M&A – Page 59
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NewsUnilever to buy GSK's health drinks business for €3.3bn
In 2018, the health drink portfolio delivered total turnover of €550m Unilever has agreed a €3.3bn deal to buy GlaxoSmithKline’s Indian consumer business, including malted milk drink Horlicks. The deal will boost Unilever’s footprint in one its fastest growing markets, beating reported interest from fellow consumer giants ...
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Analysis & FeaturesWill Samworth's bid to buy Manton Wood win CMA approval?
The investigation into the deal has surprised observers
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NewsEdrington sells Cutty Sark whisky to La Martiniquaise-Bardinet
A deal is also underway to sell its Glenturret brand
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NewsWilliam Jackson buys premium vinegar and olive oil brand Belazu
The transaction marks the Yorkshire-based group’s second deal since its sale of Aunt Bessie’s in June
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NewsPlant-based supplier Gosh hires advisors to explore sale
The supplier has hired corporate finance firm Houlihan Lokey to “consider strategic options”…
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NewsUnitas drops Today's own-label range in favour of Landmark's
The new wholesale group met with suppliers earlier this week to talk about the future
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NewsCity snapshot: Plant-based food producer Gosh eyes potential sale
Plant-based food producer Gosh is plotting a potential sale after hiring advisors. Plus Origin Enterprises delivers 24% first quarter sales jump and all the rest of the latest news from the City.
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NewsUS-based Lineage Logistics acquires Yearsley Group
The deal was struck due to synergies between both businesses operating models
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NewsAldi and Lidl a 'compelling threat' to grocery market
Hurley’s comments came in Aldi’s response to the CMA’s issues statement which was published by the watchdog last week
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NewsWorld foods supplier TRS Group eyes sale
The £109m-turnover business hired advisors Stamford to prepare for a sale early next year, The Grocer understands
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NewsPremier to seek 'over £100m' from Ambrosia sale, say analysts
The company confirmed plans to divest its third-largest brand on Tuesday 13 Nov, as Gavin Darby announced his departure
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NewsCity snapshot: Asian foods specialist TRS Group seeks buyer
World foods supplier TRS Group is eyeing up potential buyers after the £109m-turnover business hired advisors to prepare for a sale, The Grocer understands. Plus, Imperial Brands responds to new proposals to regulate vaping and menthol product sales and all the rest of the latest news from the City.
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NewsYoung's Seafood sale to CapVest almost a 'done deal', claim sources
The seafood giant was first put up for sale in April, but a deal with its former private equity owner is now approaching completion
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NewsCMA reveals supplier fears over Sainsbury's-Asda merger
Two suppliers, who both asked to remain anonymous, have set out their concerns about the merger
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Analysis & FeaturesSainsbury's-Asda: eight reasons why our merger should go ahead
In response to opposition from retailers and supplier groups last week, Sainsbury’s and Asda have launched the case for the defence of their merger plans
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NewsSainsbury's extends facilities managing contract with Arcus
The new £28m contract means Arcus will maintain store facilities until 2026
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NewsScience in Sport to acquire PHD Nutrition for £32m
Sports nutrition supplier Science in Sport is set to acquire protein brand PHD Nutrition in a £32m deal.
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NewsChocolate brand Montezuma's sells majority stake to PE group Inverleith
Consumer-focused private equity group Inverleith LLP has bought a majority stake in premium chocolate brand Montezumas
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NewsDiageo to sell 19 brands to Sazerac for $550m
Booze giant Diageo has announced plans to sell a portfolio of 19 spirit brands to US group Sazerac in a deal worth US$550m.
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Analysis & FeaturesPepsiCo to avoid premium snacks retail war by keeping Pipers Crisps Co's focus on foodservice
Walkers owner PepsiCo has entered the premium hand-cooked crisps space with its acquisition of Pipers, but will eschew the brutal promotional retail environment to grow its presence in foodservice.