All Mergers and acquisitions articles – Page 61
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News
Global food industry M&A deal activity drops in August
The total value of M&A deals in the global food industry has fallen in August, according to new research
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City snapshot: Valeo enters exclusive talks for Jacob’s UK business
The Grocer understainds that Valeo Foods has entered exclusive talks to acquire Jacob’s UK business
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Valeo Foods buys 2 Sisters’ Matthew Walker Christmas pudding business
Valeo Foods has continued its string of acquisitions by agreeing to buy 2 Sisters’ Matthew Walker Christmas puddings business in a deal valued £67m
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City snapshot: Flora owner Upfield in €500m talks to buy Violife Foods
The owner of Unilever’s former spreads business Upfield is reportedly in talks to purchase vegan cheesemaker Violife Foods.
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News
Meadow Foods buys Valeo-owned Nimbus Foods
Exponent-backed dairy company Meadow Foods has continued its acquisitive growth push with a deal to buy Welsh decorations and toppings firm Nimbus Foods.
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Booker Best Food buy bolsters sales by £1bn
The Bidfood logistics business was acquired for a nominal sum
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Tesco acquires Best Food Logistics for ‘nominal sum’
Best Food Logistics last year announced a major long-term supply deal with Pizza Hut
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Karro and Young's Seafood form new 'umbrella' Eight Fifty Food Group
The new parent company’s name comes from units of measurement from both sides of the newly-formed business
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Dr Oetker snaps up specialist baking business Cake Craft World
The acquisition was completed for an undisclosed amount
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Product recall leads to administration for Thomas Tucker
Popcorn supplier Thomas Tucker has called in administrators after a food safety recall caused a cash shortfall in the business.
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Court documents reveal alleged secrecy tactics as Ocado and TDP engage in legal fight
The revelations came as it emerged Ocado was suing Faiman for allegedly obtaining confidential information to help set up TDP
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Exponent buys specialist foods wholesaler East End Foods
Exponent confirmed that several members of the Wouhra family would continue with the £200m turnover business
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Halo Top sold to US ice cream giant Wells Enterprises
The Eden Creamery ice cream brand was snapped up for an undisclosed amount, with the deal expected to complete this month
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News
Premier Foods tipped to seek asset sales
The new management team at Premier Foods will be tasked with overseeing a sell-off of its key brands according to City sources, as the listed food group’s strategy shifts to generating shareholder returns through disposals.
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Analysis & Features
What does Tulip’s takeover mean for the UK pig sector?
Pilgrim’s Pride’s acquisition of Tulip is a ‘vote of confidence’ in the market
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News
City snapshot: Sales slip at Greene King ahead of £2.7bn takeover
Greene King has reported a fall in like for like sales over the 18 weeks to 1 September ahead of a shareholder vote to approve its £2.7bn takeover.
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Analysis & Features
How Grenade exploded into confectionery mainstream
Protein bar maker Grenade has rocketed from sports nutrition brand to mainstream giant – and is now heading for its third sale
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News
Valeo Foods confirms £66m Kettle acquisition
Valeo Foods Group has confirmed the acquisition of Kettle from US owner Campbell Soup Co, in a deal valuing the struggling premium crisps brand at £66m
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News
Greencore agrees £56m deal for Freshtime UK
Greencore has announced it has agreed to acquire Freshtime, a UK-based supplier of food-to-go-salads, chilled snacks and prepared produce.
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News
Burton’s Biscuits acquires shortbread producer Paterson Arran
Burton’s Biscuits has announced it has broadened its product portfolio with the acquisitions of Scottish shortbread producer Paterson Arran.