Tate & Lyle Considers Takeover Bid from Ingredion Dive Brief: Ingredients supplier Tate & Lyle is contemplating a takeover bid of 2.7 billion pounds, or $3.7 billion, from larger rival Ingredion, as confirmed by the Britain-based company on Thursday. The…
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Exciting News: Mission Produce Acquires Calavo Growers Mission Produce has announced its acquisition of rival Calavo Growers, solidifying their positions as two of the largest avocado companies in North America. The deal, valued at $430 million, is set to close…
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Pepsi Launches Summer Marketing Campaign to Rival Coke’s “Share a Coke” Campaign As revealed by Marketing Dive, Pepsi is gearing up for a summer marketing initiative inspired by the popular “Share a Coke” campaign by its chief competitor, Coca-Cola. However,…
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New Developments: Celsius Holdings has announced the acquisition of Alani Nu, a rival in the energy drink market, for a total of $1.8 billion in cash and stock. This marks the largest deal for Celsius since its inception in 2004.…