M&A – Page 92
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NewsTyrrells sold for £300m to US group Amplify Snack Brands
caPremium crisps brand Tyrrells has been sold to US-listed Amplify Snack Brands for £300m by its private equity owner Investcorp.
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NewsFruit Bowl acquired by Pioneer Food Group in £7.5m deal
Wellness Foods has sold off its last remaining brand to South African cereal manufacturer Pioneer Food Group for £7.5m.
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NewsArcus wins 10-year Sainsbury's maintenance contract extension
Arcus has introduced innovative projects such as remote refrigeration monitoring to Sainsbury’s
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Comment & OpinionAB InBev/SAB megabrew faces nailbiting progress to completion
The historic brewing mega-deal looks back on. But it is not out of the woods yet.
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NewsFlorette expands range with Axgro Foods beetroot acquisition
Salad producer Florette has acquired beetroot supplier Axgro Foods in a bid to expand its product range.
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NewsMotor Fuel Group buys forecourt operator Synergie Holdings
MFG says it aims to become the UK’s most dynamic and profitable independent forecourt operator
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NewsFaccenda Foods enters joint venture with Dartmouth Foods
The agreement will integrate cooked poultry productions into the Faccenda poultry supply chain
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Comment & OpinionWhy the grocers should get disruptive too
Traditional business models and products are no longer enough to ensure long-term survival
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NewsSABMiller board backs improved AB InBev offer
SABMiller announced on Friday afternoon it has unanimously recommended this week’s improved £79bn offer from AB InBev.
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NewsCMA gives green light for Sainsbury's pharmacy sale to Celesio
The £125m deal can proceed as long as Celesio sells off 12 of its existing LloydsPharmacy businesses
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NewsM&A deal activity set for post-Brexit autumn spike
Pent-up M&A demand in the food and drink sector could lead to a spike in deals in the autumn
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NewsJames Hall snaps up 30 NECS convenience stores
Spar wholesaler has bought North East Convenience Stores for an undisclosed sum
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NewsRefresco enters US with $129m Whitlock Packaging deal
The deal is Refresco’s first step towards expansion beyond Europe, with a ”strong” second platform for further growth in North America.
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NewsAB InBev ups offer for SABMiller after investor pressure
AB InBev that it has made a revised and “final” offer for SABMiller after the post-Brexit slump in the pound had led to investors questioning the value of its original offer.
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NewsHalewood continues expansion drive with West Cork investment
The deal is a move to capitalise on increased consumer interest in imported Irish whiskies
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NewsFine Food adds to portfolio with Clarks and Wild Tastes acquisitions
Clarks Speciality Foods and Wild Tastes both supply premium, specialist products to the foodservice sector and speciality retailers across Scotland.
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NewsAhold Delhaize starts trading as €9.8bn merger goes live
The €9.8bn merger of Ahold and Delhaize received clearance from US regulators over the weekend.
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NewsGreencore buys The Sandwich Factory from Cranswick
Deal is valued at up to £15m and will be funded from existing debt facilities
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NewsJames Hall snaps up North East Convenience Stores
Spar wholesaler has bought the 30-store estate for an undisclosed sum
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NewsWaterfall Catering Group sale to Elior provides tasty exit for LDC
The deal provides LDC, which backed a £20m secondary buyout in December 2014, an exit, generating a 2.6x return on its investment.