M&A – Page 109
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NewsJersey Costcutter-SandpiperCI merger rejected in first review
Regulator wants to “understand thoroughly” the impact on local people
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NewsConviviality secures 15 c-stores for Bargain Booze
Conviviality Retail has acquired the entire share capital of KMD Enterprises
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Analysis & FeaturesFyffes sale to Sumitomo: what you need to know now
A £635m deal between Ireland’s Fyffes and Japan’s Sumimoto Corporation was announced on 9 December
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NewsChaucer Food Group to expand UK base after Nagatanien takeover
Chaucer Food Group is set to expand its Hull factory and HQ after its takeover by Nagatanien
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NewsRhubarb wins backing of new private equity owner
Private equity firm Livingbridge has snapped up contract caterer and restaurant operator Rhubarb.
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NewsOatly sells stake to fund global expansion
Oat-based milk alternative brand Oatly has raised cash for a global push with the sale of a minority stake.
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NewsFerrero completes deal for Belgian biscuit brand Delacre
Italian confectionery giant Ferrero has announced the completion of its deal to buy Belgian luxury biscuit brand Delacre from UK-based Pladis.
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NewsCity snapshot: Chaucer Food Group bought in $120m Japanese deal
Chaucer is the latest UK-headquartered food group to be snapped up by a foreign buyer in a deal worth more than $120m (£95.4m), The Grocer can reveal. Plus, FTSE 100 fmcg stocks hit by the pound’s recovery and all the rest of today’s news from the City.
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NewsChaucer acquired by Japanese instant food maker Nagatanien
The deal will see Chaucer, which produces freeze-dried fruit & veg for global blue-chip clients such as Kellogg’s, Unilever, Nestlé and Starbucks, continue its push into the US, as well as opening up the Japanese market.
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NewsMcCormick expands European presence with €120m Enrico Giotti acquisition
Spices and sauces giant McCormick has acquired an Italian flavourings business in a €120m cash deal to expand its presence in Europe after walking away from its pursuit of Premier Foods earlier this year.
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NewsFerrero close to Delacre deal with Pladis
The Italian chocolate manufacturer confirmed in a statement that it had made an offer to buy Delacre and DeliChoc, which is also available in the UK.
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NewsSpar to expand into Thailand with Bangchak Retail
Convenience and forecourt operator BRC will open 300 new Spar International stores by the end of 2020
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NewsSnack start-up Emily Crisps secures investment funds
A ‘significant’ minority stake has been sold to investment vehicle Inverleith LLP & Hothouse Brands Ltd
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Analysis & FeaturesCranswick wagers on China with Dunbia pork plant deal
It looks a shrewd move despite razor-thin margins in Ballymena
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NewsKitwave buys independent alcohol wholesaler HB Clark
The wholesaler has also announced Jay MacKay will join the group as the new managing director
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NewsDr Pepper Snapple swoops for $1.7bn health drinks group
Dr Pepper Snapple Group has announced it has agreed to buy US health drinks group Bai Brands for $1.7bn ($1.37bn).
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NewsWeetabix acquires majority stake in Weetabix East Africa in search of growth
Weetabix has taken a big bite out of its East African partner in a bid to bolster its international growth strategy and boost flagging sales.
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NewsGreencore boosts US sales to $1.3bn with Peacock Foods deal
Greencore’s desire to penetrate the US supermarket sector was the prime motivation for its £600m acquisition
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NewsCity snapshot: Pork sale puts focus back on Dunbia's red meat business
The sale of the Dunbia pork division to Cranswick has reignited speculation that a deal for the remaining red meat business is moving closer. Plus, One Stop’s franchise business made a trading loss of £2m and all the latest news from the City.
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NewsDunbia pork deal puts focus on red meat arm
The sale of the Dunbia pork division to Cranswick (CWK) has reignited speculation that a deal for the remaining red meat business is moving closer.