All Mergers and acquisitions articles – Page 70
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NewsVibrant Foods snaps up Cofresh Snack Foods to bolster mainstream push
Exponent-backed Vibrant Foods closed the deal for the Leicester-based bagged snacks group this week for an undisclosed sum
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Comment & OpinionCoty’s Kim K collab could bring the star power high street beauty needs
High street cosmetics haven’t fared well in lockdown. Can Coty’s partnership with Kim Kardashian West’s KKW Beauty help turns their fortunes?
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NewsCoty buys into $1bn Kim Kardiashian West beauty empire
US consumer group Coty has bought a stake in the cosmetics company of Kim Kardiashian West, valuing the business at US$1bn.
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NewsAmazon-Deliveroo deal provisionally cleared by CMA, again
The CMA first provisionally cleared the deal in April after being told the food courier company could go bust without it
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NewsExponent launches Vibrant Foods to consolidate Asian and healthy brands
Private equity player Exponent has created a new venture to consolidate brands in the Asian and free-from markets.
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NewsSwedish vegan brand Oumph snapped up by newcomer LiveKindly Co
Oumph joins the recently purchased Fry Family Food Co and LikeMeat in Livekindly’s growing portfolio of plant-based brands
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NewsPepsiCo takes stake in £70m free-from brand Rude Health
PepsiCo has invested in Rude Health in a deal valuing the free-from brand at more than £70m, it has emerged.
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NewsCity News: Premier Foods shares boosted by news of possible Hovis sale
The bread brand’s 51% owner Gores Group has reportedly hired banker Baird to find a buyer for Hovis
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NewsCity snapshot: Just Eat Takeaway to acquire Grubhub to create global delivery giant
The online delivery company will buy the US-based business for $7.3bn, in a move that will create the largest online food delivery company outside of China
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NewsDivine Chocolate CEO Sophi Tranchell leaves the business
Tranchell is departing after helping to secure a new owner for Divine to ensure it was ‘left in good hands and well-supported for the future’
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NewsIceland founder Malcolm Walker and CEO Tarsem Dhaliwal take full ownership of chain
The pair have bought investment firm Brait’s shareholding in the business through a newly established company that they wholly own
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NewsAdelie Foods rescue deal scuppered by competition concerns
The Grocer understands listed food-to-go giant Greencore had agreed a deal to take on Adelie as a going concern
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NewsCity snapshot: Greencore rescue package for Adelie scuppered by competition concerns
Competition concerns scuppered a rescue deal for the UK’s third-largest sandwich maker Adelie Foods resulting in its collapse and the loss of almost 2,200 jobs.
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Comment & OpinionCMA’s Amazon-Deliveroo decision will be a cracking season finale
Following months of twists and turns, the competition authority will give its final word on the deal next Thursday
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NewsAdelie Foods ceases trading as rescue talks fail
The UK’s third-largest sandwich maker has permanently ceased trading after its administrator was unable to secure a swift rescue package
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Comment & OpinionThe Carlsberg-Marston’s joint venture will back both businesses where they need support
Carlsberg and Marston’s new joint venture, announced this week, deserves a toast
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NewsLotus Bakeries extends ownership of Natural Balance Foods to 98%
The deal was completed for an undisclosed amount that represents around 1.7x the current year net sales…
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NewsAdelie food-to-go customers up for grabs as it enters administration
The UK sandwich market is set for further consolidation into a duopoly after number three player Adelie fell into administration this week
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NewsDeloitte seeks buyer for Adelie as it falls into administration
Adelie has appointed administrator Deloitte after its business was hammered by the widespread closure of food-to-go outlets
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NewsBoparan seals deal to buy Carluccio’s from administration and save 800 jobs
Boparan Restaurant Group, the casual dining arm of 2 Sisters owner Boparan, has agreed a deal to rescue Italian chain Carluccio’s from administration and safeguard 800 jobs.