, NatureSweet, announced it is partnering with Mexican greenhouse producer, Ganfer Greenhouses, one of the largest greenhouse vegetable producers in North America, in a joint venture that will see NatureSweet add 100 hectares of greenhouse acreage within three years reports Fresh Plaza. The first phase of construction has already begun, with […]

AB InBev Gets U.S. Approval for SAB Miller Acquisition

The U.S. Department of Justice (DOJ) announced that it has granted conditional approval with Anheuser-Busch InBev for the completion of its $107 billion acquisition of SABMiller. The deal has already gained approval in Australia, South Africa, and across Europe, and the approval from the U.S. brings the transaction, which still needs approval from China, closer […]