Kraft Heinz Acquires Majority Stake in Hemmer

The Kraft Heinz Company Acquires 85% Stake in Just Spices GmbH

April 26, 2023

Food & Beverage

The Kraft Heinz Company has completed the acquisition of an 85% stake in Germany-based Just Spices GmbH, with the three founders retaining the remaining 15% and continuing to run the business. Kraft Heinz intends to use Just Spices' direct-to-consumer capabilities, product portfolio and analytics to accelerate international growth and expand its Taste Elevation platform, including launching the brand in the U.S. market.

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.

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.

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.

CMA CGM Acquires Majority Stake in Santos Brasil

April 28, 2025

Logistics & Distribution

CMA CGM Group closed the acquisition of approximately 47.9% of Santos Brasil Participações S/A from funds managed by Opportunity, bringing its total ownership in Santos Brasil to 51% (including a prior 3.1% stake). CMA CGM, via affiliate CMA Terminals Atlantic SA, will launch a mandatory tender offer for remaining shares and intends to consolidate control and pursue changes to Santos Brasil’s market listing and governance.

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.