M&A – Page 11
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Analysis & Features
Why is Unilever selling its ice cream business?
Unilever wants to spin off its £7bn-sales global ice cream business. Why? Who wants to buy it? And will it work?
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News
Wilton London brand rescued from liquidation by Boomerang Media
Wilton’s staff were notified the business had called in liquidators via email last month
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News
The Famous Grouse set to change hands as Edrington agrees sale to William Grant & Sons
The UK’s largest scotch whisky is on the move
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News
Agroberries acquires BerryWorld to become second largest berry company
The combined company will commercialise approximately 150,000 tonnes of blueberries, strawberries, raspberries and blackberries per year
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News
Hero Group outlines big expansion plans for Deliciously Ella
Hero CEO Rob Versloot told The Grocer he had also identified significant headroom to grow distribution in the UK in Tesco and Sainsbury’s, where the brand already has a presence, and in Asda, where listings are more limited
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News
CMA to probe Arla Foods Ingredients deal for Volac whey business
Arla’s ingredients division is hoping to transform the site into a global production hub
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News
Stuart Rose-led team to replace Mohsin Issa at helm of Asda
Rose, the former Marks & Spencer boss who became Asda chairman in 2021, will run Asda alongside Rob Hattrell, a partner at joint owner TDR Capital
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News
Campari buys stake in Bunnahabhain whisky brand owner CVH Spirits
CVH Spirits also owns scotch whisky brands Tobermory, Deanston and Black Bottle
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News
Deliciously Ella to supercharge growth as Hero Group acquires plant-based food brand
Founders Ella Mills and husband Matthew, who is CEO at the healthy snacking brand, will remain with the company under the new owners to lead the next stage of growth
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News
Mash Gang acquired by alcohol-free beverage group DioniLife
Mash Gang’s beers include Chug IPA and Stoop lager
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News
City snapshot: General Mills offloads North American yoghurt operations to Lactalis and Sodiaal
General Mills has agreed to sell its North American yoghurt business to French dairies Lactalis and Sodiaal for $2.1bn (£1.6bn). Plus, agricultural supplies group Wynnstay appoints new CEO
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News
Freshways snaps up Pembrokeshire milk processor Totally Welsh Dairy
The deal will see Freshways use Totally Welsh’s new glass bottling plant to supply its doorstep delivery service
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News
Plant-Ex Ingredients secures seven-figure investment from BGF for international expansion
The investment – in return for a minority stake – will help underpin significant international growth for the Bristol-based business, with a particular focus on the US market
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News
Valeo Foods strikes ‘transformative acquisition’ to buy sweet treats maker IDC Holding
Valeo Foods has snapped up a confectionery and biscuits producer in Slovakia as part of the group’s ambitions to become a major player in the European sweet treats market
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News
CMA opens investigation into Carlsberg’s £3.3bn Britvic takeover
The CMA is inviting comments on the deal from companies and organisations with knowledge of the drinks industry before deciding whether to launch a formal Phase 1 merger inquiry
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Analysis & Features
Why has the ‘Chicken King’ sold poultry arm to himself?
2 Sisters’ European poultry business will now be run separately
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News
The Compleat Food Group acquires Harvey & Brockless for undisclosed sum
This is the latest strategic acquisition by The Compleat Food Group in its ambition to become ‘the UK’s number one chilled prepared food company’
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News
‘Chicken King’ Ranjit Singh offloads Euro poultry business to Boparan Private Office
The sale of the business to Boparan Private Office is subject to approval by Polish anti-trust authorities and is due to complete later this month
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News
Pernod Ricard takes minority stake in Lewis Hamilton’s Almave tequila alternative
The brand was founded by Hamilton in 2023
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News
Britvic shareholders vote in favour of £3.3bn takeover by Carlsberg
Over 99% of votes cast were in favour of the transaction proceeding