M&A – Page 21
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News
City Snapshot: Premier Foods snaps up The Spice Tailor for £44m
Premier Foods has acquired Indian meal kits brand The Spice Tailor for £44m as the Sharwood’s and Loyd Grossman owner looks to capitalise on growing demand for scratch cooking. Plus, Aldi gives staff a second pay rise of the year; and Naked Wines loses CFO.
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Mackie’s at Taypack to go it alone as Taylor family take control of joint venture
Scottish food group Mackie’s has sold its holdings in the company’s premium crisp brand to its joint venture partner to focus exclusively on ice cream and chocolate.
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M&S buys its logistics provider Gist to accelerate supply chain transformation
M&S had launched Project Vangarde, a supply chain optimisation programme, in 2020 in order to increase efficiency across its expanding Food business
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News
Rollagranola rescues Primrose’s Kitchen brand from liquidation
Granola manufacturer Rollagranola is aiming to return upmarket muesli brand Primrose’s Kitchen to supermarket shelves after rescuing it from liquidation.
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CapVest enters confectionery market with acquisition of Natra
Established in 1943, the Spanish company specialises in cocoa ingredients and chocolate products for private label and co-manufacturing for other brands.
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Tree of Life owner in talks with banks to secure future
The group behind health food distributor Tree of Life is in talks with lenders to secure its future as it battles supply chain issues and rampant inflation, The Grocer has learned.
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Valeo Foods eyes more deals as it brings in global head of M&A
Deal hungry ambient food group Valeo Foods has signalled its intent to continue a global acquisition spree with the appointment of a head of M&A
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News
CMA launches probe into Morrisons’ takeover of McColl’s
‘Phase one’ investigation is launched today following an initial enforcement order in May
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Analysis & Features
Tired old Boots needs a beauty makeover after Walgreens cancels sale. But how?
Walgreens Boots Alliance has given up trying to sell the UK pharmacy. So what’s the future for Boots and its many ‘tired high street shops’?
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Jollyes continues acquisition spree as it aims for £100m turnover
Nationwide pet store retailer Jollyes has bolstered ambitions to reach sales of £100m with the acquisition of Penparc Pet Centres.
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News
Parfetts purchases 25% stake Manchester-based digital agency Pixel
The wholesaler said the investment would help the two companies to build new technology for convenience retailers
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Analysis & Features
Why is Kellogg’s splitting in three and will it work?
Kellogg’s announced a shock split of its business last week, spinning out North American cereals to focus on its higher-growth snacking brands
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Comment & Opinion
Walgreens was overambitious with Boots sale plan. Now it has to fix a neglected estate
WBA has talked up the No7 Beauty Company alongside Boots. Could the beauty category be key to its future success?
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Boots owner pulls the plug on £5.5bn auction for the UK chain
The owner of Boots has abandoned its attempts to sell the UK chemist chain after failing to find a buyer willing to meet its price expectations.
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Thistle Seafoods nets Dawnfresh factory in administration deal
Thistle plans to develop the 100,000 sq ft site in Uddingston in South Lanarkshire into an advanced added-value seafood processing and distribution centre for retail and wholesale customers in the UK and overseas.
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The Vegan Kind appoints fresh CEO as new owners take over from founders
The Vegan Kind launched as a subscription delivery box service in 2013 before expanding to a full retail offer in 2016 New owners have taken control of The Vegan Kind and instated a new boss in a bid to spur on its next stage of growth. Investment ...
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News
Kellogg’s announces radical overhaul with three-way split of global business
Kellogg’s is set to split itself into three separate companies as part of a radical overhaul and a focus on snacking to drive growth at the group
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Comment & Opinion
Mondelez’s Clif Bar move shows UK confectioners are taking nutrition seriously
As HFSS clampdowns loom, Mars and Ferrero have also made moves into healthy snacking
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News
Mondelez International expands healthier snacking portfolio with $2.9bn Clif takeover
The deal expands the Cadbury owner’s snack bar business to more than $1bn following previous complementary takeovers of performance nutrition brand Grenade in the UK and refrigerated snacking player Perfect Snacks in the US.
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News
City Snapshot: Belerion ends £2bn THG pursuit
Belerion Capital has announced it has ended its £2bn pursuit of THG, with the online retail giant confirming it has rejected all recent approaches from potential suitors.