M&A – Page 37
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NewsBidcorp UK acquires Suffolk-based wholesaler Thomas Ridley Foodservice
Formerly a member of the Country Range group, Thomas Ridley has over 2,000 catering and hospitality customers throughout London and East Anglia
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NewsCérélia acquisition of dough brand Jus-Rol rolled back by CMA
The deals watchdog has blocked the French bakery giant’s acquisition of the ready-to-bake pastry brand following concerns it will push up prices for shoppers and lower product quality
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Analysis & FeaturesHow is Valeo Foods performing for Bain after £1.5bn buyout?
Acquisitions are now more complex and the debt mountain is €1.6bn
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NewsThe Curators buys rival snacking disruptor Cheesies in Yeo Valley-backed deal
The deal sees The Curators grow its portfolio of high-protein, low-carb and keto-friendly snacks
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NewsBidcorp acquires foodservice supplier Harvest Fine Foods
Harvest supplies over 1,000 catering establishments across the Dorset, Hampshire and Sussex areas and stocks a range of 4,500 chilled, frozen and ambient products
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NewsKerry set for €500m sweet ingredients portfolio sale to IRCA
Kerry Group has announced it has entered to entered into exclusive negotiations to sell sweet ingredients portfolio to Advent International-owned IRCA.
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NewsCurious Brewery rescues Wild Beer Co from administration
Kent-based Curious Brewery has rescued the Wild Beer Co brand from administration in a deal which will double production at its Ashford brewery
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NewsNorthern Bloc acquires two heritage ice cream makers as it ramps up capacity at new Leeds HQ
The acquisitions of Criterion Ices and Marine Ices will boost revenues by an additional £2m
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Comment & OpinionHilarious, disastrous and frankly outrageous moments that shaped 2022
A year of political chaos, war, strikes, egg shortages, fevered cost price increase negotiations
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NewsGlobal Brands takes control of Hooch, Hooper’s and Reef from Molson Coors
The three brands have been produced and distributed by Global Brands since 2012, under licence from the North American brewing giant.
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NewsDriscoll’s plans new varieties and more export opportunities to grow UK berry category
Russell Allwell, MD of Driscoll’s EMEA, said establishing its own operation in the UK was a ’great opportunity’
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NewsWilliam Reed snaps up Retail Week and World Retail Congress from Ascential plc
It follows William Reed’s acquisitions of The London Coffee Festival and Rethink events businesses
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NewsMondelez offloads chewing gum assets in US, Canada and Europe to Perfetti Van Melle for $1.4bn
The deal only includes the business in the US, Canada and Europe, with Mondelez retaining its gum holdings across Latin America, Asia, Middle East and Africa.
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NewsCity snapshot: AG Barr snaps up remaining stake in Moma Foods
AG Barr has acquired the remaining minority stake in plant-based milk brand Moma Foods for £3.4m. Plus, Hilton Food Group forms long-term strategic collaboration in Singapore with Country Foods.
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NewsJuvela gluten-free brand snapped up by S-Ventures
Fmcg investment house S-Ventures has acquired gluten-free brand Juvela to expand its portfolio of free-from suppliers
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NewsNurture Brands buys seaweed crisp maker Abakus Foods
Plant-based group Nurture Brands has continued to build its portfolio of brands with the acquisition of seaweed crisps producer Abakus Foods.
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NewsCIty snapshot: Kitwave acquires foodservice wholesaler WestCountry Food in £29m deal
Kitwave Group has snapped up fresh produce wholesaler WestCountry Food Holdings for £29m to incorporate into the company’s foodservice division. Pkus, Fever-Tree Drinks appoints new chairman.
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NewsAdministrators seek buyer for Wild Beer Co
Beer brand Wild Beer Co has fallen into administration after struggling to recover from the pressures of Covid, while battling rising costs
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NewsFreshcut Foods close to new investment as Perwyn lines up exit
Perwyn hired advisors at US-based investment bank Stephens to explore options for the fresh ingredients supplier earlier this year.
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NewsDavid Wagstaff made St Pierre MD as David Milner moves on following Grupo Bimbo sale
Wagstaff brings more than 30 years’ experience in the food and drink industry to the role