All Mergers and acquisitions articles – Page 24
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NewsByRuby launches 30-strong frozen ready meal range into Waitrose
The launch will be supported with the rollout of branded freezers in key stores
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NewsJus-Rol takeover by Cérélia in doubt as CMA warns of higher prices
An in-depth investigation into the takeover of Jus-Rol by bakery giant Cérélia has concluded the deal could push up prices and lower quality in the home baking category.
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NewsButlers Farmhouse Cheeses acquires Parlick from Singletons
The acquisition has brought sheep’s milk cheese into the company’s portfolio
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NewsHyperama sells its remaining two depots to Dhamecha
The sale of the Nottingham and West Bromwich sites follows last month’s agreement to offload its Peterborough depot to London-based wholesaler Holland Bazaar
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NewsThe Grocer publisher William Reed acquires events organiser Rethink
Brighton-based Rethink is best known for its World Agri-Tech and Future Food-Tech events held in San Francisco, London, Sao Paulo and Singapore
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Comment & OpinionMorrisons can be a serious convenience player with McColl’s – but it will take investment
The first key investment is likely to be in improving the store estate and supply chain
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NewsMorrisons plans to convert most McColl’s stores to Daily format as takeover completes
Morrisons also confirmed it would permanently close 132 McColl’s stores it said had been loss-making for some time
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NewsDriscoll’s completes Berry Gardens acquisition
Driscoll’s said the acquisition of the UK’s largest supplier of berries would help it to ‘become the world’s berry company’
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NewsCity snapshot: Asda completes £438m Co-op forecourts acquisition
Asda has completed the acquisition of 132 forecourts and retail sites from The Co-op to underpin its strategy to enter the convenience retail space
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NewsSt Pierre swallowed by world’s biggest baker Grupo Bimbo
The deal is expected to accelerate the already rapid growth of the brioche maker in the US and fuel further international expansion
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NewsHolland Bazaar acquires Hyperama Wholesale’s Peterborough depot
Holland Bazaar said the acquisition was part of a long-term strategy to increase its presence outside London
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NewsSelfridges sales recover in 2021 as new owners prepare to ride out cost of living crisis
The company posted a full-year sales increase of 28% to £653.4m, up from £508.5m the year before
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Analysis & FeaturesWill Walmart’s bet on micro fulfilment centres be the catalyst for further online automation?
MFC technology rollout has slowed. Will Walmart’s Alert Innovation acquisition break the inertia?
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NewsCity snapshot: Danone announces exit from Russian business
Danone has this morning announced it plans to transfer control of its dairy and plant-based business in Russia, in a move that could cost the group €1bn. Plus Diageo and Refresco pursue global M&A.
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Comment & OpinionM&S’ turbocharged turnaround tops a series of smart moves
The opening of food stores comes on top of investment in pricing and a change in culture
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NewsCity snapshot: British Honey Co puts itself up for sale
Listed honey and spirits producer British Honey Co has launched a formal sales process amid the need for cash by the end of November
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NewsGetir in talks to acquire rapid grocery rival Gorillas
It is understood another rapid grocery player is also considering a move to acquire Gorillas
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NewsMorrisons proposal to sell 28 McColl’s stores accepted by CMA
In September, the CMA identified 35 areas where the deal could lead to a significant reduction in competition
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NewsNurture Brands expands snacking portfolio with Indie Bay Snacks
Nurture Brands, owner of Rebel Kitchen and The Primal Pantry, has agreed a deal to acquire pretzel supplier Indie Bay Snacks
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NewsCity snapshot: Science in Sport launches strategic review amid consumer slowdown
Sports nutrition specialist Science in Sport has launched a strategic review that could result in the sale of the company or assets as it warned of weaking consumer demand despite first half growth.