All Mergers and acquisitions articles
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NewsMcCormick-Unilever tie-up faces official CMA competition review
The phase 1 probe, launched today, follows a call for comment in July from the CMA to any interested industry parties on the $45bn combination
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NewsCMA flags potential issues in Co-op Group and Southern merger
Co-op and Southern have asked the CMA to fast-track the case by taking into consideration undertakings in lieu that would address the concerns raised
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NewsPrinces closes in on maiden deal as listed group
The group made ‘significant progress’ on a number of opportunities within its pipeline and is currently in advanced negotiations in relation to two potential acquisitions
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NewsSale to Sazerac was a ‘natural next step’: Au Vodka founder
Sazerac, meanwhile, reiterated the deal would enable it to expand in the UK spirits market
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NewsHain Celestial flogs UK business to alternative investment firm
Hain Celestial has reached an agreement to sell its international division to investment firm Aurelius for $323m (£240m) as the struggling US food group continues turnaround efforts
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Comment & OpinionThe Thorne deal and the avocado oil study point to the same problem
Ownership isn’t what makes a supplement trustworthy – verification is, says Smidge founder Dan Corrigan
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NewsC&C Group strikes deal for Asahi UK distribution operation
The transaction includes Nectar Imports, a drinks supplier to the on-trade in the south of England, and the direct distribution operations of Asahi UK
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NewsBarilla swoops for high-protein US mac and cheese brand Goodles
Goodles produces ‘nutrient-packed’, high-protein boxed mac and cheese in ‘bold, adventurous flavours’ such as cacio e pepe and black truffle
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Comment & OpinionYour Voice: Huel, health consciousness and cost of living
After the CMA’s approval of Danone’s acquisition of Huel, the question now is whether Danone can grow the brand without making it less ‘Huel’
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NewsHovis Bakeries names post-merger top team
Hovis Bakeries has named its top team following July’s merger of Hovis and Allied Bakeries
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NewsLWC Drinks acquires Wigan Beer Company to grow northwest presence
The acquisition, which completed on 1 August, also includes Wigan Beer’s Keegans operation in Holyhead
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NewsHilton beats profit expectations despite Foppen ‘disappointment’
Hilton Food Group’s turnaround has gathered steam, as 2.1% volume growth and the sale of Dalco helped improve profits
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NewsNestlé agrees $1bn sale of vitamins, minerals and supplements business
Nestlé has sold off the greatest part of its vitamins, minerals and supplements (VMS) business in a $1bn (£0.7bn) carve-out
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NewsReckitt Benckiser moves closer to Mead Johnson sale after court case victory
Reckitt has moved a step closer to selling off its Mead Johnson infant formula business, after winning a bellwether court case in the US federal courts
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NewsValeo Foods sells Irish food business
The carve-out will hand over control of brands including Jacob’s, Batchelors and Odlums to former Valeo Foods Ireland managing director Hilliard Lombard
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InterviewsMüller’s Richard Williams on the yoghurt giant’s growth plans
From protein to GLP-1, Müller Yoghurts and Desserts CEO Richard Williams believes yoghurt can win on every consumer trend at once
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NewsUnilever to carve out Colman’s ahead of McCormick deal
Bankers from Rothschild have been engaged to find a buyer for Colman’s
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NewsMcBride inks £170m co-manufacturing contract with Vestacy
Under the agreement, McBride has acquired two dedicated factories from Reckitt carve-out Vestacy in Spain and Portugal for a “nominal” consideration through a share purchase agreement
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NewsCo-op Group scraps low-value missing stock claims for Southern Co-op franchisees
Franchisees can no longer be compensated for cases of missing stock worth a retail value under £90
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NewsSouthern Co-op franchise boss to step down
Matt Turner has led the Welcome business, which consists of 77 stores run by independent retailers, since Mike Fitton retired in February