The acquisition is expected to be completed in the first quarter of 2023.
 

Deal includes Dawn’s Dutch baking plant and UK-based R&D center.

Upon completion, Ester Baiget, the current CEO of Novozymes, will assume leadership of the combined group.

This has been a year full of aggressive strategic moves across the food sector.

Liam Killeen has been tapped to lead Wells once the deal has been completed.

Second Nature brands was acquired this past April.

Peerless joins the Coperion Food, Health & Nutrition division.

The Middle Eastern CPG company gained a 60% stake in Auf Group.

Soybean processor operates facility and refinery in Kentucky.