All Mergers and acquisitions articles – Page 19
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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
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NewsVFC 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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NewsCity 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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NewsCMA 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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NewsPilgrim’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 & FeaturesHow 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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NewsPremier 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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NewsRaynor 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 & OpinionClever 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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NewsCity 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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NewsUnilever 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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NewsCity 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.
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NewsFresca Group boasts of strong year as it invests in Thanet Earth
The group saw annual sales growth of 7.9% in its latest results for the fiscal year 2022-2023
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NewsAB World Foods adds Capsicana to its international spice mix
The Patak’s and Blue Dragon owner has expanded its repertoire of international brands with the acquisition of the Latin American sauce challenger
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NewsCompleat Food Group acquires vegan cheesemaker Palace Culture
It adds to the chilled group’s existing plant-based brands Squeaky Bean and Vadasz
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NewsWhitby Seafoods abandons Kilhorne Bay acquisition plans
The scampi supplier said resources required to engage in the next phase of the investigation were ‘out of proportion to any potential benefit from the deal’
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NewsWhole Food Earth adds Raw Gorilla to healthy foods portfolio
It marks the family-run business’s second deal in 10 months, following the revival of collapsed online supermarket The Vegan Kind in December
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NewsVFC Foods expands plant-based offering with acquisition of Clive’s Purely Plants
VFC’s move follows the rescue of Meatless Farm in June