M&A – Page 112
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Analysis & FeaturesAB InBev’s willingness to shed Peroni and Grolsch shows where its priorities lie
It’s no secret that a combined AB InBev and SABMiller will be forced to sell-off a number of brands to get the deal past various regulators, but news that top European brands are potentially being lined up for sale comes as more of a surprise.
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NewsLidl buys German recipe box home delivery business
Lidl has bought German recipe box home delivery start-up Kochzauber
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NewsAshish and Haresh Patel win Londis Bring a Friend competition
Patel brothers join Londis via Bring a Friend competition
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NewsGenius plans to hike frozen sales with Chapel acquisition
The free-from bakery brand has bought the supplier in a £3.5m deal
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NewsScottish craft brewer Broughton Ales acquired by industry trio
Brewery produces brands including Greenmantle Ale, Old Jock, Hopopotamus IPA and Blonde Lager
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NewsHKS Holdings adds 23 forecourt sites with deal for Brobot Group
HKS Holdings completes deal to buy 23 forecourt sites…
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NewsGlanbia snaps up ThinkThin for $217m
Irish nutrition group Glanbia has agreed to acquire a US protein bar producer for $217m.
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NewsUK food and drink M&A set to hit its highest level since 2007
UK food and drink M&A is set to hit its highest level since 2007 after another hike in deals in the third quarter
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NewsLansdell Soft Drinks takes on Jim Ingram business
Lansdell Soft Drinks has taken on the customer base of specialist catering supplier Jim Ingram Wholesale
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NewsScottish beef processor Stoddarts sold to private investors
Scottish beef processor Stoddarts has been sold by owner Neil Stoddart to a group of private investors.
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NewsAB InBev agrees terms of £71bn SABMiller takeover
AB InBev has today reached an agreement to acquire SABMiller for £71bn, after the board of the smaller company accepted an offer worth £44 a share.
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NewsTruly Irish and Oakland link up for distribution deal
Meat and dairy producer Truly Irish Country Foods has agreed a deal with Oakland International
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NewsAdelie sandwich empire set to add Freshpak Chilled Foods
The deal hungry food-to-go supplier is in advanced talks to acquire sandwich filling supplier Freshpak Chilled Foods
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NewsDiageo to make £60m loss on Argentina wine disposal
Diageo has agreed to sell its wine interests in Argentina to the country’s leading producer and distributor for an undisclosed sum.
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NewsOmsco and Cropp Co-op form 'transatlantic balancing pool'
The pool will produce one billion litres of organic milk a year
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NewsReckitt Benckiser wins CMA approval for K-Y acquisition
The UK’s Competition & Markets Authority has waved through Reckitt Benckiser’s acquisition of the K-Y brand following consultation after Reckitt agreed to licence the business in the UK.
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NewsNomad completes £500m takeover of Findus
Nomad Foods has completed the £500m takeover of the European arm of Findus after the deal cleared the relevant anti-trust hurdles.
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News151 Products agrees rescue deal for fmcg
Consumer products group 151 Products has acquired the business and assets of Swirl Products, which trades as fmcg, out of administration.
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NewsOrnua merges two UK businesses to form new dairy division
Irish dairy co-op Ornua is to merge two of its UK-based businesses, Meadow Cheese and The Cheese Warehouse
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NewsS&A Foods appoints administrators after losing Asda business
Own-label ethnic ready meals business S&A Foods has appointed administrators following Asda’s decision to switch