more m&a news and analysis – Page 18
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News
City snapshot: Science in Sport launches strategic review amid consumer slowdown
Sports nutrition specialist Science in Sport has launched a strategic review that could result in the sale of the company or assets as it warned of weaking consumer demand despite first half growth.
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News
Mackie’s of Taypack rescues own-label popcorn maker from administration
Snacking firm Mackie’s at Taypack has rescued one of the UK’s largest independent own label popcorn manufacturers from administration in a pre-pack deal, saving the jobs of 60 staff.
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Comment and Opinion
It’s Claudia Winkleman 1 David Beckham 0 in battle of the CBD brands
Even with David Beckham in its team, luck deserted Cellular Goods, leaving Cannaray with an open goal
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News
CBD player Cannaray proposes merger with Cellular Goods
Cannaray is planning to list its consumer CBD brands on the London Stock Exchange through a reverse takeover of Cellular Goods
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News
Prepared meals duo pursue consolidation under Wellness Food Group umbrella
Fresh Fitness Food and Detox Kitchen, which deliver ready to eat meals, have announced they are consolidating under an umbrella company, The Wellness Food Group
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Analysis and Features
Could Beavertown topple BrewDog as the king of craft beers?
Heineken ownership may give Beavertown the critical mass it craves
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News
Peckwater Brands acquires Honest Food Company from Delivery Hero
Virtual restaurant brand operator Peckwater Brands has expanded its reach with the acquisition of the Honest Food Company from German delivery service Delivery Hero.
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News
M&A activity grinds to halt as fmcg industry battles soaring inflation
Dealmaking activity in the food and drinks industry looks set to return to lows not seen since the 2008 financial crash as rampant inflation led to a collapse in M&A over the summer.
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The Big Interview
Former rivals at Medina Freshways on working together
The merger of processors Medina and Freshways was complicated by Covid, but the newly formed supplier is now ready to become a major player
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News
McCain Foods acquires Scelta Products to fuel frozen appetiser growth
The deal closed on 8 September and represents a significant investment from McCain to grow and expand in the frozen vegetable appetiser space
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News
S-Ventures seals deal for German free-from brand Lizza
The deal for the pasta and bread supplier is part of a wider tie-up with Lizza’s former owner Peter Cremer Holding
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Comment and Opinion
Six months is not long enough for business gas bill cap from government
And targeted support after that won’t work
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News
Asda set to sell off 10% of its Co-op forecourts to appease CMA
Research by CACI found that 12 to 16 of the 132 Co-op petrol forecourt sites could be in breach of the Competition & Markets Authority’s ‘four to three rule’
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News
Charlie Bigham’s tops £100m sales and snaps up frozen brand By Ruby
Revenues increased 29.2% – or £23.6m – to a record £104.4m in 2020/21 thanks to a legion of new customers trying the brand’s range of meals and puddings throughout lockdown.
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News
City snapshot: Diageo sells Archers Peach Schnapps to De Kuyper
De Kuyper Royal Distillers has acquired ‘British icon’ Archers Peach Schnapps from Diageo.
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News
Morrisons asked to remedy competition concerns in McColl’s takeover
The CMA said “overall, the deal would not harm the vast majority of shoppers or other business”
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News
Heineken takes full ownership of craft brewer Beavertown
Beavertown’s founder Logan Plant – the son of Led Zeppelin star Robert Plant – is stepping down as CEO
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News
Alliance acquires wholesaler and distributer Payne Bros
The business is expected to be intergrated into Alliance’s existing UK regional and national network
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News
Hunt’s Food Group steps in to rescue Tree of Life sister The Health Store from administration
Administrators at insolvency firm Interpath Advisory completed the sale of The Health Store brand and assets to the Dorset-headquartered group today
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News
Asda agrees £600m deal for Co-op petrol forecourt operations
All 2,300 Co-op colleagues impacted by the deal will transfer to Asda under Tupe rules