All Mergers and acquisitions articles – Page 14
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NewsBoots owner explores potential London IPO
The US owner of Boots is once again exploring options to sell off the UK pharmacy chain, including the possibility of a flotation on the London Stock Exchange
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NewsEast London Liquor Co sold in pre-pack administration deal
Existing board members have agreed terms to purchase the distillery, after it was placed into adminstration
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NewsLast-mile platform Stuart teases new year grocery growth following acquisition
Stuart UK general manager John Gillan said the company’s growth in the sector would be driven by supermarkets developing their own quick delivery channels
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NewsBacardi adds Teeling Whiskey to UK portfolio after upping ownership stake
The Patrón Tequila owner will take on distribution of Teeling in markets including the UK, the Netherlands, Germany and Austria
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NewsNewlat confirms Princes talks as process reaches ‘advanced’ stage
Italian food group Newlat has confirmed it is one of the parties vying to acquire canned food giant Princes
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NewsAssisi Group buys Burns Pet Nutrition following PE investment
Assisi Pet Care Group has made its first acquisition since receiving US private equity investment earlier this year
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NewsFramptons targets UK oat milk sector after buyout by Profura
Framptons has set it sights on becoming the number one player in the UK oat milk category after a buyout by a Swedish investment firm secured the contract manufacturer’s future, its new boss has told The Grocer.
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NewsWholebake sells Deeside Cereals to Weetabix in turnaround attempt
Snack maker Wholebake has sold its own-label cereal business to Weetabix in a drive to simplify operations as part of a turnaround effort
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NewsMüller consulting over closure of Hanworth glass bottling site after Milk & More sale
The move follows Müller’s sale of Milk & More to Freshways last week
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NewsTHG buys skincare brand Biossance for ‘less than nothing’
A five-hour bidding process saw THG secure Biossance’s IP, inventory and debtors with a book value of $29m
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NewsWilko back on UK high streets as first new stores open
The stores, in Plymouth and Exeter, are the first two of five planned by CDS Superstores, which bought the brand from administrators in September
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NewsFramptons 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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News2 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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NewsRicky 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 & OpinionOffloading 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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NewsMüller 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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NewsReal 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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NewsCity 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 & OpinionHotel 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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NewsHotel 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