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Updated: The food industry’s top M&As, divestments and manoeuvres of 2026

From McCormick’s Unilever Food merger plans to Ingredion’s Tate & Lyle takeover, what have been this year’s biggest business shake-ups?

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Updated: The food industry’s top M&As, divestments and manoeuvres of 2026
Amcor invests heavily in Froges production site

Amcor invests heavily in Froges production site

Specialising in varnishes and thin aluminium foil lacquering, the site primarily serves the cheese packaging market, employs approximately 125 people and has been part of the...

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Pet food ingredients market worth $57.68 billion by 2031

Pet food ingredients market worth $57.68 billion by 2031

A new report by US based market research outfit MarketsandMarkets has estimated the pet food ingredients market to be worth $41.55 billion in 2026 and is projecting it to reach $57.68 billion by 2031, at a CAGR of 6.8% from 2026 to 2031
Food and drink exports drop to third lowest levels on record as imports soar

Food and drink exports drop to third lowest levels on record as imports soar

The UK’s food export volumes have fallen by 11.7% in the first half of 2026 compared to H1 2025. Meanwhile, food and drink imports rose to their second-highest level on record in H1 2026, only behind last year. As a result, the UK’s food and drink trade deficit now sits at £21.1bn – the largest since 2000
Food and drink industry calls for PM to relieve pressure

Food and drink industry calls for PM to relieve pressure

Business confidence among food and drink manufacturers remained downbeat at -31% in Q2 2026, extending a run of negative sentiment for nine consecutive quarters
Lactalis purchases Saputo's British dairy unit for $1.34bn

Lactalis purchases Saputo's British dairy unit for $1.34bn

The transaction is expected to close by the end of the first quarter of 2027, subject to certain customary closing conditions, including the receipt of applicable regulatory approvals
Tariffs changed your food ingredients. Did you check the label?

Tariffs changed your food ingredients. Did you check the label?

Tariffs have forced brands across every major food category to change ingredients. If your favourite food doesn't taste the same, or a product you've trusted for years seems different, you're not imagining it
Yakult relocates UK headquarters

Yakult relocates UK headquarters

Yakult has relocated its UK headquarters to Power Road Studios in Chiswick, marking a significant milestone for the business as it enters its 30th year operating in the UK
Site expansion and workforce growth for Technosys

Site expansion and workforce growth for Technosys

The move allows Technosys to build more machines and the ability to demonstrate and test full production lines for their customers
Food Formulator: A newly launched platform for the food and drink product development community

Food Formulator: A newly launched platform for the food and drink product development community

Food Formulator is a new B2B platform dedicated to the science, technology and innovation shaping food and beverage product development.

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PhenOlives secures investment and appoints former Nestlé Israel CEO

PhenOlives secures investment and appoints former Nestlé Israel CEO

New funding from OurCrowd and seasoned leadership follow the successful launch of the world’s first commercial olive‑flour production line, marking an important moment for the company’s growth and the future of olive‑waste valorization
ITI Group signs major MES contract with Fazer

ITI Group signs major MES contract with Fazer

Finland’s Largest Confectionery and Food Manufacturer Selects ITI Group for €400m Factory of the Future Project
Ingredion acquires Tate & Lyle in £2.7bn deal to build functional ingredients powerhouse

Ingredion acquires Tate & Lyle in £2.7bn deal to build functional ingredients powerhouse

The £2.7bn cash acquisition unites complementary portfolios in sweetening, texture and fortification, creating a $9.9bn ingredient solutions giant positioned for the GLP-1 era

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Glanbia delivers strong first quarter performance with continued revenue momentum

Glanbia delivers strong first quarter performance with continued revenue momentum

Full year adjusted EPS expected at the upper end of the guidance range