Mergers & Acquisitions & Joint Ventures - tabular data only - Brief Article - Illustration - Statistical Data Included

Eurofood, Feb 3, 2000

Buyer                 Target                 Country

Carrefour             Promodes               France
Laima                 Uzvara                 Latvia/Russia
Sodexho               Universal Services     France/US
Keebler Foods         Austin Quality Foods   US
Kamps                 Zimmermann             Germany
BHS                   Iceland                UK
Lordswood Dairy       Wessex Dairies         UK
British Sugar         Humber Growers         UK
Management buy-in     Walsh Family Foods     Ireland
Granarolo             Calabrialatte          Italy
Grabower Susswaren    Tomala                 Germany
Zentis                Dregelyvar             Germany/
                                             Hungary/
                                             Switzerland
Heinrich Gropper      Gropper dairy          Germany
MBO                   Getrankeprofi          Germany
Lactalis              Collet                 France
Chiari & Forti        Oil brands             Italy/UK/
                                             Netherlands
Archer Daniels        Doysan Ya Sanayii      US/Turkey
Midland
Kraft                 Balance Bar            US
Kraft                 Boca Burgers           US

Buyer                 Remarks

Carrefour             EU gives the green light to merger plans that
                      will create the world's second largest
                      retailer
Laima                 Confectionery joint venture ready to start
                      production
Sodexho               Contract caterers set up joint venture to
                      service remote and offshore locations
Keebler Foods         Cookie and cracker maker buys mini-snack
                      group for US$250m
Kamps                 Germany's largest bakery group waits for
                      green light from competition authorities to
                      acquire 100% of toast manufacturer
BHS                   Storehouse to open food stores in up to 100
                      of its BHS outlets in a joint venture with
                      Iceland, with the creation of around 4 000
                      jobs
Lordswood Dairy       Bristol dairy buys retail distribution
                      division of Wessex, which employs 160 people
                      in the supply of milk and other dairy products
British Sugar         British Sugar in 7m [pounds sterling] JV to
                      set up glasshouses to grow tomatoes
Management buy-in     Walsh family sells most of its shareholding in
                      Finglas-based food manufacturer to management
                      team and ICC Venture Capital
Granarolo             Dairy company fine-tuning acquisition of
                      producer-owned milk group with annual sales
                      of Lit50bn
Grabower Susswaren    Berlin confectioner buys Leipzig waffle maker
Zentis                German fruit processer buys Hungarian supplier
                      of dairy fruit additives from Switzerland's
                      Schweizer Getranke
Heinrich Gropper      Tengelmann sells 40% stake in dairy back to
                      founding family ...
MBO                   ... and sells drinks wholesaler to management
Lactalis              Dairy giant hooks up with meat group to form
                      France's largest veal processor
Chiari & Forti        Unilever subsidiary Van den Bergh Foods
                      sells non-core seed oil brands to Italian
                      group for undisclosed sum
Archer Daniels        US agribusiness group in 50-50 JV with Turkish
Midland               oil group
Kraft                 Philip Morris subsidiary pays US$268m to
                      acquire maker of energy bars ...
Kraft                 .... and swallows veggie burger manufacturer