M&A – Page 50
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NewsMeadow Foods buys Valeo-owned Nimbus Foods
Exponent-backed dairy company Meadow Foods has continued its acquisitive growth push with a deal to buy Welsh decorations and toppings firm Nimbus Foods.
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NewsBooker Best Food buy bolsters sales by £1bn
The Bidfood logistics business was acquired for a nominal sum
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NewsTesco acquires Best Food Logistics for ‘nominal sum’
Best Food Logistics last year announced a major long-term supply deal with Pizza Hut
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NewsKarro and Young's Seafood form new 'umbrella' Eight Fifty Food Group
The new parent company’s name comes from units of measurement from both sides of the newly-formed business
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NewsDr Oetker snaps up specialist baking business Cake Craft World
The acquisition was completed for an undisclosed amount
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NewsProduct recall leads to administration for Thomas Tucker
Popcorn supplier Thomas Tucker has called in administrators after a food safety recall caused a cash shortfall in the business.
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NewsCourt documents reveal alleged secrecy tactics as Ocado and TDP engage in legal fight
The revelations came as it emerged Ocado was suing Faiman for allegedly obtaining confidential information to help set up TDP
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NewsExponent buys specialist foods wholesaler East End Foods
Exponent confirmed that several members of the Wouhra family would continue with the £200m turnover business
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NewsHalo Top sold to US ice cream giant Wells Enterprises
The Eden Creamery ice cream brand was snapped up for an undisclosed amount, with the deal expected to complete this month
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NewsPremier Foods tipped to seek asset sales
The new management team at Premier Foods will be tasked with overseeing a sell-off of its key brands according to City sources, as the listed food group’s strategy shifts to generating shareholder returns through disposals.
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Analysis & FeaturesWhat does Tulip’s takeover mean for the UK pig sector?
Pilgrim’s Pride’s acquisition of Tulip is a ‘vote of confidence’ in the market
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Analysis & FeaturesHow Grenade exploded into confectionery mainstream
Protein bar maker Grenade has rocketed from sports nutrition brand to mainstream giant – and is now heading for its third sale
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NewsValeo Foods confirms £66m Kettle acquisition
Valeo Foods Group has confirmed the acquisition of Kettle from US owner Campbell Soup Co, in a deal valuing the struggling premium crisps brand at £66m
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NewsGreencore agrees £56m deal for Freshtime UK
Greencore has announced it has agreed to acquire Freshtime, a UK-based supplier of food-to-go-salads, chilled snacks and prepared produce.
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NewsBurton’s Biscuits acquires shortbread producer Paterson Arran
Burton’s Biscuits has announced it has broadened its product portfolio with the acquisitions of Scottish shortbread producer Paterson Arran.
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NewsLion Capital kicks off sale process for sports nutrition brand Grenade
The sports nutrition player is set for a multimillion-pound bidding war after private equity owner Lion Capital appointed advisors to explore a sale
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Comment & OpinionPilgrim’s Pride move for Tulip shows US has UK meat sector in its sights
US pork producers could now have a much easier route to market for their pork in the UK
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NewsHain Celestial agrees £280m Tilda sale to Spain’s Ebro Foods
US food giant Hain Celestial group has completed the sale of rice brand Tilda to Spanish food processing business Ebro Foods for $342m (£280m) in cash, as reduces its exposure to UK Brexit uncertainty.
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Analysis & FeaturesProperty not pints at the centre of Greene King takeover
Former PM David Cameron famously treated Chinese president Xi Jinping to a pint of Greene King IPA on a state visit back in 2015, but it isn’t a taste for the brewer’s signature beer that has persuaded Hong Kong’s richest man to shell out £2.7bn to buy up the pub group.
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NewsLotus Bakeries launches incubator fund with Peter’s Yard investment
Belgium’s Lotus Bakeries, recent acquirer of snack brands Bear, Nakd and Kiddylicious, has launched an incubator fund and made another investment in the UK healthy snacking sector.