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All Mergers and acquisitions articles – Page 23
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NewsSnowfox revenues surge as sale to Zensho completes
The acquisition of sushi specialist Snowfox Group by Japanese foodservice giant Zensho has been completed as new accounts show the strength of growth under its previous owner
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NewsNutrigums sells stake to Play.com founder
Functional gummy vitamin brand Nutrigums has sold a stake to the founder and chairman of the online retailer Play.com Richard Goulding for an undisclosed sum
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NewsFinsbury Food Group renews M&A plans after private bid
Finsbury Food has signalled its intentions to pursue a renewed M&A buy-and-build strategy after receiving a £143.4m bid to take the bakery group private.
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NewsNurture Brands pushes into drinks manufacturing with Juice Executive deal
The latest deal for the plant-based fmcg group adds a premium range of fresh and HPP juices, functional shots, smoothies, cleanses and dairy-free nut milks to the portfolio
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NewsFinsbury Food Group recommends £143m takeover offer to shareholders
Listed bakery group Finsbury Food has agreed to a £143.4m takeover offer from Isle of Man-based asset management firm DBAY Advisors. Plus, food price inflation eases for fifth month in a row.
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InterviewsLioncroft Wholesale’s Jason Wouhra on buying back his family cash & carry depots
Wouhra bought back part of the business founded by his family 50 years ago, in the middle of the pandemic
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NewsWholegood sells a minority stake to help secure future
Organic fresh produce wholesaler Wholegood has raised fresh capital to safeguard its future, selling a minority stake to investment fund Metamorphosis Investments.
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NewsKellogg’s approves separation into two new companies
Kellogg’s has approved the separation of the cereal giant into two new separate companies, with a change of name and a new stock exchange listing
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NewsCity snapshot: British American Tobacco agrees Russia exit
British American Tobacco has struck a deal to exit its operations in Russia and Belarus. Plus trading updates from Hilton Food Group and PayPoint and all the rest of the latest news from the City
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NewsBakeAway mulls further appeal after tribunal backs CMA order to sell Jus-Rol
The UK arm of French bakery giant Cérélia is mulling a further appeal against a regulatory decision to block its acquisition of ready-to-bake bakery brand Jus-Rol
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NewsB&M agrees to buy 51 Wilko stores as hopes for wider rescue fade
The announcement has been taken as a sign that a rescue of Wilko’s remaining 350 stores and brand is unlikely
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NewsRadnor Hills buys Highland Spring Group Welsh production site
Radnor Hills said it had sought an expansion opportunity in Wales for some time
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NewsCity snapshot: Nestlé sells peanut allergy treatment brand Palforzia
Nestlé has announced this morning it has divested peanut allergy treatment business Palforzia to Swiss healthcare company Stallergenes Greer
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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