Illinois-based US Foods has reached an agreement to acquire All American Foods for an undisclosed consideration.

The acquisition is expected to be completed by end of this month.

The target company is a foodservice distributor serving Rhode Island, Massachusetts and Connecticut.

Israeli flavours producer Frutarom has purchased Unique Flavors, a company based in South Africa.

The purchase consideration for the acquisition is $6.7m to be paid at the time of acquisition and a future consideration payable based on the business performance of the target company.

"The transaction value represents $90 in cash a share of the target company’s commons stock."

Reckitt Benckiser has announced that it is set to acquire paediatric nutrition products manufacturer Mead Johnson Nutrition for approximately $17.9bn, including net debt of the target company.

The transaction value represents $90 in cash a share of the target company’s commons stock.

The acquirer company is a health and hygiene company with global operations.

The acquisition is expected to be completed in the third quarter of this year.

German mid-cap buy-out firm HQ Equita has purchased a majority stake in protein-based sports nutrition and weight management products maker and distributor, WELL PLUS TRADE Vertriebs.

The target company is also based in Germany.