M&As this week: Castanea Partners, Groupe Lactalis, Round Barn Winery Distillery & Brewery
Castanea Partners has announced plans to acquire a majority stake in The Bruery, a boutique craft brewery.
Both the companies involved in the acquisition are based in the US.
Groupe Lactalis has announced plans to acquire German milk producer OMIRA Oberland-Milchverwertung.
The acquisition will provide OMIRA with access to international markets.
Round Barn Winery Distillery & Brewery has completed an acquisition of Tabor Hill Winery & Restaurant.
Both the companies are wine producers based in the US.
Food Land Investment Holding (FLIH) has announced plans to acquire the remaining 30% stake in Food Land Manufacturing (FLM) from three vendors for MMK199m ($0.14m).
FLM is an instant food and beverages manufacturing company based in Myanmar.
Food Empire Holdings' subsidiary FLIH is an investment holding company. Both the companies are based in Singapore.
FLM will become a wholly-owned subsidiary of FLIH following the acquisition.
Lavazza has announced the acquisition of an 80% stake in Canadian company Kicking Horse Coffee from Swander Pace Capital for C$215m ($160m).
Lavazza is a coffee company based in Italy, while Swander Pace Capital is a private-equity fund based in Canada.
The acquisition will strengthen Lavazza’s presence in North America.