Olleco Bunge’s Post

We are pleased to announce that Olleco Bunge continues its ongoing expansion in Europe with its fifth acquisition in Spain and first two in the Netherlands.  In Spain, the company acquired Savisol Málaga, with operations in the cities of Málaga and Cádiz, which will strengthen Olleco Bunge's service offering across the region.  In the Netherlands, the acquisitions of Klep & Zn Recycling and De-Vetboer, located outside of Rotterdam and Amsterdam respectively, will bolster Olleco Bunge's existing Dutch operations to cover the entire Randstad region.     These acquisitions will enable Olleco Bunge to help drive synergies with existing operations, offering a unique circular economy solution for edible oils for the hospitality, foodservice and food manufacturing industries. #Expansion #Growth #CircularEconomy

We’re thrilled to share that Olleco Bunge, our sustainable oil joint venture, is continuing its exciting expansion in Europe with its fifth acquisition in Spain and first two deals in the Netherlands. In Spain, Olleco Bunge acquired Savisol Málaga, with operations in the cities of Málaga and Cádiz, which will strengthen its service offering across the region. In the Netherlands, the acquisitions of Klep & Zn Recycling and De-Vetboer, located near Rotterdam and Amsterdam respectively, will bolster Olleco Bunge’s existing Dutch operations to cover the entire Randstad region. The acquisitions will enable Olleco Bunge to achieve synergies with existing operations, offering a unique circular economy solution for edible oils for the hospitality, foodservice and food manufacturing industries. Michael Mackintosh, M&A Director at Olleco Bunge, said: “In the last year, we invested in some great businesses. We’re delighted to welcome Savisol to Olleco Bunge in Spain, where we continue to strengthen our national footprint and deliver an excellent service for customers. We are also very proud and excited to mark our first acquisitions in the Netherlands. Bringing on new colleagues and expanding into new regions are an essential part of our growth strategy and will support us in implementing our circular economy solutions in both countries.” #OllecoBunge #SustainableOil #CircularEconomy

Unifrutti Groupxpands its Global Footprint with Strategic Acquisitions in Peru Dive into Unifrutti Group's latest strategic maneuvers as it acquires Bomarea and AvoAmerica Peru, significantly enhancing its portfolio with premium blueberries and avocados. These acquisitions mark a pivotal step in Unifrutti's global expansion strategy, aimed at catering to the rising demand for superfruits worldwide. Discover how these moves position Unifrutti to better serve key markets and reinforce its commitment to quality and sustainable growth in the fresh produce sector. Read more at: https://lnkd.in/ekqfkmQc #UnifruttiGroup #Agriculture #Blueberries #Avocados #GlobalExpansion #SustainableAgriculture #Superfruits #MarketStrategy #FreshProduce

🚢 Exciting News 🚢 We are thrilled to share that Minerva Bunkering has acquired Bomin Group, significantly expanding our operations in the U.S. and across the Americas. This strategic move enhances our supply network, including key ports such as Houston, Norfolk, Panama, and Ecuador. By integrating Bomin’s assets and capabilities, we can better serve our customers and deepen our physical supply presence in these strategic markets. This acquisition marks an exciting extension of our footprint and aligns with our commitment to sustainable growth and continuous improvement. We look forward to the new opportunities this acquisition brings and to continuing to provide high standards of service and reliability across our global supply chain. Read more ▶ https://bit.ly/4eAB5gE #MarineFuel #Shipping #MinervaBunkering #SupplyChain

Big moves in the food industry! Mars Inc. is reportedly in talks to acquire Kellanova, the newly named entity spun off from Kellogg Co.'s North American cereal business. 🌍🥣 The deal, if finalized, would not only expand Mars' portfolio into new categories but also enhance its capabilities in the plant-based and health-focused food segments. What impacts do you think this acquisition could have on the food industry? How might it influence consumer choices and industry trends? https://lnkd.in/gcSfjETQ #MergersAndAcquisitions #FoodIndustry #BusinessStrategy #Mars #Kellanova #FoodTrends

Big moves in the food industry! Mars Inc. is reportedly in talks to acquire Kellanova, the newly named entity spun off from Kellogg Co.'s North American cereal business. 🌍🥣 The deal, if finalized, would not only expand Mars' portfolio into new categories but also enhance its capabilities in the plant-based and health-focused food segments. What impacts do you think this acquisition could have on the food industry? How might it influence consumer choices and industry trends? https://lnkd.in/guXsxCVQ #MergersAndAcquisitions #FoodIndustry #BusinessStrategy #Mars #Kellanova #FoodTrends

