M&A – Page 4
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NewsForest Feast owner Kestrel snaps up Indie Bay Snacks from Nurture Brands
The premium pretzel brand, launched by Dafna Bonas in May 2016, sells its low-calorie and low-fat snacks in the grocery, travel and DTC channels
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NewsAsda hires former Morrisons supply chain director Lauren Lepley
Lepley will join in early December as vice president central operations, having parted ways with Morrisons earlier this year
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NewsPure Pet Food fetches £15m backing to support growth
Set up by childhood friends Daniel Valdur Eha and Mathew Cockroft in 2013, the Yorkshire-based business today employs more than 100 staff and serves in excess of 40,000 regular subscription customers
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NewsTate & Lyle targeted by US buyout specialist Advent International
Although there is no certainty an offer will be made, it is expected to be higher than Tate & Lyle’s £2.8bn market value
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NewsVegan Food Group sells German factory to European tofu player
European tofu producer New Originals Company will continue to partner with VFG after buying the Wiesbaum site from the group
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NewsSt Peter’s continues expansion with Portobello Brewing investment
Suffolk-based St Peter’s has undergone a significant expansion in the last year following the buyout of Curious Brewery and The Wild Beer Co
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NewsApplied Nutrition hopes for £400m valuation as Mohsin Issa commits to IPO
Applied Nutrition has revealed Asda owner Mohsin Issa is committed to the group’s upcoming London IPO, which will see the sports supplements brand valued at up to £400m
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NewsAlara Wholefoods transfers ownership to employees
The business, which makes a range of organic muesli, porridge and bircher, formally moved into the employee-owned trust scheme this week
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NewsUnilever finally completes exit from Russia
Unilever had previously resisted calls to exit Russia
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Analysis & FeaturesHow Company Shop was turned around
After Company Shop Group was acquired by Biffa it started losing money. But a dramatic turnaround has been achieved by helping its members and its suppliers
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NewsFrench sugar supplier Tereos fined £25k over Tate & Lyle merger
The French sugar giant has been fined £25k for failing to disclose relevant information over its recent merger with Tate & Lyle Sugars
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NewsCity snapshot: Mérieux NutriSciences agrees €360m deal with Bureau Veritas
Food safety company Mérieux NutriSciences has agreed to acquire the food testing business of Bureau Veritas for €360m
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Analysis & FeaturesOC&C Global 50: how have fmcg giants fared in yet another stormy year?
The major multinationals saw sluggish growth in a turbulent 2023 and, despite falling inflation, are struggling to regain momentum
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NewsBelgian dessert makers merge to become Mellow
Two Belgian dessert manufacturers have merged in a bid to become a leading player in the global desserts market
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NewsM&A activity makes a comeback as Carlsberg and Newlat lead surge of deals
Deal volumes in Q2 grew 32% year on year, with 49 transactions completed
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NewsMondelez takes minority stake in non-HFSS doughnut brand Urban Legend
The tie-up will help Urban Legend accelerate its growth
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NewsCapVest-owned Natra acquires Belgian luxury chocolatier Gudrun
CapVest-owned chocolate maker Natra has swooped to acquire Belgian luxury chocolatier Gudrun to create a global confectionery platform
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NewsCity snapshot: Applied Nutrition fires starting gun on London IPO
Sports supplements group Applied Nutrition has revealed plans to float on the London Stock Exchange in an IPO that is expected to value the Liverpool-based company at £500m. Plus, pre-tax losses at Gusbourne have widened in the first half as saled came in below expectations
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NewsRheal hires advisors as it explores sale and expansion options
Rheal has hired M&A advisors to explore a sale of the rapidly growing superfoods brand as it looks to expand the business further into the grocery channel and international markets
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NewsDiageo strikes deal for US non-alcoholic spirits market leader Ritual
Diageo took a minority stake in Ritual via its Distill Ventures incubator in 2020