M&A – Page 2
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News
Asda admits it 'has to improve' as it announces major store reset
Co-owners Mohsin Issa and TDR Capital are under pressure to do something to reverse its falling market share
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Big Interviews
Kitwave CEO Ben Maxted on ‘can-do’ mentality and growth strategy
Kitwave’s boss on the wholesaler’s successful acquisitions strategy, from not buying turnarounds to the secret ingredients of being a good custodian
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News
Europe Snacks set for new PE ownership as One Rock finalises acquisition
The own-label crisps manufacturer is close to changing hands after its current private equity owner kicked off a sale process earlier this year
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News
Nichols open to ‘sensible’ functional drinks M&A, CEO says
The Vimto owner has its eye on emerging soft drinks trends
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News
Food eco impact platform Foodsteps sold to US firm
The platform which holds a database of more than 3,000 ingredients is used by more than 150 food businesses globally
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News
Macallan Food Group launches with maiden deals in Scottish meat industry
Macallan Food Group – headed up by Bill Hazeldean and Stewart McLelland – has taken a controlling interest in Scottish meat supplier Malcom Allan and haggis and black pudding manufacturer Macsween of Edinburgh
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News
Maison Ferrand acquires Identity Drinks to cement UK foothold
The family-owned company behind Ferrand Cognac, Planteray Rum and Citadelle Gin picked up a 60% stake in Identity Drinks in 2017
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News
Faace founder Jasmine Wicks-Stephens puts skincare challenger up for sale
Skincare challenger brand Faace is seeking a new owner to take the business to the next level
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News
Valeo Foods doubles down in maple syrup with acquisition of Appalaches Nature
Valeo Foods Group has consolidated its position in the natural sweeteners category with the acquisition of Canadian maple syrup supplier Appalaches Nature
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News
Refresco snaps up Frías Nutrición to expand plant-based capabilities
Bottling giant Refresco has agreed to acquire Spanish plant-based drinks maker Frías Nutrición
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News
City snapshot: Gusbourne up for sale as Lord Ashcroft considers options
Gusbourne is the latest English winemaker to be put up for sale, revealing this morning that Lord Ashcroft is open to selling his majority shareholding. Plus, Ocado announces “significant development” of its partnership with North American grocer Kroger
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Comment & Opinion
Pernod Ricard’s wine disposal will diminish its UK presence
Selling the likes of Jacob’s Creek and Campo Viejo makes sense, but it will make Pernod Ricard much less of a UK powerhouse
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News
Pets Choice expands premium range with acquisition of plant-based petcare brand Hownd
Hownd offers a range of plant-based wet and dry dogfood, wellness treats and cruelty-free certified petcare products, such as shampoo and ear cleaner
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News
CapVest closing in on Butcher’s Pet Care buyout
The Grocer has learned that CapVest is the last remaining party in the long-running auction being conducted for the petfood maker by investment bank Houlihan Lokey
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News
Regal Foods expands desserts offering with Love Cheesecakes deal
Regal Food Products has bolstered its chilled desserts offering with the acquisition of artisan cheesecake maker Love Cheesecakes
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News
City snapshot: Pernod Ricard offloads international wine brands to Accolade Wines owner
Pernod Ricard has agreed to sell its portfolio of international wine brands to the owner of Accolade Wines. Plus, food and drink inflation falls again and Meatly receives regulatory clearance to sell cultivated meat for pet food in the UK
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News
French baker secures UK presence with takeover at Village Bakery
M&S bread supplier Village Bakery has been acquired by French family bakery group Menissez
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News
Asda signs Staniland amid top job shake-up
Asda said Staniland – a highly regarded figure in the industry – would join Asda in a VP role next March
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News
VBites founder Heather Mills acquires vegan online retailer Alternative Stores
Mills’ acquisition of the plant-based store is to support her mission to create a ‘one-stop shop for convenience’
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Comment & Opinion
A Carlsberg Britvic ‘one-stop shop’ is compelling but not a done deal
Improved deal has the blessing of the Britvic board, but its shareholders may still wish to hold out