Mars's Acquisition of Kellanova for $36 billion - Mars has reached an agreement to acquire Kellanova for nearly $36 billion, marking one of the most significant transactions in the food industry this year. The deal, which values Kellanova at $83.50 per share, represents a 33% premium over the company's closing price on August 2, the last trading day before news of the discussions emerged. This acquisition will be financed through a combination of cash reserves and newly issued debt, underscoring Mars' financial strength and commitment to the transaction. - For Mars, this acquisition represents an expansion beyond its traditional chocolate and confectionery portfolio, a strategic necessity as cocoa prices have surged to record highs in 2023. By incorporating Kellanova’s diverse range of snack products, including the iconic Pringles and Eggo waffles, Mars positions itself to mitigate risks associated with raw material price volatility and diversify its revenue streams. - Kellanova’s strong performance post-spinoff from WK Kellogg Co. highlights its robust market positioning and operational excellence, which likely made it an attractive target for Mars. The company's ability to consistently outperform its peers amidst a challenging macroeconomic environment, characterized by declining volumes and price-sensitive consumers, signals strong management and a resilient business model. - The deal, supported by significant shareholders including the W.K. Kellogg Foundation and the Gund Family, is anticipated to close in the first half of 2025. This timeline allows for the necessary regulatory reviews, although the limited product overlap between Mars and Kellanova suggests minimal antitrust hurdles. Analysts anticipate that the integration will enable Mars to accelerate its growth in international markets, with Kellanova’s global distribution network and product portfolio playing a crucial role. - Financially, the transaction is supported by a $29 billion bridge loan facility, highlighting the scale and complexity of the deal. Mars’ ability to secure such financing speaks to the confidence of lenders in the long-term strategic benefits of the acquisition, particularly in terms of revenue diversification and market expansion. #marsinc #kellanova #mergersandacquisitions #foodindustry #acquisition #privatedebt #financialstrategy #marketexpansion #chocolateindustry #snackingmarket

🌐 Captain Fresh Eyes Third Overseas Acquisition with Poland-Based Koral. Captain Fresh, a leading fresh seafood and meat supply chain company, is in talks for its third overseas acquisition. This time, the target is Koral, a Poland-based fish and seafood manufacturing firm. The acquisition aims to bolster Captain Fresh's international presence and enhance its supply chain capabilities. 💰 Acquisition Details: - Target Company: Koral, Poland. - Sector: Fish and seafood manufacturing. - Objective: Strengthen international supply chain and expand global footprint. 🔍 Background: - Company Overview: Captain Fresh specializes in leveraging technology to optimize the supply chain for fresh seafood and meat, ensuring quality and efficiency from source to consumer. - Previous Acquisitions: This will be Captain Fresh's third international acquisition, following successful integrations in other regions. 🚀 Strategic Goals: - Enhanced Supply Chain: The acquisition of Koral will enhance Captain Fresh's supply chain capabilities, ensuring a steady and high-quality supply of seafood. - Market Expansion: Establishing a presence in Europe through Poland will provide Captain Fresh with a strategic entry point to the broader European market. 📈 Market Potential: - Global Reach: The global seafood market is growing, with increasing demand for quality and sustainable products. - Supply Chain Efficiency: Improved supply chain logistics will help Captain Fresh meet this growing demand more effectively. 📅 Future Outlook: - Integration Plans: Captain Fresh plans to integrate Koral’s manufacturing capabilities with its existing supply chain technology to streamline operations. - Growth Strategy: This acquisition is part of Captain Fresh’s broader strategy to become a global leader in the seafood and meat supply chain industry. Captain Fresh's planned acquisition of Koral underscores its commitment to expanding its global reach and enhancing its supply chain operations. This strategic move will likely position Captain Fresh as a key player in the international seafood market. Captain Fresh #CaptainFresh #Acquisition #GlobalExpansion #SeafoodIndustry #SupplyChain #BusinessGrowth #StartupNews #BusinessNews #MicroShots #NewsUpdates

Coca-Cola Europacific Partners Completes $1.8bn Joint Acquisition Coca-Cola Europacific Partners (CCEP) has successfully wrapped up its joint acquisition venture with SAP Fbo ABOITIZ EQUITY VENTURES INC. (AEV), acquiring Coca-Cola Beverages Philippines (CCBPI) for a substantial $1.8 billion. This strategic move further solidifies CCEP's foothold in the Asia Pacific region, particularly in the burgeoning markets of Southeast Asia. With the acquisition of CCBPI, CCEP now stands as the world's largest Coca-Cola bottler, both by volume and revenue. The Philippines, being the second-largest market in Southeast Asia, presents immense growth opportunities with its stable GDP growth and flourishing middle class. The soft drinks market, estimated at $8 billion, promises a 10% annual growth in value. Coca-Cola Philippines has an extensive infrastructure with 19 manufacturing plants and around 9,000 employees. Their diverse portfolio, including global giants like Coca-Cola and Sprite, generated revenues of $1.7 billion in 2022. CCEP's acquisition of CCBPI is driven by a multi-point strategy: diversification opportunity, leveraging an established business in a high-growth market, sharing best practices and talent, strengthening partnerships, and furthering collaboration with The Coca-Cola Company. CCEP's CEO, Damian Gammell, expressed optimism about the acquisition, citing it as a pivotal move in advancing CCEP's long-term transformation strategy in Indonesia. With solid financial results for 2023, including revenue growth of 5.5% and an operating profit increase of 11%, CCEP is set for sustained growth and resilience amidst macroeconomic challenges. He also added: “We are well placed for FY24 and beyond. We are stronger and better, more diverse and robust, and our categories remain resilient despite ongoing macroeconomic and geopolitical volatility. We continue to actively manage our pricing and promotional spend to remain relevant to our consumers, balancing affordability and premiumisation. Along with our focus on productivity, this will all ultimately drive our free cash flow. This acquisition not only positions CCEP as a market leader but further underscores its commitment to sustainable and stronger growth through diversification and scale. By leveraging synergies and fostering local partnerships, CCEP aims to drive sustainable growth in the dynamic Asia Pacific market.

MSC is acquiring French freight forwarder Clasquin to expand its global network, highlighting the trend of consolidation in the transport and logistics market. The offer represents a significant premium to Clasquin's shareholders, with other industry players also strengthening their positions through acquisitions. Anticipating further bidding battles as companies solidify their market presence. #MarinerNews #MaritimeIndustry #ShippingNews #Shipping #Maritime