All Mergers and acquisitions articles – Page 21
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NewsHeineken takes €300m hit to exit Russia
Global brewer Heineken has completed its exit from Russia, incurring a total cumulative loss of €300m on the deal
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NewsSubway agrees sale to PE group Roark Capital
Global quick service food chain Subway has agreed a sale to US private equity giant Roark Capital in a deal purported to be worth $9.6bn
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NewsCity snapshot: Majority of Wilko stores to close within a week, union warns
The GMB Union has warned its members that the majority of Wilko stores will close within a week after a purchase of the discount retailer fell through
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NewsExponent sells Meadow Foods stake to Fairfax Financial
Private equity player Exponent has sold a ‘significant’ stake in ingredients specialist Meadow Foods to investment group Fairfax Financial
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NewsUnilever eyes UK launch for frozen yoghurt brand Yasso
It has applied to register the name ‘Yasso’ as a trademark with the IPO
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NewsCity snapshot: Tyson Foods reportedly eyes China poultry exit
US meat giant Tyson Foods is reportedly exploring plans to sell off its China poultry business in the latest case of a multinational fmcg firm looking to sell key assets in the country
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NewsRegal Food Products creates one-stop shop with acquisition of Packaging ‘R’ Us
World food producer Regal Food Products has expanded into the non-food space with the acquisition of disposable packaging business Packaging ‘R’ Us
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NewsEG Group sells 63 US convenience stores to pay down debt
EG Group has agreed to sell 63 convenience stores to US convenience operator Casey’s to reduce its debt pile
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NewsCheese exporter Somerdale acquired by Barber’s Group
The agreement will see the cheese exporter become an subsidiary of Barber’s Group to “maintain its position as a leading exporter”
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NewsFood and drink M&A boosted by distressed deals and sunnier economic outlook
The quarterly food and drink M&A report from Grant Thornton found UK industry deal volumes rose for the third consecutive quarter in the three months to the end of June
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NewsWhitby Seafoods acquisition of Kilhorne Bay under CMA scrutiny
The scampi company planned to acquire Northern Ireland-based Kilhorne Bay
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NewsSerious Sweets acquires free-from confectionery brand Lexi’s
The acquisitive confectionery group has added a healthier brand to its portfolio with the takeover of mallow and protein bar brand Lexi’s
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Analysis & FeaturesIs Britvic on to a winner in iced coffee with Jimmy’s?
Britvic has snapped up the ‘fastest-growing brand in RTD coffee’
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NewsABP acquisition of Scotbeef meat plants to face CMA probe
The Irish red meat giant announced the aquisition in mid-June
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NewsCity snapshot: CCEP proposes $1.8bn acquisition of Coca-Cola Beverages Philippines
Coca-Cola Europacific Partners is in advanced talks to buy the Philippino Coke bottler from the Coca-Cola Company in a deal that could be worth $1.8bn. Plus, first-half results from Haleon and Kerry Group.
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NewsKerry Group acquires Shanghai Greatang Orchard Food Co
Kerry Group has announced the acquisition of 100% of China-based foodservice player Shanghai Greatang Orchard Food Co
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NewsGrocery wholesaler Ozmen joins Sugro buying group
It follows the buying group’s decision to encourage members to diversify their offering, counteracting an increasingly saturated confectionery market
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NewsJDM Food Group to create international ‘flavour powerhouse’ in Henry Broch Foods merger
UK garlic and ginger specialist JDM Food Group has agreed a merger with US spice processor Henry Broch Foods to create an international ingredients group with combined revenues of close to £100m and more than 750 employees
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NewsFreshcut Foods snapped up by Flywheel Partners as Perwyn exits
Investment firm Flywheel Partners acquired a majority stake to provide former PE owner Perwyn with an exit
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NewsCity snapshot: THG sells unwanted OnDemand and ProBikeKit assets
THG has offloaded its unwanted OnDemand business to the division’s management team as part of a strategic review to “simplify and streamline” operations. Plus, UK retail sales beat expectations in June but consumer confidence fell July as household resilience “collapsed”.