Restructures and Receiverships – Page 2
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NewsFood and drink M&A activity hits eight-year high
M&A activity in food and drink has picked up in 2024 as market conditions continued to ease, with deal numbers hitting their highest levels since 2016, according to a new report released this morning
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NewsBepps appoints liquidators as access to funding dries up
Healthy snacking challenger Bepps has ceased trading after an attempt to secure funds to support working capital failed
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NewsUK Salads collapsed owing its creditors £18m, report shows
The Essex-based greenhouse operator was a key supplier to Aldi and fell into administration in February
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Analysis & FeaturesDo Getir’s woes show quick commerce just can’t work?
The Turkish player is reportedly looking to pull the plug in Europe
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NewsThe Artful Baker collapses under weight of cost pressures
The Dorset-based business, which also starred on Channel 4’s Aldi’s Next Big Thing, appointed liquidators from Leonard Curtis on 5 April after experiencing cashflow issues in recent months
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NewsEast Imperial set for administration after suspending shares
The group suspended trading in its shares on the London Stock Exchange this morning and is preparing to appoint administrators or liquidators
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NewsUp to 10 execs depart Pilgrim’s Europe in wake of £4.2bn restructure
The JBS-owned businesses are in the process of an integration under the Pilgrim’s Europe banner
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NewsFreshways swoops to rescue bread wholesaler Coultons from collapse
Freshways has swooped to rescue bread wholesaler Coultons from administration in a deal that solidifies the acquisitive dairy group’s position in the bread market
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Comment & OpinionAfter Unilever ice cream sale, what future for food and nutrition?
First it was frozen. Then spreads and tea. Now it’s ice cream. What’s next for Unilever’s food and nutrition division?
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NewsUK Salads suppliers still looking for produce buyers, three weeks after collapse
Two suppliers have told The Grocer they have not heard from UK Salads or Aldi since administrators were appointed
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NewsAldi salad supplier UK Salads appoints administrators
The Aldi salad supplier has appointed administrators, with The Grocer understanding that unsecured creditors will be owed as much as £10m
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Analysis & FeaturesWhen will the price be right to get deal volumes moving?
Newlat’s exit from Princes takeover talks reflects a market in which deals are not getting done. What’s stalling activity, and will it pick up?
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Comment & OpinionBody Shop's demise highlights the threats to ethical trading
After The Body Shop was bought by a global rival business, it became more centralised and we heard very little of the strong value messages it was famous for, says Albert Tucker, chair of Etico Ethical Trading Company
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NewsBritish Corner Shop owes M&S £500k after downfall
The British Corner Shop owes a total of £2.5m to creditors, a new administrator’s report shows
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NewsWholegood founder Carl Saxton-Pizzie back as CEO in turnaround bid
Wholegood has parted ways with CEO Martin Sandler, with founder Carl Saxton-Pizzie retaking the reins as the specialist wholesaler looks to cut costs
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NewsThe Body Shop’s UK arm placed into administration
The private equity owner of The Body Shop has placed the UK chain into administration just three months after buying it
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Analysis & FeaturesWhat does the forecourt sell-off mean for Morrisons?
Morrisons has sold 337 forecourts in a £2.5bn deal designed to alleviate its debt. So how will the move help new boss Rami Baitiéh’s plans?
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NewsArla seeking buyer for its stilton creamery Tuxford & Tebbut
The dairy co-op has launched a review of the facility, which employs 60 staff
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NewsHeather Mills strikes rescue deal for VBites
Heather Mills has bought the assets of her collapsed plant-based VBites empire from administrators in a rescue deal worth £1m, The Grocer can reveal
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NewsVibrant Foods back in growth as transformation takes effect
World foods specialist Vibrant Foods is back in growth following a £30m refinancing