M&A – Page 53
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NewsDiageo expands non-alcoholic portfolio with Rheinland Distillers investment
Diageo-owned drinks accelerator Distill Ventures has invested in award-winning German gin maker Rheinland Distillers
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NewsAF Blakemore acquires online wholesaler and retailer Vegan Store
The specialist vegan operator currently sells via the veganstore.co.uk website and its wholesale version, veganstorewholesale.com
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NewsBestway Retail announces plans to sell off 37 company-owned stores
All of the stores for sale were part of Bestway’s £7.25m acqisition of Conviviality Retail in 2018
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NewsBaxters expands into chilled foods with Orexis acquisition
The Edinburgh-headquartered group completed the acquisition of Orexis Fresh Foods for an undisclosed price this month
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Analysis & FeaturesWith negotiations back on after lockdown, what now for Walmart’s sale of Asda?
Walmart has restarted talks with a number of third-party investors
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NewsCMA clears Amazon’s 16% investment in Deliveroo
The long-running decision saga has seen the authority flip-flop between allowing the deal to proceed and halting it
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NewsDawn Meats takes full control of Dunbia JV
Dawn said it would continue to trade under the Dunbia brand in the UK and under the same management
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NewsFood and drink deals decline but activity still ‘surprisingly high’
UK food and drink dealmaking slumped in the second quarter, but the sector continued to see a “surprisingly high” level of activity given the economic disruption caused by the lockdown.
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NewsEuro Food Brands snaps up The Food Doctor for an undisclosed amount
The Food Doctor joins Euro Food Brands’ portfolio of international brands, including Reese’s, Barilla, Campbell’s Soup, Ainsley Harriott and Voss
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NewsCAMRA calls for competition watchdog to investigate Carlsberg-Marston’s deal
The group believes the merger will reduce the availability of beer to pub-goers
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NewsFever-Tree buys German distributor Global Drinks Partnership
Global drinks mixer firm Fever-Tree has announced the acquisition of Global Drinks Partnership, the group’s sales agent in Germany, in a package worth €9.5m.
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NewsCity snapshot: Uber confirms $2.65m Postmates US food delivery acquisition
Uber said Postmates is highly complementary to Uber Eats, with differentiated geographic focus areas and customer demographics
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NewsVibrant Foods snaps up Cofresh Snack Foods to bolster mainstream push
Exponent-backed Vibrant Foods closed the deal for the Leicester-based bagged snacks group this week for an undisclosed sum
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Comment & OpinionCoty’s Kim K collab could bring the star power high street beauty needs
High street cosmetics haven’t fared well in lockdown. Can Coty’s partnership with Kim Kardashian West’s KKW Beauty help turns their fortunes?
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NewsCoty buys into $1bn Kim Kardiashian West beauty empire
US consumer group Coty has bought a stake in the cosmetics company of Kim Kardiashian West, valuing the business at US$1bn.
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NewsAmazon-Deliveroo deal provisionally cleared by CMA, again
The CMA first provisionally cleared the deal in April after being told the food courier company could go bust without it
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NewsExponent launches Vibrant Foods to consolidate Asian and healthy brands
Private equity player Exponent has created a new venture to consolidate brands in the Asian and free-from markets.
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NewsSwedish vegan brand Oumph snapped up by newcomer LiveKindly Co
Oumph joins the recently purchased Fry Family Food Co and LikeMeat in Livekindly’s growing portfolio of plant-based brands
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NewsPepsiCo takes stake in £70m free-from brand Rude Health
PepsiCo has invested in Rude Health in a deal valuing the free-from brand at more than £70m, it has emerged.
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NewsCity News: Premier Foods shares boosted by news of possible Hovis sale
The bread brand’s 51% owner Gores Group has reportedly hired banker Baird to find a buyer for Hovis