M&A – Page 79
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NewsStock Spirits acquires £16m stake in Quintessential Brands Irish whiskey division
London-listed Stock Spirits Group has struck a deal to acquire a 25% stake in the Irish whiskey division of Quintessential Brands Group for up to up to €18.3m (£16m) in cash.
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NewsUnilever acquisition of Reckitt Benckiser food brands would be a strategic misstep - analysts
A £2bn-plus Unilever approach for the food business of Reckitt Benckiser, made up of French’s Mustard and Frank’s Red Hot Sauce, would be ‘surprising’, ‘disappointing’ and strategically inconsistent, according to City analysts.
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NewsKP Snacks acquires Butterkist to break into popcorn market
Butterkist’s manufacturing site in West Yorkshire and its 140 employees will become part of the KP Snacks business following the acquisition.
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NewsKennelpak picked up by PE firm Endless' Enact fund
Kennelpak is headquartered in Nottingham, where it employees 275 staff, and generated sales of more than £23m in the year ended 31 March 2017.
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NewsNisa members 'wait and see' over Sainsbury's takeover
Exclusive new research for The Grocer reveals more Nisa retailers are in favour of a deal than against it, but still all to play for
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NewsChivas Brothers sells Glenallachie distillery and brands
Pernod Ricard said the disposal was “in line with its strategy to focus on its priority spirits and wine brands”
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NewsTasties of Chester rescue deal saves 188 jobs as former Adelie CEO takes over business
Almost 200 jobs have been saved at food-to-go operator Tasties of Chester after former Adelie Foods CEO Gavin Cox put together a rescue deal with administrators.
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NewsFood and drinks manufacturing deals slump by a quarter in 2016
M&A activity in the UK food and drinks manufacturing sector slumped last year as the fallout from Brexit squeezed profits and put off buyers, according to a new report.
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Analysis & FeaturesOC&C Global 50: M&A lever yet to be pulled
Forecasts of 3G Capital’s rivals reacting to its deal-making with large-scale consolidations of their own have come to very little as Global 50 M&A slumped last year
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NewsOcado: Amazon-Whole Foods deal to 'drive partnership demand'
CEO Tim Steiner insists the bricks-and-mortar tie-up will drive other retailers to develop an online presence
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NewsWyke Farms and Omsco form jv and plan organic cheese brand
Deal will allow the two businesses to ‘capitalise on the growth of the organic market on a global scale’
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NewsApplegreen gets go-ahead for Topaz Energy deal
Ireland’s compeition watchdog finds 50% stake won’t substantially lessen competition
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NewsSainsbury's-Nisa deal 'risky' without McColl's renewal
Analyst says McColl’s is in “strong strategic position” as it contract with Nisa comes up for renewal.
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NewsSally Abbott made managing director of Weetabix UK & Ireland
Her previous position has been filled by Francesca Davies, now marketing director for UK & Ireland
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NewsAround Noon expands UK presence with Chef in a Box deal
The purchase of Chef in a Box from Donegal Investment Group will allow Around Noon to gain a strong foothold in greater London and provide a platform for further UK expansion.
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NewsOle & Steen set for UK roll-out under new ownership
Danish bakery chain Ole & Steen, which opened its first international store in London at the end of 2016, has been acquired by a new private equity owner for an undisclosed sum.
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NewsCarlsberg UK buys London Fields Brewery
The brand will be run as a joint venture between Carlsberg and Brooklyn Brewery
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News‘Business as usual’ for Premier Foods despite merger claims
The Mr Kipling owner responded yesterday to the WSJ’s claim it was exploring radical options
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NewsMBO team at Thomas J Fudge's moves on following review
The management team behind a buyout at Thomas J Fudge’s Remarkable Bakery have sold their stakes and left the brand amid a shake-up by private equity backer Livingbridge, The Grocer can reveal.
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NewsCity snapshot: Tesco/Booker request swift move to in-depth competition investigation
Tesco and Booker have requested that the Competition and Markets Authority fast track its investigation into deal to a more in-depth phase 2 investigation. Plus Greene King raises revenues despite “demanding backdrop”, DS Smith swoops for US packaging firm and all the rest of the latest news from the City