M&A – Page 19
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Analysis & Features
Will Walmart’s bet on micro fulfilment centres be the catalyst for further online automation?
MFC technology rollout has slowed. Will Walmart’s Alert Innovation acquisition break the inertia?
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News
City snapshot: Danone announces exit from Russian business
Danone has this morning announced it plans to transfer control of its dairy and plant-based business in Russia, in a move that could cost the group €1bn. Plus Diageo and Refresco pursue global M&A.
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Comment & Opinion
M&S’ turbocharged turnaround tops a series of smart moves
The opening of food stores comes on top of investment in pricing and a change in culture
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News
City snapshot: British Honey Co puts itself up for sale
Listed honey and spirits producer British Honey Co has launched a formal sales process amid the need for cash by the end of November
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News
Getir in talks to acquire rapid grocery rival Gorillas
It is understood another rapid grocery player is also considering a move to acquire Gorillas
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News
Morrisons proposal to sell 28 McColl’s stores accepted by CMA
In September, the CMA identified 35 areas where the deal could lead to a significant reduction in competition
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News
Nurture Brands expands snacking portfolio with Indie Bay Snacks
Nurture Brands, owner of Rebel Kitchen and The Primal Pantry, has agreed a deal to acquire pretzel supplier Indie Bay Snacks
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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 & 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 & 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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Big Interviews
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 & 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
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”