M&A – Page 2
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NewsAu Vodka sold to US spirits giant Sazerac
The Swansea-based brand will join RTD peer BuzzBallz in Sazerac’s portfolio
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NewsRanjit Boparan strikes Muscle Food rescue deal to add to meat empire
Boparan Private Office acquired the business and assets of Muscle Foods Ltd from administrators at insolvency firm Mackay Goodwin
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NewsCrabbie’s ginger beer brand sold to Brookfield Drinks
It comes as Halewood Artisanal Spirits looks to reorient to a ‘spirits-focused artisanal brand strategy’
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Category ReportWhy supplements brands are going gangbusters
What are the hot areas of growth in supplements? What is driving this shift in mindset? And what does it mean for OTC medicines and the wider healthcare arena?
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Comment & OpinionWhy Nichols’ VitHit acquisition is a smart way to buy into wellness
The functional wellness brand sits exactly where Vimto can’t reach, according to Nichols CEO Andrew Milne
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NewsNichols buys Irish vitamin drink brand VitHit for £64m
Founded in 2001, VitHit offers a range of low-calorie still and sparkling drinks fortified with vitamins and minerals
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Comment & OpinionWith Argos deal done, Sainsbury’s faces big decisions
Freed of the Argos millstone, will Sainsbury’s turn to Asda, Morrisons or the wholesale sector?
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Analysis & FeaturesSainsbury’s-Argos: what sale means for both businesses
Sainsbury’s combination with Argos 10 years ago never quite worked. Why? And as it finally decides to sell the business, what happens next?
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NewsPernod Ricard affiliate Corby Spirit & Wine offloads Lamb’s rum brand in £20m deal
In the UK, Lamb’s rum is distributed by Pernod Ricard
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NewsFood and drink ‘most attractive sector’ for deals, analysis finds
Food and drink has made up the majority of deals within consumer and retail so far this year
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Comment & OpinionEditor’s Picks: Sainsbury’s split from Argos, Asda growth and food security
No one was expecting this morning’s surprise announcement when we reported that Sainsbury’s has agreed to sell Argos
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NewsThe supermarket big hitters behind the Argos buyout
Swift, the newly established company set up to acquire Argos, is led by Richard Pennycook, Trevor Strain and Matt Truman, executive chairman of True Capital, which is backing the deal
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News‘Sainsbury’s and Argos will continue to work in partnership’, Simon Roberts confirms
Sainsbury’s CEO Simon Roberts has confirmed Argos will continue to operate inside the supermarket’s stores, with plans for all 14,000 staff to transfer across to Argos
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NewsSainsbury’s £120m sale of Argos: the market responds
Shares in the FTSE 100 group raced 3.5% higher to 368p as markets in London opened today and analysts also reacted positively
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NewsSainsbury’s sells Argos to veteran retail team for £120m
Sainsbury’s will sell off Argos for more than £120m to a newly established company formed by retail heavyweights Richard Pennycook, Trevor Strain and Matt Truman
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NewsCafeology undergoes MBO to secure sustainable future
Sustainable coffee company Cafeology has completed a management buyout to give its founding shareholders a partial exit
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NewsBritish brand Protein Balance aiming to take meat snacking by storm
All Steak and The Temples of War Gods have partnered in a new joint venture dubbed ‘Protein Balance’, which will be based out of All Steak’s manufacturing facility in Forres, Scotland
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NewsDamm UK moves beyond beer with Dalston’s Soda deal
Dalston’s will also become the first soft drinks partner of a newly launched accelerator programme run by Damm UK
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NewsSouthern Co-op transfers into Co-op Group subsidiary as CMA review continues
Southern Co-op has transferred to a wholly owned subsidiary of Co-op Group called Siena Co-op, meaning Southern Co-op is now legally part of the wider Co-op Group structure
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NewsBrown-Forman rejects unsolicited $15bn takeover approach from Sazerac
A statement from Brown-Forman last night confirmed it had received an unsolicited approach from Sazerac but had concluded the offer was ‘not actionable’