All Mergers and acquisitions articles – Page 16
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News
Framptons 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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News
Wholebake 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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News
Müller 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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News
THG 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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News
Wilko 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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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.