All Mergers and acquisitions articles – Page 28
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NewsIBC Simply acquires March Foods to form Delightful group
The foodservice supplier has snapped up March Foods to boost its food and drink manufacturing and co-packing capabilities
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NewsADM snaps up London ingredients business FDL
Global grains merchant ADM has continued on the acquisition trail, picking up the London-headquartered ingredients business for an undisclosed price
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NewsCoterie Holdings swoops for Hallgarten & Novum Wines
Hallgarten has been added to a portfolio that also includes Lay & Wheeler, Coterie Vaults and Jera
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NewsCity snapshot: ADM expands into dairy with Revela Foods deal
Global food processing and commodities giant ADM has acquired Revela Foods to expand its capabilities into the dairy category.
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NewsAsda opens more than 80 convenience stores in December
The conversions of its recent acquisition of Co-op and EG UK sites, alongside the opening of eight standalone Asda Express stores, brings the total number of Asda Express sites to 229 nationwide
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NewsCity snapshot: Unilever sells Elida Beauty brands to US private equity firm
Unilever has agreed to sell its Elida Beauty business to US private equity player Yellow Wood Partners
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NewsLDC exits Cakesmiths as European bakery steps in
Handmade cakes supplier Cakesmiths has been acquired by European frozen pastries group Onore, providing private equity backer LDC with an exit
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NewsChristmas deadline set to find buyer for collapsed VBites
Administrators are racing to find a new buyer for Heather Mills’ vegan brand VBites before a Christmas deadline following its collapse into administration
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NewsCity Snapshot: SSP Group increases global footprint with Canada acquisition
SSP Group has announced a further expansion in its geographic reach with a deal to acquire a Canadian food airport operator and will also open further units in Saudi Arabia
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Comment & OpinionThe CMA is reviewing its merger process. Here’s what it means
The CMA has made meaningful changes to its phase two process for the first time in a decade, say Tom Clare, managing associate, antitrust & foreign investment, and Mona Zhang, trainee solicitor, antitrust & foreign investment at Linklaters
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NewsDeliciously Ella buys Milton Keynes factory out of administration
The 15,000 sq ft site, formerly owned by Green Way Foods, has been one of the brand’s core suppliers since it launched in 2016
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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