Deutsche Bank is in pole position to advise Danisco, the world's largest food ingredients business, on a fresh round of acquisitions in the foods industry.

Deutsche has just pulled off its second disposal for Danisco as the company focuses on its core food ingredients business. The bank's London team worked on the £64m (€103m) sale of Danisco's UK corrugated packaging business to Mondi Packaging of the UK. This followed a deal earlier this year when Deutsche advised on the sale of Danisco's flexible packaging business to Amcor, an Australian listed packaging company.