Acquisition
2 articles
The Food Trade
Panzani and Cerealis to Merge Into €1 Billion European Food Group
Panzani and Cerealis have entered exclusive negotiations to merge, aiming to create a new European food group with approximately €1 billion in combined annual revenues. The proposed union combines complementary product portfolios and geographic footprints, backed by CVC Capital Partners, Sofina, and Cerealis' founding families.
Raffi Hovsepian·October 18, 2026
The Food Trade
McCain Foods Buys Indian Processor Falcon Agrifriz to Bolster Regional Production
McCain Foods has acquired Falcon Agrifriz's frozen potato processing business in India, significantly expanding its manufacturing capabilities and market reach. The deal includes a modern facility in Gujarat, its workforce, and an established network of local farmers, bolstering McCain's presence in a priority growth market.
Raffi Hovsepian·October 12, 2026