Training & education > Distributorships & acquisitions

Suntory pays US$16 billion for Beam Inc

16 January, 2014

Suntory has announced it will acquire all outstanding shares of Beam Inc for US$16 billion. Suntory will pay US$83.50 per share, a 25% premium on Beam's closing price of US$66.97 on 10 January 2014.

Pro Mach acquires Zalkin

09 January, 2014

Pro Mach has acquired André Zalkin, a leading global capping machinery manufacturer, for an undisclosed sum. Zalkin management and employees will continue to work in the company's French facilities.

Krones acquires German process technology company

12 December, 2013

Krones has acquired process technology company HST Maschinenbau GmbH. Located in Mecklenburg-Western Pomerania, the company designs and manufactures homogenisers and reciprocating pumps for the food and beverage industries.

ADM's bid for 100% of GrainCorp denied

29 November, 2013

Joe Hockey has finally resolved the long-running saga of ADM's takeover bid for GrainCorp.

Murray Goulburn ups WCB bid to $9.50

28 November, 2013

The bidding war for Warrnambool Cheese & Butter continues, with Murray Goulburn increasing its takeover offer to $9.50 cash per share, or $533 million in total.

Saputo changes WCB offer

26 November, 2013

Saputo has convinced Warrnambool Cheese and Butter (WCB) to further amend the terms of Saputo's previous offer of $9 cash per share.

Fonterra acquires Tamar Valley Dairy assets

11 November, 2013

Fonterra will acquire the assets of Tasmanian yoghurt producer Tamar Valley Dairy, including its processing equipment, related services, intellectual property and trademark.

Husky to acquire Schöttli

04 November, 2013

Husky Injection Molding Systems has announced it will acquire Swiss closure mould making company Schöttli. Schöttli's shareholders recently reached an agreement to sell the company to Husky.

ACCC won't opposed Bega's bid for WCB

31 October, 2013

Bega Cheese's proposed acquisition of Warrnambool Cheese and Butter will not be opposed by the ACCC. The ACCC has reviewed the proposed acquisition at Bega's request following its offer to acquire all shares in WCB.

Saputo increases WCB offer

28 October, 2013

Saputo has increased its offer to acquire all the shares of Warrnambool Cheese & Butter (WCB) to $8.00 cash per share. The WCB board has once again unanimously recommended that WCB shareholders accept the offer.

WCB Board recommends Saputo offer

09 October, 2013

Following an offer of $7 cash per share, Warrnambool Cheese and Butter (WCB) has entered into a Bid Implementation Deed with Canadian company Saputo. The WCB Board has unanimously recommended that shareholders accept Saputo's offer.

Plentex to acquire algae-based bioactive producer

08 October, 2013

Plentex Limited has announced plans to acquire Gold Coast company Biovite Australia. Plentex has signed a Non-Binding Letter of Intent to purchase the business.

WCB board rejects Bega's takeover offer

02 October, 2013

Warrnambool Cheese and Butter's board of directors has recommended that the company reject Bega Cheese Limited's takeover offer.

Network Nutrition joins IMCD Group

16 September, 2013

Sydney-based company Network Nutrition has joined IMCD Group BV, effective from 1 October. Network Nutrition is a leading distributor of botanical, nutritional and plant enzyme-based raw materials.

Warrnambool Cheese and Butter is considering Bega Cheese’s takeover bid

12 September, 2013

If Bega Cheese succeeds with its $319 million offer for Warrnambool Cheese and Butter, the merged company will be one of Australia’s largest listed food companies.

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