Kraft Heinz Acquires Majority Stake in Hemmer

The Kraft Heinz Company Acquires Majority Stake in Just Spices

April 26, 2023

Food & Beverage

The Kraft Heinz Company agreed to acquire an 85% stake in Germany-based Just Spices GmbH, with the remaining 15% retained by its three founders. The deal was designed to accelerate Kraft Heinz’s international “Taste Elevation” and strengthen its technology-enabled direct-to-consumer growth.

Kraft Heinz Acquires Assan Foods from Kibar Holding

October 4, 2021

Food & Beverage

The Kraft Heinz Company completed its acquisition of Assan Foods from Turkish conglomerate Kibar Holding. The deal brings Assan's sauces, tomato products and local manufacturing footprint in Turkey into Kraft Heinz's International Zone to expand retail and foodservice presence across Europe, the Middle East and Africa.

McCormick & Co. to Acquire Additional 25% Stake in McCormick de Mexico JV for $750M

August 22, 2025

Food & Beverage

McCormick & Co. plans to acquire an additional 25% ownership interest in McCormick de Mexico from joint venture partner Grupo Herdez for $750 million, raising its stake to 75%. The deal is expected to create more growth opportunities in Mexico and serve as a platform for further expansion across Latin America.

Hillebrand Acquires Majority Stake in VignoblExport

May 6, 2021

Logistics & Distribution

Hillebrand has acquired a majority stake in VignoblExport, a French provider of small-quantity logistics and proprietary digital solutions for alcoholic beverages. The deal is intended to strengthen Hillebrand’s small-quantity logistics capability and accelerate its e-commerce and direct-to-consumer services globally; Hillebrand holds an option to acquire the remaining shares.

Azelis Acquires Hortimex to Expand Food and Nutraceuticals Footprint in Poland

September 26, 2024

Food & Beverage

Azelis has signed an agreement to acquire 100% of the shares of Hortimex, a Poland-based specialty chemicals distributor serving the food ingredients and nutraceuticals markets. The acquisition is intended to strengthen Azelis’ footprint in Poland and complement its Food & Nutrition value chain with a broader local product range and sales/technical capabilities.

KKR Acquires Majority Stake in Refresco

February 22, 2022

Food & Beverage

KKR has signed a definitive agreement to acquire a majority stake in Refresco Group B.V., the global independent beverage contract manufacturer headquartered in Rotterdam. Existing investors PAI Partners and British Columbia Investment Management Corporation will remain significant minority shareholders; transaction terms were not disclosed. KKR said it will support Refresco's expansion of its global footprint, sustainability initiatives and M&A strategy.