All Mergers and acquisitions articles – Page 109
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NewsCity snapshot: Chaucer Food Group bought in $120m Japanese deal
Chaucer is the latest UK-headquartered food group to be snapped up by a foreign buyer in a deal worth more than $120m (£95.4m), The Grocer can reveal. Plus, FTSE 100 fmcg stocks hit by the pound’s recovery and all the rest of today’s news from the City.
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NewsChaucer acquired by Japanese instant food maker Nagatanien
The deal will see Chaucer, which produces freeze-dried fruit & veg for global blue-chip clients such as Kellogg’s, Unilever, Nestlé and Starbucks, continue its push into the US, as well as opening up the Japanese market.
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NewsMcCormick expands European presence with €120m Enrico Giotti acquisition
Spices and sauces giant McCormick has acquired an Italian flavourings business in a €120m cash deal to expand its presence in Europe after walking away from its pursuit of Premier Foods earlier this year.
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NewsFerrero close to Delacre deal with Pladis
The Italian chocolate manufacturer confirmed in a statement that it had made an offer to buy Delacre and DeliChoc, which is also available in the UK.
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NewsSpar to expand into Thailand with Bangchak Retail
Convenience and forecourt operator BRC will open 300 new Spar International stores by the end of 2020
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NewsSnack start-up Emily Crisps secures investment funds
A ‘significant’ minority stake has been sold to investment vehicle Inverleith LLP & Hothouse Brands Ltd
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Analysis & FeaturesCranswick wagers on China with Dunbia pork plant deal
It looks a shrewd move despite razor-thin margins in Ballymena
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NewsKitwave buys independent alcohol wholesaler HB Clark
The wholesaler has also announced Jay MacKay will join the group as the new managing director
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NewsDr Pepper Snapple swoops for $1.7bn health drinks group
Dr Pepper Snapple Group has announced it has agreed to buy US health drinks group Bai Brands for $1.7bn ($1.37bn).
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NewsEagle Eye growth accelerates in first quarter
Grocery tech group Eagle Eye has accelerated its growth rate in its first quarter as relationships with Asda and Sainsbury’s powered revenues 74% higher year on year.
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NewsWeetabix acquires majority stake in Weetabix East Africa in search of growth
Weetabix has taken a big bite out of its East African partner in a bid to bolster its international growth strategy and boost flagging sales.
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NewsGreencore boosts US sales to $1.3bn with Peacock Foods deal
Greencore’s desire to penetrate the US supermarket sector was the prime motivation for its £600m acquisition
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NewsCity snapshot: Pork sale puts focus back on Dunbia's red meat business
The sale of the Dunbia pork division to Cranswick has reignited speculation that a deal for the remaining red meat business is moving closer. Plus, One Stop’s franchise business made a trading loss of £2m and all the latest news from the City.
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NewsDunbia pork deal puts focus on red meat arm
The sale of the Dunbia pork division to Cranswick (CWK) has reignited speculation that a deal for the remaining red meat business is moving closer.
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NewsGreencore swoops for $750m Peacock to "transform" US business
Greencore has announced the US$747.5m (£594.3m) acquisition of US convenience food supplier Peacock to “transform” its business in North America.
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NewsBulldog plans global expansion in wake of Edgewell acquisition
The British male grooming brand is already in 14 countries including Germany, Portugal and South Korea
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NewsBristows and Tuckers bonbon maker saved from administration
Almost 75 jobs have been saved thanks to a rescue deal at the historic bonbon and toffee manufacturer behind the Bristows and Tuckers brands.
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NewsCMA to investigate McColl's purchase of 298 Co-op stores
The competition regulator has kicked off a Phase 1 inquiry into the deal…
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NewsMinioti sugar free ice creams wins backing from digital entrepreneurs
Sugar-free ice cream brand Minioti has sold a 25% stake of the business to four digital entrepreneurs to expand in the UK.
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NewsDanone raises €6.2bn in bond sale to fund €12.5bn WhiteWave deal
The French group said the issue was widely subscribed by “a diversified investor base”, with the bonds to be listed on Euronext Paris.