Coca‑Cola HBC Acquires Serbian Confectioner Bambi from MidEuropa

Ball Corporation to Acquire 80% Majority Stake in Benepack’s European Beverage Can Operations

December 10, 2025

Manufacturing

Ball Corporation has entered into definitive agreements to acquire an 80% majority stake in Benepack’s beverage can manufacturing businesses in Europe. The deal covers two production facilities—one in Belgium and one in Hungary—with an estimated total cost of approximately €184 million, while Benepack’s existing shareholders will retain the remaining 20%.

Coca-Cola HBC to Acquire 75% of Coca-Cola Beverages Africa (Path to Full Ownership)

October 21, 2025

Consumer Products

Coca-Cola HBC entered into a definitive sale and purchase agreement to acquire a 75% shareholding in Coca-Cola Beverages Africa (CCBA) from The Coca-Cola Company and Gutsche Family Investments (GFI) for a combined purchase price of US$2.6 billion. The parties also agreed to an option arrangement that enables Coca-Cola HBC to buy, and The Coca-Cola Company to sell, the remaining 25% stake, targeting completion by the end of 2026 subject to approvals.

Cerealto UK Acquires Hill Biscuits from LDC

July 31, 2024

Food & Beverage

Cerealto UK, a portfolio company backed by Davidson Kempner Capital Management and Afendis Capital Management, has acquired Hill Biscuits from LDC. Financial terms were not disclosed; Hill Biscuits, founded in 1855 and headquartered in Ashton-under-Lyne, Greater Manchester, employs about 350 people and more than doubled revenues to over £40m during LDC's seven-year partnership.

Perfetti Van Melle Acquires Mondelēz International's Developed‑Market Gum Business

October 2, 2023

Food & Beverage

Perfetti Van Melle has completed the acquisition of Mondelēz International's developed‑market gum business across the United States, Canada and Europe (excluding Portugal pending Portuguese regulatory approval). The deal transfers brands such as Trident, Dentyne, Stimorol, Hollywood, V6, Chiclets, Bubbaloo and Bubblicious as well as manufacturing facilities in Rockford, Illinois and Skarbimierz, Poland to Perfetti Van Melle, significantly expanding its North American and European footprint.

Nestlé Brasil Acquires CRM Group (Owner of Kopenhagen and Brasil Cacau)

September 6, 2023

Food & Beverage

Nestlé Brasil has entered into an agreement to acquire the entire stake held by FIP Dutch (quotaholders: funds managed by Advent International) in the CRM Group, owner of the Kopenhagen, Brasil Cacau and Kop Koffee brands. The deal — subject to CADE approval — will expand Nestlé's presence into premium chocolate retail and store-based consumer experiences; the transaction is expected to close in 2024 and financial terms were not disclosed.

Platinum Equity Acquires Biscuit International

February 14, 2020

Food & Beverage

Platinum Equity has acquired Biscuit International, a leading European private-label sweet biscuit manufacturer headquartered in Paris. Biscuit International employs approximately 1,900 people, generated more than €500m in sales over the prior 12 months, and Platinum Equity intends to expand the company’s product offering and international reach through organic growth and add-on acquisitions.