Dairy products producer Gay Lea Foods has announced its decision to acquire The Stirling Creamery, a natural and flavoured butter producer.

Both companies involved in the acquisition are based in Canada.

The acquisition will help Gay Lea Foods meet the high consumer demand for butter and strengthen its position in the Canadian dairy industry.

Japan-based spirits and soft drink producer Asahi Group Holdings has announced the acquisition of Miller Brands UK, the UK distribution subsidiary of SABMiller.

The acquisition is part of Asahi’s strategy to strengthen its premium beer portfolio. The merged entity will operate as Asahi UK.