All Mergers and acquisitions articles – Page 85
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NewsFruitapeel acquired by Belgian ingredients business Puratos
The acquisition, for an undisclosed sum, comes less than seven months after Terry and Deborah Haigh bought the Fruitapeel business from existing fellow shareholders in an MBO.
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Comment & OpinionA bleak Christmas for opponents of the rubberstamped Tesco-Booker deal
For bitter opponents, reading the CMA’s verdict must feel like an untimely dose of the norovirus
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Comment & OpinionAn interesting year for food & drink M&A - Shaun Browne
The underlying performance of many UK food manufacturers has been mixed, with many companies not achieving the ambitious targets they set for themselves at the beginning of the year. Despite this, the quantum of M&A activity in the sector has been broadly consistent with 2016.
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NewsCampbell Soup Co buys Kettle and Metcalfe's Skinny owner for $4.9bn
US food group Campbell Soup Company has agreed to buy Kettle Chips and Metcalfe’s Skinny owner Snyder’s-Lance for $4.9bn (£3.7bn) to expand its exposure to the faster growing snacking market.
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NewsHershey acquires Tyrrells owner Amplify in $1.6bn deal
The deal values Amplify at $12 a share, a 71% premium to the price when markets closed on Friday.
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NewsKKR snaps up Unilever spreads division for £6bn
KKR has emerged victorious in the race to buy Unilever’s spreads business, which includes the Flora, Stork and I Can’t Believe It’s Not Butter brands, with a €6.8bn (£6bn)
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NewsConviviality saves 1,300 jobs at P&H subsidiary WS Retail
Deal significantly ups Conviviality Retail’s presence in the south and south west of England…
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NewsCity snapshot: Conviviality offers to buy 127 Central Convenience stores following P&H collapse
Bargain Booze owner Conviviality has offered to buy 127 Central Convenience stores from WS Retail, following the collapse of its parent Palmer & Harvey into administration. Plus all the rest of the latest news from the City
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NewsPoundland 'bound' to be sold in 2018
Discount chain Poundland is “bound to be put up for sale” in the new year as its South African owner Steinhoff battles to survive after being rocked by an accounting scandal, retail analysts suggested.
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NewsPepsiCo to launch van sales division after P&H talks fail
A further 400 P&H staff have been made redundant taking the total to 2,850
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NewsNorwich craft brand Redwell Brewing rescued with buyout from private investors
Company founders Amy Hancock and Patrick Fisher have left the business after the administrators were called in
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NewsSSP Group buys 25 travel concessions across Germany
Last year the outlets in Germany recorded €30m worth of sales
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NewsCity snapshot: Nestlé buys Canadian supplement company Atrium for $2.3bn.
Nestlé (NESN) has agreed a deal to buy privately-held nutritional health products producer Atrium Innovations to expand its global consumer goods business. Plus Poundland owner Steinhoff’s shares plunge amid accounting irregularity, £3.4bn European shopping centre merger, supermarket shares surge and all the rest of the latest news from the City.
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Analysis & FeaturesDoes Casino mean Ocado's hi-tech gamble has paid off?
The investment at Andover now looks prescient rather than risky
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Analysis & FeaturesIs the Waitrose of the north about to become just that?
Rumours over a Booths sale have put both John Lewis and Amazon in the frame, but stores are no longer such hot property
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NewsEuro Garages picks up 1,000 German Esso service stations
The deal means EG Group will operate about 3,500 stations across Europe…
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NewsHain Celestial buys UK sweetener producer Clarks
Hain Celestial has announced it has agreed to acquire Welsh sweetener supplier Clarks to sit within its wholly-owned Hain Daniels UK business.
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NewsCity snapshot: Pots & Co sells stake for £4.6m
Fast growing desserts supplier Pots & Co has sold a minority stake valuing the business at £36m. Plus a look at what else is in this week’s edition of The Grocer and all the latest news from the City.
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NewsHeineken snaps up 49% stake in Brixton Brewery
The Dutch brewing giant’s undisclosed investment will go towards moving the four-year-old Brixton Brewery to a new site