Wilmar International and First Pacific have increased their offer to acquire Goodman Fielder from $0.65 to $0.70 per share. The Goodman Fielder Board will unanimously recommend that its shareholders vote in favour of the revised proposal.
Arle Capital has acquired Innovia Group from the Candover 2001 Fund for €498 million with funds raised from a syndicate of new investors. This means that ownership remains with funds managed by the same international private equity company.
Food packaging company tna has acquired Oregon-based FOODesign, expanding its portfolio to offer manufacturers a range of processing solutions. FOODesign will retain its brand and be integrated into the tna group.
Nutricia has announced plans to acquire a spray dryer from Gardians, which produces nutritional dairy products, in addition to the blending, packing and can-forming business of Auckland company the Sutton Group.
Goodman Fielder has received a takeover offer from First Pacific Company and Wilmar International for $0.65 per share, valuing the shares at $1.27 billion.
Romaco Group has announced plans to sell its stake in FrymaKoruma to an umbrella corporation within the Deutsche Beteiligungs AG (DBAG) group.
Connell Brothers Company (CBC) has been announced as Kalsec's channel partner for Australia. CBC will commence the role on 1 May 2014.
Tetra Pak has acquired Miteco, a leading provider of production solutions for soft drinks, fruit juices and liquid food. The company has a particular focus on carbonated soft drinks.
Centec has extended its partnership arrangement with B-R Controls to include the full Centec range of density, sound velocity, CO2 and oxygen analysers.
MEP Instruments is now distributing Anton Paar Process Instrumentation products in Australia and New Zealand. MEP has distributed Anton Paar laboratory instrumentation sales for 15 years; it will now also distribute the Anton Paar Process portfolio.
Saputo has gained a majority stake in Warrnambool Cheese and Butter (WCB), acquiring 52.07% of the company's shares.
CAPS Australia has been announced as the exclusive Australian distributor for Pedro Gil positive displacement blowers.
Wilbur-Ellis Company subsidiary Connell Brothers Australasia has acquired Melbourne company Enzyme Solutions.
Markem-Imaje has acquired Heidelberg CSAT from Heidelberger Druckmaschinen. The acquisition is effective from 1 January 2014.
Kellogg Company has announced plans to build a new snack manufacturing facility in Bandar Estek in Malaysia. The facility will increase its Pringles production capacity in the Asia-Pacific region and create at least 300 local jobs.