M&A
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NewsNewlat to buy Diageo operations in Italy to grow drinks exposure
The factory in northern Italy produces alcoholic and non-alcoholic drinks
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NewsJTI takes controlling stake in UK’s biggest independent vape company Flavour Warehouse
JTI confirmed the deal, saying it was ‘in line with our exploratory approach for reduced-risk products beyond heated tobacco sticks’
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NewsUnited Wholesale Scotland moves south with Time Wholesale acquisition
United Wholesale Scotland will take over the business in July
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Comment & OpinionThree reasons ABF is now talking to Hovis about Kingsmill
There is no guarantee a Best of Both merger will be a success for Kingsmill and Hovis
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NewsPoundland adds Modella Capital to ‘shortlist’ of potential buyers
Private equity firm Modella, which recenly bought WH Smith’s high street stores for £76m, is said to be among a handful of bidders for Poundland
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NewsMedia Bites 7 May: trade pacts, Jason Tarry, tartare sauce
Government trade deals around the globe dominate the headlines
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NewsKingsmill supplier ABF confirms merger talks with Hovis owner Endless
The mooted deal ‘could be structured as an acquisition of Hovis by ABF, according to analysts’
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NewsDoorDash acquisition of Deliveroo approved by board
US food delivery giant DoorDash is to acquire Deliveroo for £2.9bn
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NewsValeo acquires Italian sweet bakery manufacturer Freddi Dolciaria
Sponge cake specialist Freddi Dolciaria is headquartered in Castiglione delle Stiviere
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NewsPernod sells wine business to Accolade, creating new Vinarchy brand
Pernod Ricard has sold its entire international wine business to the owner of Accolade Wines
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NewsLab-grown seafood player BlueNalu seals partnership with Birds Eye owner Nomad
The strategic partnership will see the two businesses work together on a market-entry strategy for BlueNalu’s cell-cultivated seafood in the UK
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Category ReportGut instinct: trends in soft drinks 2025
Soft drinks carrying gut health claims are turning heads among investors and winning space in stores. So, who’s cashing in most?
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NewsDeliveroo shares surge on takeover news
As per takeover rules, DoorDash has until 5pm on 23 May to provide Deliveroo with a firm offer
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NewsMiddle East meal delivery player Calo launches in UK, absorbs two local brands
Calo delivered more than 10 million meals last year across Saudi Arabia, Bahrain, UAE, Kuwait, and Qatar
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NewsMüller snaps up Biotiful Gut Health in £100m-plus deal
Kefir brand Biotiful Gut Health has been acquired by dairy giant Müller for an undisclosed figure
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NewsCity snapshot: KKR nears €2.5bn deal for Karo Healthcare
A deal would be counter to the downbeat mood following Donald Trump’s decision to place tariffs on almost every country
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NewsArla and German dairy giant DMK announce plans to merge
The merger ’represents a union of shared values and complementary strengths’, the pair said
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NewsDiageo swaps US Cîroc rights for stake in LeBron James’ Lobos 1707 tequila
Diageo will retain the rights to Cîroc in global markets including the UK
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NewsDistressed craft brewers ‘not attractive’ acquisition targets, insolvency firm warns
Many craft breweries in recent years have been sold for valuations far below those given in previous fundraising founds
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NewsEgg giant Eurovo enters the UK with purchase of Two Chicks
Eurovo is one of the largest European egg producers, sold in over 40 countries and with annual sales over €1.25bn