M&A – Page 46
-
NewsCMA launches investigation into Medina-Freshways merger
The Competition & Markets Authority has launched an investigation into the merger of milk processors Freshways and Medina Dairy amid concerns it could lead to a “substantial lessening of competition”
-
NewsPersonal shopper app Beelivery’s acquisition of Pinga is ‘first of many’
Visitors to the Pinga site are now being redirected to Beelivery’s and the Pinga app has been removed from app stores
-
NewsFood & drink M&A enjoys bumper year in 2021 but inflation could hamper 2022
Deal activity in the UK hit the highest levels recorded for more than a decade in 2021. However, inflationary headwinds look set to hamper dealmaking this year
-
NewsCity Snapshot: Cranswick enters petcare market with Grove Pet Foods acquisition
Cranswick has expanded its reach into the petcare category with the acquisition of UK pet food maker Grove Pet Foods.
-
NewsCMA launches probe into Boparan’s acquisition of Banham Poultry
Regulators have kicked off an investigation into Ranjit Boparan’s acquisition of Banham Poultry
-
NewsPoundstretcher begins converting stores to JTF
A Poundstretcher and Pet Hut in Margate, one of the variety discounter’s larger stores, is among the first to be rebranded
-
NewsCMA launches probe into Morrisons takeover amid concern over rising petrol prices
In October the CMA passed an enforcement notice compelling Morrisons to stay operationally independent while it considered launching an investigation
-
Comment & OpinionUnilever’s management restructure signals the status quo is unlikely to hold
With results on 10 February, Unilever will need to put its best foot forward and try to demonstrate it is already turning the corner, says Warren Ackerman, head of European consumer staples research at Barclays
-
NewsCD&R denies headhunting for David Potts successor
A Morrisons source is adamant there is no truth in the report that Potts intends to step down in two years’ time
-
NewsWarburtons takes minority stake in non-HFSS cookie start-up Snackzilla
Warburtons has invested a six-figure sum in kids’ healthier snacking brand Snackzilla as part of its Batch Ventures bakery innovation fund
-
NewsDistillery Eden Mill sells majority stake to investor Inverleith
The deal, for an undisclosed sum, would allow Eden Mill to “push forward” with the “ambitious build” of a new distillery at the mouth of the River Eden in St Andrews, said the brand
-
Comment & OpinionWho is Nelson Peltz and what does he want with Unilever?
A titan in the activist hedge fund world, Peltz has plonked his tank on Unilever’s lawn
-
Analysis & FeaturesBack to the drawing board: what does Unilever do now?
Its £50bn bid for GSK’s consumer healthcare business rejected, can Unilever’s under-pressure management restore City trust?
-
NewsJamaica Rum Vibes wins backing from AB InBev VC fund
It follows the business completing an accelerator programme at Add Psalt, which focuses on growing black-owned brands in UK grocery.
-
NewsUnilever halts pursuit of GSK consumer health arm as it refuses to up £50bn offer
Unilever has drawn a line under the rollercoaster takeover attempt, following a chorus of negative feedback from shareholders and analysts
-
NewsEcozone snapped up by HG International
Founded 20 years ago by the Van der Molen family, Ecozone produces a wide range of detergents, surface cleaners, dishwasher tablets, bin bags and mops using plant-based and natural ingredients and sustainable packaging.
-
NewsAustralian brewer Lion to sell Fourpure and Magic Rock after “difficult” two years
The business had encountered “difficult trading conditions over the past two years” in the UK, said Lion
-
Comment & OpinionWould £50bn-plus GSK consumer arm acquisition cure Unilever’s headache?
A 7% plunge in Unilever’s share price today has given a pretty clear indication that its investors do not see a £50bn-plus swoop for GlaxoSmithKline’s consumer health arm as the answer to the consumer giant’s problems
-
NewsSerious Sweets picks up honeycomb maker Mighty Fine
Serious Sweets supplies the major retailers and the foodservice industry with a range of private label fudge, toffee, marshmallows, brittles and butterscotch
-
NewsFreixenet Copestick buys English winery Bolney Estate
Together the two businesses would “aim to realise the opportunities of English sparkling wine and continue to grow Bolney Wine Estate’s position”, said Freixenet Copestick MD Robin Copestick