All Mergers and acquisitions articles – Page 75
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NewsBrexit fears force down value of food and drink sector deals
Food and drink deal values more than halved in the second quarter as Brexit-related caution continued to stem the flow of larger deals.
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NewsBlack Sheep Coffee expands London footprint with Taylor St Baristas cafes acquisition
Independent coffee chain Black Sheep Coffee has acquired eight cafes from rival Taylor St Baristas ahead of the latter’s collapse into administration
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NewsPepsiCo agrees deal to buy Fruit Bowl parent company Pioneer Foods
PepsiCo has made a $1.7bn bid to acquire Pioneer Foods Group as it targets expansion in Africa.
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NewsCity snapshot: AB InBev sells Australian brewing arm to Asahi for $11.3bn
Anheuser-Busch InBev has agreed to sell its Australian beer business Carlton & United Breweries to Japanese brewing giant Asahi Group in a deal valued at US$11.3bn. Plus, travel food retail specialist SSP Group has grown revenues by 9.2% in its third quarter and all the rest of the latest news from the City.
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NewsMeat supplier Cheshire Food rescued out of administration
The Manchester-based meat wholesaler collapsed following a tough trading period which “rendered the company insolvent”
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NewsBidfood acquires Brighton-based wholesaler Elite Fine Foods
Elite delivers to more than 2,500 catering establishments across the UK from its seven multi-temperature sites
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NewsCrowdfunders burnt as Hop Stuff rescued from administration by Molson Coors
London-based craft brewer Hop Stuff has been sold to Carling owner Molson Coors in a pre-pack deal, wiping out £1.5m of crowdfunding investment.
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NewsRaylex Brands acquires Wow Drinks to grow plant-based portfolio
Raylex said the acquisition would help on its mission to build a plant-based drinks portfolio
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NewsCanadian cannabis giant eyes Europe with Bridge Farm deal
A flower supplier chaired by Morrisons chairman Andy Higginson has been bought by a Canadian cannabis giant as it looks at European expansion.
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NewsScottish Salmon Co mulls sale
The Scottish salmon producer is considering selling all or part of the business as part of a review launched in April.
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NewsAB InBev buys BeerBods subscription service and The Bottle Shop assets
BeerBods said the deal would ‘help it reach its full potential’
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NewsAmazon Deliveroo investment halted by CMA intervention
An initial enforcement order has been served on the two companies over concerns they may no longer be operating separately
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NewsFroneri enters Israeli market with Noga Ice Cream acquisition
Froneri has agreed to acquired Nestlé business Noga Ice Creams, launching into the Israeli market for the first time.
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NewsOrkla buys UK toffee manufacturer Confection by Design to expand UK foothold
The Scandinavian-based food group acquired the fudge manufacturer for an undisclosed amount.
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NewsYo Sushi acquires US rival Snowfox to ramp up retail efforts
The UK Sushi company merged with Snowfox to fuel its push into retail sales.
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NewsCapVest-owned Karro acquires Young’s Seafood
Karro Food Group, the pork processor owner by private equity investor CapVest, has agreed terms to buy UK seafood business Young’s.
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NewsAmber Beverage buys UK drink distributor Cellar Trends in push for global growth
Spirits producer Amber Beverage Group has acquired UK booze distributor Cellar Trends, pressing ahead with its international expansion plans.
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NewsCity snapshot: Applegreen breaks into US Mid-West
Applegreen has made its first major foray in to the United States’ Mid-West. Plus, Tesco to outline sustainability plans, first half profits dip at Wynnstay and all the rest of the latest news from the City.
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NewsBell Food sells German sausage business amid declining market
Swiss meat producer Bell Food has sold its German sausage unit to the Zur Mühlen Group for an undisclosed sum, amid “decline” in the market and rising pork prices.
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NewsThe Lakes Distillery raises a further £2.1m of growth capital
The Lakes Distillery has raised a further £2.1m from investment manager Gresham House Strategic to fund its global growth ambitions move forwards its plans for the public listing.