M&A – Page 4
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NewsPernod sells wine business to Accolade, creating new Vinarchy brand
Pernod Ricard has sold its entire international wine business to the owner of Accolade Wines
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NewsLab-grown seafood player BlueNalu seals partnership with Birds Eye owner Nomad
The strategic partnership will see the two businesses work together on a market-entry strategy for BlueNalu’s cell-cultivated seafood in the UK
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Category ReportGut instinct: trends in soft drinks 2025
Soft drinks carrying gut health claims are turning heads among investors and winning space in stores. So, who’s cashing in most?
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NewsDeliveroo shares surge on takeover news
As per takeover rules, DoorDash has until 5pm on 23 May to provide Deliveroo with a firm offer
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NewsMiddle East meal delivery player Calo launches in UK, absorbs two local brands
Calo delivered more than 10 million meals last year across Saudi Arabia, Bahrain, UAE, Kuwait, and Qatar
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NewsMüller snaps up Biotiful Gut Health in £100m-plus deal
Kefir brand Biotiful Gut Health has been acquired by dairy giant Müller for an undisclosed figure
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NewsCity snapshot: KKR nears €2.5bn deal for Karo Healthcare
A deal would be counter to the downbeat mood following Donald Trump’s decision to place tariffs on almost every country
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NewsArla and German dairy giant DMK announce plans to merge
The merger ’represents a union of shared values and complementary strengths’, the pair said
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NewsDiageo swaps US Cîroc rights for stake in LeBron James’ Lobos 1707 tequila
Diageo will retain the rights to Cîroc in global markets including the UK
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NewsDistressed craft brewers ‘not attractive’ acquisition targets, insolvency firm warns
Many craft breweries in recent years have been sold for valuations far below those given in previous fundraising founds
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NewsEgg giant Eurovo enters the UK with purchase of Two Chicks
Eurovo is one of the largest European egg producers, sold in over 40 countries and with annual sales over €1.25bn
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NewsSierra Tequila owner Stock Spirits buys UK distributor The Drinks Company
The deal will bring UK distribution of Sierra Tequila – the number one tequila in the off-trade – under Stock Spirits’ direct control
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NewsGreencore to buy rival food-to-go firm Bakkavor for £1.2bn
Bakkavor had previously rebuffed two offers from Greencore, including a £1.1bn approach last month.
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NewsOil specialist KTC Edibles bought by Whitworths Food Group
KTC has been owned by private equity firm Endless since May 2022
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NewsUnilever acquires sustainable deodorant brand Wild
The terms of the deal have not been disclosed but it is believed to value Wild at around £230m
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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
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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
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NewsGreencore raises bid for rival Bakkavor, says report
Bakkavor has already rebuffed two offers from Greencore, including a £1.1bn approach earlier this month
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NewsUnilever to sell The Vegetarian Butcher brand to Vivera
Unilever has agreed to sell The Vegetarian Butcher to Vivera for an undisclosed sum
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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