latest – Page 14
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NewsKerry set for €500m sweet ingredients portfolio sale to IRCA
Kerry Group has announced it has entered to entered into exclusive negotiations to sell sweet ingredients portfolio to Advent International-owned IRCA.
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NewsCurious Brewery rescues Wild Beer Co from administration
Kent-based Curious Brewery has rescued the Wild Beer Co brand from administration in a deal which will double production at its Ashford brewery
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NewsNorthern Bloc acquires two heritage ice cream makers as it ramps up capacity at new Leeds HQ
The acquisitions of Criterion Ices and Marine Ices will boost revenues by an additional £2m
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NewsGlobal Brands takes control of Hooch, Hooper’s and Reef from Molson Coors
The three brands have been produced and distributed by Global Brands since 2012, under licence from the North American brewing giant.
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NewsDriscoll’s plans new varieties and more export opportunities to grow UK berry category
Russell Allwell, MD of Driscoll’s EMEA, said establishing its own operation in the UK was a ’great opportunity’
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NewsWilliam Reed snaps up Retail Week and World Retail Congress from Ascential plc
It follows William Reed’s acquisitions of The London Coffee Festival and Rethink events businesses
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NewsCity snapshot: NWF expands reach with £10m fuel oils deal as H1 trading remains ‘strong’
Specialist fuel, food and feed distributor NWF Group has reported “strong” first-half trading and announced a £10m acquisition in an update to the London Stock Exchange this morning. Plus, Greencore hands Sheffield workers a bumper pay increases ahead of Christmas
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NewsMondelez offloads chewing gum assets in US, Canada and Europe to Perfetti Van Melle for $1.4bn
The deal only includes the business in the US, Canada and Europe, with Mondelez retaining its gum holdings across Latin America, Asia, Middle East and Africa.
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NewsCity snapshot: AG Barr snaps up remaining stake in Moma Foods
AG Barr has acquired the remaining minority stake in plant-based milk brand Moma Foods for £3.4m. Plus, Hilton Food Group forms long-term strategic collaboration in Singapore with Country Foods.
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NewsJuvela gluten-free brand snapped up by S-Ventures
Fmcg investment house S-Ventures has acquired gluten-free brand Juvela to expand its portfolio of free-from suppliers
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NewsNurture Brands buys seaweed crisp maker Abakus Foods
Plant-based group Nurture Brands has continued to build its portfolio of brands with the acquisition of seaweed crisps producer Abakus Foods.
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NewsCity snapshot: Carlsberg buys Canadian craft brewer Waterloo Brewing for £86m
Carslberg has announced it has agreed to buy Canadian craft brewer Waterloo Brewing for a total equity value of CAD144m (£86m)
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NewsCIty snapshot: Kitwave acquires foodservice wholesaler WestCountry Food in £29m deal
Kitwave Group has snapped up fresh produce wholesaler WestCountry Food Holdings for £29m to incorporate into the company’s foodservice division. Pkus, Fever-Tree Drinks appoints new chairman.
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NewsAdministrators seek buyer for Wild Beer Co
Beer brand Wild Beer Co has fallen into administration after struggling to recover from the pressures of Covid, while battling rising costs
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NewsFreshcut Foods close to new investment as Perwyn lines up exit
Perwyn hired advisors at US-based investment bank Stephens to explore options for the fresh ingredients supplier earlier this year.
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NewsDavid Wagstaff made St Pierre MD as David Milner moves on following Grupo Bimbo sale
Wagstaff brings more than 30 years’ experience in the food and drink industry to the role
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NewsCapVest’s Second Nature Brands acquires Brownie Brittle
The international snacking group is looking to scale up in its domestic US market
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NewsCapreolus Fine Foods merges with Deli Farm Charcuterie
Production of the Deli Farm range will move to Capreolus’s site in West Dorset, where the team will continue to make products using Cornish meat
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NewsCity snapshot: Irn-Bru owner AG Barr acquires energy drinks brand Boost
The group said the deal would boost profits and demonstrated its ongoing strategy to develop in high-growth and functional categories.
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NewsFullers Foods undergoes buyout with current MD Smith as new CEO
Frozen specialist Fullers Foods International has undergone a management buyout, with the fourth generation of the family business selling for an undisclosed sum