All Mergers and acquisitions articles – Page 55
-
NewsAmazon-Deliveroo deal provisionally cleared by CMA, again
The CMA first provisionally cleared the deal in April after being told the food courier company could go bust without it
-
NewsExponent launches Vibrant Foods to consolidate Asian and healthy brands
Private equity player Exponent has created a new venture to consolidate brands in the Asian and free-from markets.
-
NewsSwedish vegan brand Oumph snapped up by newcomer LiveKindly Co
Oumph joins the recently purchased Fry Family Food Co and LikeMeat in Livekindly’s growing portfolio of plant-based brands
-
NewsPepsiCo takes stake in £70m free-from brand Rude Health
PepsiCo has invested in Rude Health in a deal valuing the free-from brand at more than £70m, it has emerged.
-
NewsCity News: Premier Foods shares boosted by news of possible Hovis sale
The bread brand’s 51% owner Gores Group has reportedly hired banker Baird to find a buyer for Hovis
-
NewsCity snapshot: Just Eat Takeaway to acquire Grubhub to create global delivery giant
The online delivery company will buy the US-based business for $7.3bn, in a move that will create the largest online food delivery company outside of China
-
NewsDivine Chocolate CEO Sophi Tranchell leaves the business
Tranchell is departing after helping to secure a new owner for Divine to ensure it was ‘left in good hands and well-supported for the future’
-
NewsIceland founder Malcolm Walker and CEO Tarsem Dhaliwal take full ownership of chain
The pair have bought investment firm Brait’s shareholding in the business through a newly established company that they wholly own
-
NewsAdelie Foods rescue deal scuppered by competition concerns
The Grocer understands listed food-to-go giant Greencore had agreed a deal to take on Adelie as a going concern
-
NewsCity snapshot: Greencore rescue package for Adelie scuppered by competition concerns
Competition concerns scuppered a rescue deal for the UK’s third-largest sandwich maker Adelie Foods resulting in its collapse and the loss of almost 2,200 jobs.
-
Comment & OpinionCMA’s Amazon-Deliveroo decision will be a cracking season finale
Following months of twists and turns, the competition authority will give its final word on the deal next Thursday
-
NewsAdelie Foods ceases trading as rescue talks fail
The UK’s third-largest sandwich maker has permanently ceased trading after its administrator was unable to secure a swift rescue package
-
Comment & OpinionThe Carlsberg-Marston’s joint venture will back both businesses where they need support
Carlsberg and Marston’s new joint venture, announced this week, deserves a toast
-
NewsLotus Bakeries extends ownership of Natural Balance Foods to 98%
The deal was completed for an undisclosed amount that represents around 1.7x the current year net sales…
-
NewsAdelie food-to-go customers up for grabs as it enters administration
The UK sandwich market is set for further consolidation into a duopoly after number three player Adelie fell into administration this week
-
NewsDeloitte seeks buyer for Adelie as it falls into administration
Adelie has appointed administrator Deloitte after its business was hammered by the widespread closure of food-to-go outlets
-
NewsBoparan seals deal to buy Carluccio’s from administration and save 800 jobs
Boparan Restaurant Group, the casual dining arm of 2 Sisters owner Boparan, has agreed a deal to rescue Italian chain Carluccio’s from administration and safeguard 800 jobs.
-
NewsCarlsberg UK and Marston’s agree to £780m merger of brewing arms
Carlsberg UK and Marston’s will merge their brewing arms to create a new joint venture in the UK
-
NewsCapVest adds Irish pork producer M&M Walshe to Karro and Young’s
Private equity investor CapVest has acquired Irish pork producer M&M Walshe for its Eight Fifty Food Group vehicle, which already houses Karro and Young’s Seafood.
-
NewsCoronavirus will lead to increase in opportunistic M&A, predicts PwC report
Research conducted by accounting firm PwC highlighted the chance for “attractively priced M&A opportunities” to arise in the next 12 to 18 months, as some challenger brands will be unable to continue trading on their own