All Mergers and acquisitions articles – Page 31
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NewsTenacious Labs branches out into petcare market as CBD buy-and-build strategy continues
It’s the third deal struck by the London-headquartered business since it launched in early 2021
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NewsSupreme acquires trade and assets of vaping businesses Cuts Ice and Flavour Core
It follows Supreme’s acquisition of Liberty Flights in June in a deal worth up to £15m
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NewsLion sells Magic Rock and Fourpure to Odyssey Inns
Lion Little World Beverages has sold its UK operations, including its Magic Rock and Fourpure beer brands, to newly launched venture Odyssey Inns
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NewsWilliam Reed acquires The London Coffee Festival from Allegra Group
The festival will continue to be held April each year at the Truman Brewery in central London
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NewsJoseph Heler snaps up Welsh cheese business Futura Foods Wales
The site would continue to conduct business as usual, said Joseph Heler
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NewsEconomic instability blamed for decrease in food & drink dealmaking
While deal volumes have largely settled in the mid-30s since a post-Covid spike in the first quarter of 2021, Q2 2022 saw deal numbers drop to just 26
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Comment & OpinionCMA was never quick on the draw. How will it fare as the sheriff in a new Dodge City?
The CTN/c-store chain was in administration and even a cursory look at the stores, the estate and the market shares will tell you nothing needs to be done
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NewsBidcorp UK acquires Nicol Hughes Foodservice
Nicol Hughes Foodservice specialises in delivering ambient, frozen, chilled and non-food products to north west England and north Wales
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Comment & OpinionPremier Foods’ Spice Tailor deal signals the end of its zombie phase
The Spice Tailor acquisition looks to be a savvy one in the context of continued high demand for home cooking
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NewsCity Snapshot: Premier Foods snaps up The Spice Tailor for £44m
Premier Foods has acquired Indian meal kits brand The Spice Tailor for £44m as the Sharwood’s and Loyd Grossman owner looks to capitalise on growing demand for scratch cooking. Plus, Aldi gives staff a second pay rise of the year; and Naked Wines loses CFO.
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NewsMackie’s at Taypack to go it alone as Taylor family take control of joint venture
Scottish food group Mackie’s has sold its holdings in the company’s premium crisp brand to its joint venture partner to focus exclusively on ice cream and chocolate.
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NewsM&S buys its logistics provider Gist to accelerate supply chain transformation
M&S had launched Project Vangarde, a supply chain optimisation programme, in 2020 in order to increase efficiency across its expanding Food business
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NewsRollagranola rescues Primrose’s Kitchen brand from liquidation
Granola manufacturer Rollagranola is aiming to return upmarket muesli brand Primrose’s Kitchen to supermarket shelves after rescuing it from liquidation.
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NewsCapVest enters confectionery market with acquisition of Natra
Established in 1943, the Spanish company specialises in cocoa ingredients and chocolate products for private label and co-manufacturing for other brands.
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NewsTree of Life owner in talks with banks to secure future
The group behind health food distributor Tree of Life is in talks with lenders to secure its future as it battles supply chain issues and rampant inflation, The Grocer has learned.
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NewsValeo Foods eyes more deals as it brings in global head of M&A
Deal hungry ambient food group Valeo Foods has signalled its intent to continue a global acquisition spree with the appointment of a head of M&A
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NewsCMA launches probe into Morrisons’ takeover of McColl’s
‘Phase one’ investigation is launched today following an initial enforcement order in May
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Analysis & FeaturesTired old Boots needs a beauty makeover after Walgreens cancels sale. But how?
Walgreens Boots Alliance has given up trying to sell the UK pharmacy. So what’s the future for Boots and its many ‘tired high street shops’?
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NewsJollyes continues acquisition spree as it aims for £100m turnover
Nationwide pet store retailer Jollyes has bolstered ambitions to reach sales of £100m with the acquisition of Penparc Pet Centres.
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NewsParfetts purchases 25% stake Manchester-based digital agency Pixel
The wholesaler said the investment would help the two companies to build new technology for convenience retailers