All Mergers and acquisitions articles – Page 12
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News
Framptons aims to be leading oat milk supplier after takeover by Swedish investment firm
Contract manufacturer Framptons has secured its future after being taken over by a Swedish investment company
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News
2 Sisters hunts buyer for Gunstones hot cross bun bakery
2 Sisters Food Group has hired bankers to find a new home for its hot cross bun bakery in Derbyshire as part of continuing efforts to offload non-core assets.
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News
Ricky Gervais takes ownership stake in Ellers Farm Distillery
Gervais said he had ‘been looking to invest in eco-friendly businesses for a while’
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Comment & Opinion
Offloading Milk & More to Freshways is a game-changing move
Freshways has made a bold move with its Milk & More acquisition, but why now and why this business?
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News
Müller sells Milk & More to Freshways in shock deal
Müller said the sale followed a strategic review of the business, which found it was not core to its more B2B-focused operation
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News
Real Good Food hires recovery specialist as it sells off Rainbow Dust brand
Cake decoration specialist Real Good Food has sold its Rainbow Dust brand and hired an insolvency specialist to explore options for the remaining Renshaw business
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News
City snapshot: Kitwave strengthens foodservice division with Wilds of Oldham deal
Buy-and-build wholesaler Kitwave Group has added another business to its portfolio with the acquisition of Wilds of Oldham. Plus, McBride issues a trading update, CCEP agrees Coca-Cola Beverages Philippines deal and Compass announces “a strong” year.
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Comment & Opinion
Hotel Chocolat, last bastion of British chocolate innovation, has sold out to Mars
It’s the end of the road for British chocolate, but Angus Thirlwell’s dream is still alive
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News
Hotel Chocolat sold to Mars to enable global expansion
Premium confectioner Hotel Chocolat has agreed a £534m sale to US giant Mars after conceding it was unable to accelerate international growth even as a publicly listed company
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News
VFC launches new ingredients range into Morrisons
Meat-free challenger brand VFC has launched its first range of uncoated vegan chick*n breasts and mince
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News
City snapshot: Hotel Chocolat agrees £534m sale to Mars
Hotel Chocolat has agreed a £534m sale to confectionery giant Mars as its current share price does not reflect the “value and potential” of the group. Plus Premier Foods upgrades guidance following strong first half growth.
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News
CMA clears ABP acquisition of Scotbeef meat plants
The Irish red meat giant announced it was acquiring two Scotbeef operations in June
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News
Pilgrim’s UK boss Siqueira lands new European role in big integration move
Siqueira’s appointment heralds the start of further integration between JBS-owned businesses Moy Park, Pilgrim’s UK and Pilgrim’s Food Masters
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Analysis & Features
How Britain’s 150 biggest food and drink suppliers are faring
Big or small, own-label or branded, the UK’s food and drink suppliers are struggling to balance cost inflation recovery with volume and share, finds the OC&C 150 report
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News
Premier Foods makes further breakfast move with £34m Fuel10K deal
Premier Foods is set to take on the big players in the breakfast aisles following the £34m acquisition of protein-focused challenger brand Fuel10K.
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News
Raynor Foods shifts to employee ownership model
Family run food-to-go supplier Raynor Foods has transformed its ownership structure and transferred the entire shareholding to its 300 employees
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Comment & Opinion
Clever Fuel10K acquisition can fuel growth and power ESG goals of Premier Foods
With its Fuel10K acquisition, Premier Foods is ready to do serious battle with Kellogg’s, Weetabix and Cereal Partners by taking a bite out of the breakfast market
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News
City snapshot: Premier Foods snaps up Fuel10K in £34m deal
Premier Foods has expanded its presence in the breakfast category with the £34m acquisition of protein brand Fuel10K
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News
Unilever boss unveils strategy ‘action plan’ as business sells Dollar Shave Club
Unilever this week kicked off a strategy reset to focus on its core brands and sell off the Dollar Shave Club
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News
City snapshot: AG Barr acquires Rio soft drinks brand
AG Barr has announced it has agreed a deal to acquire Rio Tropical, the owner of the Rio soft drinks brand.