M&A – Page 106
-
NewsCCE agrees €28bn three-way merger to create European Coke bottling giant
Coca-Cola Enterprises has agreed a merger with fellow Coke bottles in Iberia and Germany to create a new $12.6bn Western European Coca-Cola bottler.
-
NewsJerky Group creates ‘house of brands’ with Cruga merger
The Jerky Group has agreed to merge with biltong and meat snacks supplier Cruga to form a combined company with revenues of about £12m.
-
News
PPS packages up acquisition of Alison Handling Services with BGF backing
Returnable transit packaging company PPS has acquired a rival business with £4.9m backing from the Business Growth Fund.
-
NewsSainsbury's sells pharmacy business for £125m
Sainsbury’s has agreed to sell its pharmacy business to Celesio AG, the owner of Lloyds Pharmacy for £125m.
-
NewsDiageo to end Heineken partnership and go it alone in South Africa
Diageo is selling off its stakes in a joint venture with rival drinks giant Heineken as it restructures its operations in South Africa and Namibia.
-
NewsCapvest takes control of Valeo Foods
Irish agri-business Origin Enterprises has sold its 32% stake in Jacob’s owner Valeo Foods Group
-
NewsNichols buys Feel Good Drinks
The acquisition, for an undisclosed price, comes two-and-a-half years after Nichols owner MBG took a majority share
-
NewsM&A adviser McQueen bought by Houlihan Lokey
UK-based consumer sector M&A specialist McQueen has been bought by US investment bank Houlihan Lokey.
-
Analysis & FeaturesSeabrook and LDC reveal plans for making £35m crisps deal pay
Seabrook CEO Jonathan Bye and LDC director Ged Gould open up about the rationale behind their deal - and the key challenges and opportunities ahead
-
Analysis & FeaturesOC&C Global 50: Still waiting for glut of fmcg mega-deals
The number of global fmcg deal hit record highs last year, according to the OC&C Global 50, but the sector is still waiting for those industry-defining mega-deals.
-
NewsRexam £4.3bn takeover to undergo in-depth European scrutiny
The £4.3bn takeover of Rexam by US rival Ball Corporation is to be examined by the European Commission
-
NewsSeabrook Crisps hungry for deals as part of expansion plan
Seabrook Crisps is eyeing potential bolt-on acquisitions as it seeks to broaden its portfolio and expand into new snacking categories following LDC-backed MBO.
-
NewsSeabrook Crisps confirms LDC buyout
Seabrook Crips has this morning confirmed The Grocer’s story that private equity house LDC has acquired a majority stake in the business.
-
NewsSeabrook Crisps heads for £35m private equity deal
Private equity house LDC counts Ministry of Cake, The ComplEAT Food Group and Intercontinental Brands among its 90-strong portfolio
-
NewsBakkavor completes Italian pizza exit
Bakkavor has sold its remaining 60% stake in Italpizza to Dreamfood, an investment company controlled by Italpizza’s MD Cristian Pederzini.
-
NewsMüller and Dairy Crest deal decision could come next month
Dairy Crest confirm a further update on the deal’s progress is due on 21 August
-
NewsCoty and P&G shares dip following mega-merger agreement
Shares in beauty giants Coty and Procter & Gamble slipped 4.7% to $30 and 0.4% to $80.66 respectively as investors weighed up the benefits of the $12.5bn deal for P&G’s beauty business.
-
NewsConviviality Retail confirms reverse takeover talks with Matthew Clark
Conviviality Retail has suspended trading in its shares “due to media speculation” it is seeking to acquire UK drinks supplier Matthew Clark.
-
NewsMRH lines up more acquisitions following success of Esso deal
The UK’s largest independent owner service stations says it is “well-placed” to make further acquisitions
-
NewsSnax 24 and Rontec merge to form major roadside retailer
The merger follows a 12-month acquisition spree by Rontec worth £100m