M&A – Page 7
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NewsRefresco snaps up Frías Nutrición to expand plant-based capabilities
Bottling giant Refresco has agreed to acquire Spanish plant-based drinks maker Frías Nutrición
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NewsCity snapshot: Gusbourne up for sale as Lord Ashcroft considers options
Gusbourne is the latest English winemaker to be put up for sale, revealing this morning that Lord Ashcroft is open to selling his majority shareholding. Plus, Ocado announces “significant development” of its partnership with North American grocer Kroger
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Comment & OpinionPernod Ricard’s wine disposal will diminish its UK presence
Selling the likes of Jacob’s Creek and Campo Viejo makes sense, but it will make Pernod Ricard much less of a UK powerhouse
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NewsPets Choice expands premium range with acquisition of plant-based petcare brand Hownd
Hownd offers a range of plant-based wet and dry dogfood, wellness treats and cruelty-free certified petcare products, such as shampoo and ear cleaner
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NewsCapVest closing in on Butcher’s Pet Care buyout
The Grocer has learned that CapVest is the last remaining party in the long-running auction being conducted for the petfood maker by investment bank Houlihan Lokey
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NewsRegal Foods expands desserts offering with Love Cheesecakes deal
Regal Food Products has bolstered its chilled desserts offering with the acquisition of artisan cheesecake maker Love Cheesecakes
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NewsCity snapshot: Pernod Ricard offloads international wine brands to Accolade Wines owner
Pernod Ricard has agreed to sell its portfolio of international wine brands to the owner of Accolade Wines. Plus, food and drink inflation falls again and Meatly receives regulatory clearance to sell cultivated meat for pet food in the UK
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NewsFrench baker secures UK presence with takeover at Village Bakery
M&S bread supplier Village Bakery has been acquired by French family bakery group Menissez
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NewsAsda signs Staniland amid top job shake-up
Asda said Staniland – a highly regarded figure in the industry – would join Asda in a VP role next March
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NewsVBites founder Heather Mills acquires vegan online retailer Alternative Stores
Mills’ acquisition of the plant-based store is to support her mission to create a ‘one-stop shop for convenience’
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Comment & OpinionA Carlsberg Britvic ‘one-stop shop’ is compelling but not a done deal
Improved deal has the blessing of the Britvic board, but its shareholders may still wish to hold out
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NewsBritvic deal ‘completely unrelated’ to loss of San Miguel contract, Carlsberg Group CEO says
Jacob Aarup-Andersen said Carlsberg would back its other world beer brands to make up for losing San Miguel
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NewsCarlsberg to buy Britvic in £3.3bn deal
The deal will see Britvic shareholders receive a 36% premium for their shares
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NewsCity snapshot: Carlsberg agrees £3.3bn takeover offer with Britvic
Carlsberg has struck a deal to buy Britvic for £3.3bn as the soft drinks group agreed to a renewed higher offer from the Danish brewer. Plus, a Q3 trading update from Britvic and Ocado continues to expand its partnership with Japan’s Aeon
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NewsVillage Bakery set for imminent sale
A buyout at premium own-label bread maker Village Bakery is nearing a conclusion, with a European trade player set to announce a deal within days, The Grocer has learned
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Comment & OpinionLosing San Miguel is a blow for CMBC, and a coup for Budweiser Brewing Group
Losing its biggest UK beer brand by sales value will increase Carlsberg’s thirst for a deal with Britvic
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NewsCity News: Carlsberg approach for Britvic divides City opinion
When news of Carlsberg’s shock £3.1bn bid for Britvic broke, investors in the companies had wildly divergent reactions, underscoring doubt about the wisdom of the brewer’s approach
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Comment & OpinionCarlsberg buying Britvic? Seems radical, but it might just start a trend
It would be quite a radical departure for an alcoholic drinks supplier, but operationally there are big positives
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NewsCornwall’s Trewithen Dairy acquired by German dairy giant Ehrmann
The deal will see Ehrmann invest £20m in an upgrade of Trewithen’s manufacturing site as it seeks to increase its reach in the UK
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NewsCity snapshot: English winemaker Chapel Down instigates strategic review
The UK’s largest winemaker has announced it will conduct a strategic review of the business that could result in a sale of the company