M&A – Page 83
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NewsKKR snaps up Unilever spreads division for £6bn
KKR has emerged victorious in the race to buy Unilever’s spreads business, which includes the Flora, Stork and I Can’t Believe It’s Not Butter brands, with a €6.8bn (£6bn)
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NewsConviviality saves 1,300 jobs at P&H subsidiary WS Retail
Deal significantly ups Conviviality Retail’s presence in the south and south west of England…
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NewsCity snapshot: Conviviality offers to buy 127 Central Convenience stores following P&H collapse
Bargain Booze owner Conviviality has offered to buy 127 Central Convenience stores from WS Retail, following the collapse of its parent Palmer & Harvey into administration. Plus all the rest of the latest news from the City
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NewsPoundland 'bound' to be sold in 2018
Discount chain Poundland is “bound to be put up for sale” in the new year as its South African owner Steinhoff battles to survive after being rocked by an accounting scandal, retail analysts suggested.
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NewsPepsiCo to launch van sales division after P&H talks fail
A further 400 P&H staff have been made redundant taking the total to 2,850
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NewsNorwich craft brand Redwell Brewing rescued with buyout from private investors
Company founders Amy Hancock and Patrick Fisher have left the business after the administrators were called in
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NewsSSP Group buys 25 travel concessions across Germany
Last year the outlets in Germany recorded €30m worth of sales
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NewsCity snapshot: Nestlé buys Canadian supplement company Atrium for $2.3bn.
Nestlé (NESN) has agreed a deal to buy privately-held nutritional health products producer Atrium Innovations to expand its global consumer goods business. Plus Poundland owner Steinhoff’s shares plunge amid accounting irregularity, £3.4bn European shopping centre merger, supermarket shares surge and all the rest of the latest news from the City.
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Analysis & FeaturesDoes Casino mean Ocado's hi-tech gamble has paid off?
The investment at Andover now looks prescient rather than risky
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Analysis & FeaturesIs the Waitrose of the north about to become just that?
Rumours over a Booths sale have put both John Lewis and Amazon in the frame, but stores are no longer such hot property
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NewsEuro Garages picks up 1,000 German Esso service stations
The deal means EG Group will operate about 3,500 stations across Europe…
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NewsHain Celestial buys UK sweetener producer Clarks
Hain Celestial has announced it has agreed to acquire Welsh sweetener supplier Clarks to sit within its wholly-owned Hain Daniels UK business.
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NewsCity snapshot: Pots & Co sells stake for £4.6m
Fast growing desserts supplier Pots & Co has sold a minority stake valuing the business at £36m. Plus a look at what else is in this week’s edition of The Grocer and all the latest news from the City.
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NewsHeineken snaps up 49% stake in Brixton Brewery
The Dutch brewing giant’s undisclosed investment will go towards moving the four-year-old Brixton Brewery to a new site
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NewsCity snapshot: Booths hires Rothschild to find a buyer
Upmarket northern supermarket chain Booths has reportedly hired Rothschild to lead a sales process that could be worth up to £150m. Plus a look ahead to events in the City this week, including results from Greencore, Britvic and Cranswick, and all the rest of the latest finance news.
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NewsCharles Wilson criticises anti-merger 'little island' wholesalers
Rivals would have to up their game to succeed, Wilson told The Grocer in an exclusive interview
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NewsNestlé target Hain out of running for Meridian stake
Hain Celestial is understood to be out of the running for nut butter brand Meridian as the wider group becomes a multi-billion dollar target for Nestlé.
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NewsYo Sushi eyes retail move after completing Bento Sushi deal
Yo Sushi is understood to be plotting a move into UK branded retail after buying a multi-platform Canadian contemporary
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NewsBerryWorld in merger with Beekers
The merger will provide a base for BerryWorld’s European arm to grow retail markets in central, eastern and southern parts