M&A – Page 129
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NewsSuntory buys Jim Beam spirits for $16bn
Japanese firm Suntory has bought US spirits giant Jim Beam for around US$16bn.
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NewsLow interest rates take toll as number of M&A deals declines
The number of mergers and acquisitions in the UK food and drink sector took a tumble in 2013.
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NewsProduce Investments confirms bid for Jersey Royal Company
The Jersey Royal Company is set to be acquired by Produce Investments, owner of potato supplier Greenvale.
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NewsMarigold gloves business sold to FHCS
Vileda owner Freudenberg Home and Cleaning Solutions (FHCS) is acquiring the Marigold household gloves business.
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NewsBestway in acquisition talks with Glasgow's Sher Bros
Bestway has held talks with Scottish wholesaler Sher Bros over a possible acquisition…
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NewsWilliam Reed buys research specialist Allegra Foodservice
William Reed Business Media (WRBM), publisher of The Grocer, has confirmed the acquisition of the Allegra Foodservice business – formerly a division of Allegra Strategies.
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NewsBooths completes acquisition of fruit and veg supplier Sharrocks
Booths has completed the acquisition of its fruit and veg supplier Sharrocks.
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NewsTesco completes sale of Fresh & Easy to Yucaipa
Tesco has completed the sale of its loss-making US arm Fresh & Easy to Ron Burkle-led investment firm Yucaipa.
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NewsDiageo offers to sell distilleries to ease Whyte & Mackay merger
Diageo has offered to sell three of the distilleries in its Whyte & MacKay portfolio to remedy competition concerns raised by the OFT.
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NewsSutaka and Caterway join Landmark Wholesale
Landmark Wholesale has bagged two new members, delivered wholesaler Sutaka and foodservice specialist Caterway…
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NewsBurton's Biscuit Co plans global expansion thanks to new owner
Giant pension fund pledges to support Burton’s Biscuit Co’s expansion following £350m acquisition.
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NewsMüller exits A2 venture but continues milk supply
Müller Wiseman Dairies is set to exit the A2 Milk UK venture but will continue to supply the company with milk and handle processing and distribution for it.
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NewsBurton’s Biscuit Company sold to Camelot owner OTPP
Burton’s Biscuit Company has been sold to Canadian private equity firm Ontario Teachers’ Pension Plan (OTPP) for an undisclosed sum.
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NewsDavid Woods plans speciality bread brand after Fornaia buy
Own-label supplier David Woods Baking is looking to launch a speciality bread brand…
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NewsGerber Emig and Refresco complete soft-drinks merger
The merger of Gerber Emig and Refresco to form soft drinks giant Refresco Gerber with a combined turnover of £2.3bn has been finalised.
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NewsLake District Cheddar is 'safe' insists First Milk
First Milk has insisted the future of the Lake District Dairy Company in the Cheddar category is safe, despite having handed the commercial development and marketing to Adams Foods.
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NewsAccolade buys New Zealand wines Mud House and Waipara Hills
Accolade Wines is to boost its portfolio of New Zealand wines with acquisition of Mud House and Waipara Hills.
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NewsUnited Biscuits pushes McVitie’s in Middle East with Saudi buy
United Biscuits has announced it is to acquire a biscuit manufacturing business in Saudi Arabia as it looks to further establish the McVitie brand in the Middle East.
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NewsSoreen put up for sale by McCambridge
McCambridge is preparing to put malt loaf brand Soreen up for sale, The Grocer understands.
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News£42bn tied up in inefficient working capital by grocery industry
A staggering £42bn is tied up in “inefficient working capital” at the world’s top 40 food and drink companies, according to consultants REL.