All Mergers and acquisitions articles – Page 13
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News
SugaRich acquires Sweetdreams to expand into confectionery
Food reprocessor SugaRich has announced the acquisition of Choc Nibbles manufacturer Sweetdreams to expand its offering into confectionery manufacturing
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News
Artisanal Spirits Company looks stateside with Single Cask Nation acquisition
The company said the move would allow it to take advantage of the ‘sizeable and growing’ US whiskey market
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Purity Brewing Co sold to private equity firm Breal Group
The private equity firm has added another ailing craft brewer to its roster
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Danone offloads US premium organic dairy business to Platinum Equity
Danone has agreed to sell its premium organic dairy business in the US to investment firm Platinum Equity for an undisclosed sum
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News
IBC Simply acquires March Foods to form Delightful group
The foodservice supplier has snapped up March Foods to boost its food and drink manufacturing and co-packing capabilities
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News
ADM snaps up London ingredients business FDL
Global grains merchant ADM has continued on the acquisition trail, picking up the London-headquartered ingredients business for an undisclosed price
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Coterie Holdings swoops for Hallgarten & Novum Wines
Hallgarten has been added to a portfolio that also includes Lay & Wheeler, Coterie Vaults and Jera
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City snapshot: ADM expands into dairy with Revela Foods deal
Global food processing and commodities giant ADM has acquired Revela Foods to expand its capabilities into the dairy category.
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News
Asda opens more than 80 convenience stores in December
The conversions of its recent acquisition of Co-op and EG UK sites, alongside the opening of eight standalone Asda Express stores, brings the total number of Asda Express sites to 229 nationwide
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News
City snapshot: Unilever sells Elida Beauty brands to US private equity firm
Unilever has agreed to sell its Elida Beauty business to US private equity player Yellow Wood Partners
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News
LDC exits Cakesmiths as European bakery steps in
Handmade cakes supplier Cakesmiths has been acquired by European frozen pastries group Onore, providing private equity backer LDC with an exit
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News
Christmas deadline set to find buyer for collapsed VBites
Administrators are racing to find a new buyer for Heather Mills’ vegan brand VBites before a Christmas deadline following its collapse into administration
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City Snapshot: SSP Group increases global footprint with Canada acquisition
SSP Group has announced a further expansion in its geographic reach with a deal to acquire a Canadian food airport operator and will also open further units in Saudi Arabia
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Comment & Opinion
The CMA is reviewing its merger process. Here’s what it means
The CMA has made meaningful changes to its phase two process for the first time in a decade, say Tom Clare, managing associate, antitrust & foreign investment, and Mona Zhang, trainee solicitor, antitrust & foreign investment at Linklaters
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News
Deliciously Ella buys Milton Keynes factory out of administration
The 15,000 sq ft site, formerly owned by Green Way Foods, has been one of the brand’s core suppliers since it launched in 2016
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Boots owner explores potential London IPO
The US owner of Boots is once again exploring options to sell off the UK pharmacy chain, including the possibility of a flotation on the London Stock Exchange
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East London Liquor Co sold in pre-pack administration deal
Existing board members have agreed terms to purchase the distillery, after it was placed into adminstration
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Last-mile platform Stuart teases new year grocery growth following acquisition
Stuart UK general manager John Gillan said the company’s growth in the sector would be driven by supermarkets developing their own quick delivery channels
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News
Bacardi adds Teeling Whiskey to UK portfolio after upping ownership stake
The Patrón Tequila owner will take on distribution of Teeling in markets including the UK, the Netherlands, Germany and Austria
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News
Newlat confirms Princes talks as process reaches ‘advanced’ stage
Italian food group Newlat has confirmed it is one of the parties vying to acquire canned food giant Princes