All Mergers and acquisitions articles – Page 52
-
NewsNew England Seafood snapped up by major US corporation Sealaska
The key fish supplier will continue to operate as a separate business under the New England name
-
NewsNestlé acquires $950m US meal delivery business Freshly
The world’s biggest food group Nestlé has bolstered its DTC credentials with the $950m acquisition of US meal delivery service Freshly
-
NewsOcado’s robotic acquisitions will save £7m in labour costs per CFC
Figure based on costs associated with picking, packing and decanting
-
NewsCarlsberg Marston’s Brewing Company appoints Paul Davies as CEO
Leadershop team shakeup comes as CMBC merger completes
-
NewsUK petfood M&A boom continues with two more premium deals
The flurry of petfood dealmaking continued this week, with the completion of a further two acquisitions of premium UK-based petfood players.
-
NewsMinority investments drive start of UK food & drink M&A recovery
Minority investments in fast-growing brands helped lead to an uptick in UK food and drink M&A activity in the third quarter, though the impact of the coronavirus continues to weigh on deal volumes
-
NewsTate & Lyle acquires Thai tapioca producer Chaodee Modified Starch
Ingredients supplier Tate & Lyle has snapped up a tapioca producer in Thailand to broaden the range of goods it can offer customers.
-
NewsSkinner’s buys majority stake in wet dogfood player Naturediet
Dry dogfood specialist Skinner’s has bought a majority stake in branded natural wet dogfood producer Naturediet
-
NewsSpectrum Brands agrees £140m deal for Good Boy producer Armitage Pet Care
The Grocer revealed in September that Rutland had tasked PwC with handling a sales process for Armitage
-
NewsDiageo snaps up Chase Distillery for undisclosed sum
The deal is expected to close early next year
-
NewsCity Snapshot: Coca-Cola European Partners snaps up Asia Pacific Coke bottler in €5.2bn deal
Coca-Cola European Partners has made a €5.2bn (£4.7bn) offer to expand its bottling empire with the acquisition of Coca-Cola Amatil. Plus, revenues at CCEP improved in Q3, with a significant slow down of declining volumes.
-
NewsFmcg M&A deal volumes slump 60% on same period last year
Fmcg deals slumped 60% in the four months to the end of August as M&A in the food industry struggled to reignite in the pandemic
-
NewsEight Fifty eyes European expansion with Greenland Seafood acquisition
The Young’s Seafood owner said the frozen own-label supplier would provide a “significant platform” on the continent
-
NewsSolina picks up Bowman Ingredients for undisclosed sum
European ingredients group Solina has acquired food coatings specialist Bowman Ingredients from the family owners for an undisclosed price tag
-
NewsCity snapshot: Danone launches full portfolio review to plan for new COVID-world
French dairy giant Danone has this morning announced its intention to conduct a full portfolio review and put assets worth €500m up for immediate sale to tailor its business for a post-coronavirus market.
-
Analysis & FeaturesWhat does the Fultons deal mean for Poundland?
Acquiring the frozen food specialist is a step towards becoming a credible weekly grocery shop destination, says MD Barry Williams
-
NewsBoparan rescues burger chain GBK from administration
2 Sisters owner Boparan has continued its push into casual dining, with the rescue of the GBK burger brand from administration
-
NewsFerrero continues international acquisition drive with £246m Fox’s deal
Ferrero has added to its growing biscuit empire with the £246m acquisition of Fox’s from 2 Sisters Food Group
-
NewsPoundland readies major push into fresh and frozen food with Fultons acquisition
Poundland has been working with Fultons for the past 12 months to grow its food range
-
NewsOnly 10 to 15 forecourts at risk in Asda-EG Group deal, claim experts
The number of forecourts at risk in a CMA review of the Asda buyout by EG Group’s owners barely reaches double figures