M&A – Page 39
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NewsBarilla snaps up DTC Pasta Evangelists
Italian food giant Barilla has snapped up direct-to-consumer business Pasta Evangelists to tap into booming e-commerce demand in the UK during the coronavirus pandemic.
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NewsValeo Foods adds to snacking empire with Schluckwerder acquisition
Valeo Foods has bolstered its confectionery business with the acquisition of German marzipan and chocolate producer Schluckwerder
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NewsNomad Foods confirms talks with Fortenova Group to buy frozen foods business
Birds Eye owner Nomad Foods is looking to extend the reach of its frozen empire in Europe after entering exclusive talks with Fortenova Group to buy the Croatian company’s frozen foods brands.
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NewsSomerdale snaps up Abergavenny Fine Foods’ blended cheese business
The deal would allow Somerdale to boost its international portfolio, the exporter said
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NewsFreshDirect completes sale to Ahold Delhaize and Centerbridge Partners
US online fresh food grocer FreshDirect has announced that it closed its sale to global grocery giant Ahold Delhaize and investment firm Centerbridge Partners.
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Comment & OpinionWhat you may have missed part II: Grocery’s city news over Christmas
In a sign of these strange times, the Christmas ‘break’ has been quite a hive of activity
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News
Nomad Foods completes Findus unification with €110m Switzerland deal
Birds Eye owner Nomad Foods has completed the €110m (£99.5m) deal to add Findus Switzerland to its growing frozen empire.
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NewsPooch & Mutt sells minority stake to Czech petfood producer VAFO
The fast-growing pet treats brand has sold a minority stake to Czech premium petfood player VAFO in a ’multimillion-pound’ transaction
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NewsSamworth Bros boosts Higgidy stake to become majority shareholder
Higgidy will remain a separate business with a separate leadership team and its own manufacturing facilities
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NewsKettle owner Valeo Foods snaps up tortilla chip producer It’s All Good
The supplier will join Valeo’s snacking division alongside the likes of Kettle
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Comment & OpinionIf it’s not a supply deal, what is Bestway getting from its Costcutter purchase?
Bestway has confirmed the Co-op supply arrangement will remain in place until 2026. In the meantime, the wholesaler will reap other benefits
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NewsBestway extends Co-op supply deal for Costcutter until 2026
Bestway confirmed on Friday it was buying the symbol group from Bibby Line Group for an undisclosed fee
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NewsBestway snaps up Costcutter for undisclosed fee
Once the deal is cleared, Bestway will operate a symbol, franchise and company store estate of more than 3,795 UK stores
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NewsKerry Group mulls €1bn-plus sale of consumer foods business
Kerry Group is considering selling off its consumer foods division, which includes brands such as Richmond sausages and Dairygold, according to reports today
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NewsCapVest set to win IPN auction
Capvest has seen off competition from Cranswick as well as fellow private equity players Ontario Teachers and Bridgepoint
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NewsFerrero moves into healthier snacking market with Eat Natural acquisition
Eat Natural will continue to produce at its facility in Halstead, with its entire staff – including management – set to be retained
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NewsAsda DC network to be sold and leased back by new owners
TDR Capital and Issa brothers Zuber and Mohsin are lining up advisors Eastdil Secured to handle the process
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NewsCranswick plots return to petfood market with IPN acquisition
Pork and meat supplier Cranswick is mulling a move into the fast-growing premium petfood sector with the potential acquisition of Inspired Pet Nutrition
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NewsCity snapshot: Ocado completes $262m Kindred Systems robotics acquisition
Ocado has announced it has completed the deal for US piece picking robotics company Kindred Systems.
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NewsEG Group grows German estate with €485m acquisition
EG today announced it had entered into a binding agreement to acquire a network of 285 petrol station forecourts in Southern Germany from OMV Deutschland.