M&A – Page 13
-
NewsMajestic to accelerate on-trade ambitions with deal to acquire Enotria&Coe
Majestic said it had identified ‘significant potential’ to grow the business alongside its existing B2B arm
-
NewsWH Smith to rebrand as TGJones after £76m sale
The deal does not include the WH Smith brand, meaning all stores will rebrand as TGJones after a short transition
-
NewsGreencore raises bid for rival Bakkavor, says report
Bakkavor has already rebuffed two offers from Greencore, including a £1.1bn approach earlier this month
-
NewsUnilever to sell The Vegetarian Butcher brand to Vivera
Unilever has agreed to sell The Vegetarian Butcher to Vivera for an undisclosed sum
-
NewsCity snapshot: Pfizer completes £2.5bn Haleon exit
Pfizer still owns about 7.3% of the company, making it the largest shareholder. GSK sold its remaining stake in May last year
-
Comment & OpinionWhat Yeo Valley buying The Collective means for UK yoghurt
Yoghurt giant Yeo Valley bought rival brand The Collective in a surprise move last week – but why did it happen in the first place?
-
NewsPepsiCo acquires gut health soda brand Poppi for $2bn
PepsiCo said the brand’s ‘consumer-first approach, cultural cache and nutritional profile’ had ‘nurtured a loyal fanbase and driven rapid growth’
-
NewsBakkavor rejects Greencore merger approach to create a £4bn food giant
Shares in Bakkavor have rocketed by 16.6% as the markets digested the news
-
NewsDiageo pulls out of Distill Ventures accelerator as part of strategic reshape
Diageo has invested over £245m in more than 35 businesses through the Distill programme
-
NewsDeliveroo CEO Will Shu quashes reports he’s stepping down
“I’m not. You’re hearing it from me,” Deliveroo CEO Will Shu told The Grocer
-
NewsFood & drink deal activity bounces back to five-year high in 2024
Dealmakers are confident momentum in the food & drink M&A market is set to ramp up in 2025 after activity in the industry recovered to a five-year high in 2024
-
NewsCérélia admits CMA defeat and sells Jus-Rol to private equity
London-based Rinkelberg Capital acquired the Jus-Rol business from the French bakery giant after numerous appeals by the group to overturn the CMA’s order to unwind the deal fell flat
-
NewsYeo Valley Production snaps up The Collective yoghurt brand
Yeo Valley said the deal would enable more opportunities for The Collective to ’deliver innovative dairy’ to British fridges
-
NewsCake Box agrees buyout of Asian sweet seller Ambala Foods
The deal consists of £16m for Ambala itself and £6m for its manufacturing facility
-
NewsCompleat Food Group buys The Real Yorkshire Pudding Company
It is the latest milestone in the company’s ongoing spending spree
-
NewsWalgreens Boots Alliance agrees to $10bn private equity takeover
Boots owner Walgreens Boots Alliance has agreed to a $10bn takeover offer from private equity firm Sycamore Partners, bringing the pharmacy giant’s time as a public company to an end
-
NewsWilliam Grant & Sons The Famous Grouse acquisition green-lit by CMA
The deal remains subject to approval in other countries, however
-
NewsCity snapshot: Boots owner closing in on $10bn private equity takeover
Walgreens Boots Alliance is reportedly closing in on a deal worth $10bn to be taken private by a US private equity firm. Also, Valentine’s Day was bigger than ever this year, according to NIQ
-
InterviewsZuber Issa: it’s back to basics for EG’s Man on the Move
Having ‘changed the forecourt sector for the better’ with EG, and learning from the ‘beast’ that is Asda, Zuber Issa is turning his focus to EG On The Move
-
NewsNew Unilever boss Fernando Fernandez set to offload Marmite and other food brands
The surprise departure of Unilever CEO Hein Schumacher this week is likely to speed up a sell-off of non-core brands such as Marmite and put the prospect of transformational M&A back on the table, according to industry experts