latest – Page 11
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NewsCity Snapshot: THG ends Apollo takeover discussions
THG has announced it has ceased talks with Apollo Global Management over a takeover approach after its indicative valuation of the group was ‘inadequate’
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NewsCity snapshot: Pernod Ricard invests in reusable packaging specialist Ecospirits
Pernod Ricard has taken a minority share in Singapore-based Ecospirits, a low waste distributer for the wine and spirits industry
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NewsHancocks owner Innovative Bites acquired by private equity firm
Innovative Bites said the deal would strengthen its position in the UK confectionery and snacks sector while pushing expansion
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NewsSelf-destructing plastic tech firm Polymateria secures £20m funding
Polymateria’s proprietary technology can be added to existing plastic packaging manufacturing processes
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NewsHolland & Barrett acquires fitness technology startup Avie
The startup was founded by Charlie Leggate and Kit Logan, who will both join the H&B Wellness Futures Team
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NewsCity snapshot: SSP expands in North America with Midfield acquisition
Travel food retail specialist SSP Group has grown its business in North America with the acquisition of the concessions business of Midfield Concession Enterprise. Plus trading updates from Virgin Wines and Domino’s Pizza Group
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NewsFrozen food wholesaler Hopwells acquires Windsor Foodservice
Hopwells said the deal formed part of a strategic plan to expand its geographical reach and overall offering
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NewsFarmison eyes push into supermarkets under Andy Clarke
Farmison is set to make a renewed push into mainstream supermarkets, after being rescued from administration by former Asda boss Andy Clarke this week.
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NewsGrosvenor increases food technology investments
Global property group Grosvenor increased its investment into food and agriculture firms last year, despite the macro-economic headwinds facing the sector
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NewsPlanet Organic founder saves 10 stores with pre-pack deal
Sale follows weeks of intense talks with potential investors after Waitrose ended negotiations to take over the business
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NewsFarmison rescued from administration by ex-Asda boss Andy Clarke
Collapsed online meat retailer Farmison has been bought out of administration by a consortium led by former Asda boss Andy Clarke.
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NewsCity News: THG investors buoyed by possible takeover as losses deepen
Long-suffering THG investors were buoyed by news of another suitor exploring taking the beleaguered group back private, but enthusiasm was dented by heavier-than-expected annual losses just a day later
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NewsNestlé agrees European frozen pizza joint venture with PAI PArtners
Nestlé and private equity firm PAI Partners have agreed to set up a joint venture for Nestlé’s frozen pizza business in Europe
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NewsChapple & Jenkins acquires Lansdell Soft Drinks for an undisclosed sum
Lansdell specialises in soft drinks, alcohol, confectionery, snacks and impulse products
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NewsButternut Box extends European reach with PsiBufet acquisition
UK-based DTC dogfood player Butternut Box has strengthened its position in continental Europe with the acquisition of Polish fresh dogfood company PsiBufet
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NewsMedia Bites 18 April: THG, inflation
The main headlines in this morning’s papers are reserved for THG following a speculative bid from a PE firm.
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NewsTHG shares jump on Apollo ‘preliminary’ takeover approach
THG shares have jumped more than 40% today after it confirmed it has been approached by private equity giant Apollo Global Management over a possible deal
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NewsCity snapshot: Devro delists from stock exchange as £564m takeover completes
Scottish sausage skin maker Devro will delist from the stock exchange today after finalising its £564m takeover by German group Aria.
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NewsSquirrel Sisters enters 50/50 partnership with GFT Retail
GFT Retail will be responsible for operations, warehousing & logistics and support in marketing and sales for the brand
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NewsPlanet Organic halts supplier orders as it focuses on survival
Planet Organic suppliers have reported a temporary suspension of orders by the troubled supermarket chain as it works on a deal to secure its future