M&A – Page 47
-
NewsOhso Chocolate sells 75% stake in sweet investment deal
Under the umbrella of S-Ventures, Ohso will look to develop the product range, continue to grow its existing product lines and consider partnering opportunities with other major brands to use its technology.
-
NewsIssa brothers ‘complete’ Asda takeover deal
The deal is still dependent on receiving the go-ahead from the Competition & Markets Authority
-
NewsCity snapshot: Coca-Cola European Partners sweetens offer for Coke bottler Amatil
Coca-Cola European Partners has sweetened its offer for Asia-Pacific Coke bottle Coca-Cola Amatil to reflect an improvement in global trading conditions. Plus, Kerry Group reveals plans to buy Spanish biotech firm, Jim McCarthy steps down as Wynnstay chairman and Ultimate Products acquires German kitchen electrical brand Petra.
-
NewsCity snapshot: Symington’s hires advisors as it eyes £100m sale
The private equity owners of Leeds-based food group Symington’s have hired bankers to explore sales options. Plus, Kraft Heinz sells nuts business to Hormel Foods for $3.4bn, PepsiCo boosted by at home snack consumption and all the rest of the latest news from the City
-
NewsSymington’s private equity owner explores sale options
Chicken Tonight owner Symington’s has hired advisors to explore sale options following a successful turnaround
-
NewsCMA gives Diageo the green light to complete Chase acquisition
UK regulators have cleared Diageo’s acquisition of Chase Distillery after concluding the deal will not result in a “substantial lessening of competition”.
-
NewsChapel Down drops beer business Curious Drinks to focus on wine
Chapel Down invested heavily into building the Curious brand over the past decade
-
NewsPeak Rock Capital invests in packaging firm AMB
Private equity investor Peak Rock Capital has acquired Italian packaging specialist AMB alongside the company’s founders, current owners and management team
-
NewsM&A deals rebound in fourth quarter as COVID freeze thaws
Food and drink M&A rebounded sharply at the end of 2020 as pent-up demand, optimism over post-coronavirus economic recovery and potential tax hikes encouraged deal activity
-
NewsConcerns raised over Asda deal debt
The Issa brothers aim to fund the buyout of Asda using around £3.7bn of junk-rated debt
-
NewsCertas Energy acquires seven forecourts in north east England
The portfolio of forecourts span Bishop Auckland, Crook, Howden-le-Wear, South Shields, Stockton, West Rainton and Witton Gilbert
-
Analysis & FeaturesWill Valeo Foods have any biters at £1.5bn?
Reports indicate a £1.5bn price tag on Valeo Foods – but is the timing right for a sale?
-
NewsCity snapshot: EG Group to buy Asda forecourts for £750m
The Issa brothers and TDR capital have announced a financing package to underpin their £6.8bn acquisition of Asda from Walmart, which includes plans to sell the supermarket’s forecourts business and certain distribution assets. Plus, Jeff Bezos to step down at Amazon and all the rest of the latest news from the City.
-
NewsJW Filshill acquires Eldorado Wines as it eyes growth through diversification
The new business stream will operate under a subsidiary, Differentiator Brands
-
NewsReckitt venture arm invests £4m in Indian male grooming player
Reckitt Benckiser’s venture division has led a £4m funding round in Indian-based Bombay Shaving Company.
-
NewsPepsiCo and Beyond Meat launch ‘win-win’ Planet Partnership joint venture
The move will also see the consumer goods giant launch a new range of sustainable, ethical products
-
NewsPots & Co lines up US expansion with General Mills cash
The investment arm of General Mills, 301 Inc, has invested an initial £5m into Pots & Co to help fund its US and range expansion
-
Analysis & FeaturesWhat Stuart Rose brings to EG Group
Analysts have welcomed the appointment of the former Ocado chairman and CEO of M&S
-
NewsCity Snapshot: Pots & Co receives £15m boost from General Mills’ venture arm
Posh pudding brand Pots & Co is eyeing a scale-up of its US operations and expansion of its savoury ranges after receiving multimillion-pound backing from the venture capital arm of food giant General Mills.
-
Comment & OpinionBeyond Meat and PepsiCo’s Planet Partnership has big mutual benefits
The new company will combine Pepsi’s marketing expertise and commercial heft with Beyond’s plant protein savvy