Mergers and acquisitions (M&A) activity in the food and drink sector reached a five-year peak in 2015 – even when stripping out the ‘mega-deal’ takeover of SABMiller by AB InBev – a report by legal firm Grant Thornton has found.
> Read the full article on the Food Manufacture website
By Noli Dinkovski
Source: Food Manufacture
Consumer healthcare firm Haleon has appointed Tate & Lyle executive Dawn Allen as its new chief financial officer, effective 1 November 2024. Allen will succeed Tobias Hestler, who has decided to step down from the role, citing a long-term health condition, the company said.
The group said that the bottling line, which adds 6,500 square metres to the existing 60,700-square-metre site, is the next necessary stage in the company’s international development. The leading brand in Campari Group’s global sales, demand for the Italian bitter apéritif has grown by 500% in the last decade.
The partnership will see Coca-Cola adopt new technology to foster innovation and productivity globally. Through the deal, Coca-Cola has made a $1.1 billion commitment to the Microsoft Cloud and its generative AI capabilities.