All Mergers and acquisitions articles – Page 63
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NewsRaylex Brands acquires Wow Drinks to grow plant-based portfolio
Raylex said the acquisition would help on its mission to build a plant-based drinks portfolio
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NewsCanadian cannabis giant eyes Europe with Bridge Farm deal
A flower supplier chaired by Morrisons chairman Andy Higginson has been bought by a Canadian cannabis giant as it looks at European expansion.
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NewsScottish Salmon Co mulls sale
The Scottish salmon producer is considering selling all or part of the business as part of a review launched in April.
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NewsAB InBev buys BeerBods subscription service and The Bottle Shop assets
BeerBods said the deal would ‘help it reach its full potential’
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NewsAmazon Deliveroo investment halted by CMA intervention
An initial enforcement order has been served on the two companies over concerns they may no longer be operating separately
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NewsFroneri enters Israeli market with Noga Ice Cream acquisition
Froneri has agreed to acquired Nestlé business Noga Ice Creams, launching into the Israeli market for the first time.
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NewsOrkla buys UK toffee manufacturer Confection by Design to expand UK foothold
The Scandinavian-based food group acquired the fudge manufacturer for an undisclosed amount.
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NewsYo Sushi acquires US rival Snowfox to ramp up retail efforts
The UK Sushi company merged with Snowfox to fuel its push into retail sales.
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NewsCapVest-owned Karro acquires Young’s Seafood
Karro Food Group, the pork processor owner by private equity investor CapVest, has agreed terms to buy UK seafood business Young’s.
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NewsAmber Beverage buys UK drink distributor Cellar Trends in push for global growth
Spirits producer Amber Beverage Group has acquired UK booze distributor Cellar Trends, pressing ahead with its international expansion plans.
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NewsCity snapshot: Applegreen breaks into US Mid-West
Applegreen has made its first major foray in to the United States’ Mid-West. Plus, Tesco to outline sustainability plans, first half profits dip at Wynnstay and all the rest of the latest news from the City.
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NewsBell Food sells German sausage business amid declining market
Swiss meat producer Bell Food has sold its German sausage unit to the Zur Mühlen Group for an undisclosed sum, amid “decline” in the market and rising pork prices.
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NewsThe Lakes Distillery raises a further £2.1m of growth capital
The Lakes Distillery has raised a further £2.1m from investment manager Gresham House Strategic to fund its global growth ambitions move forwards its plans for the public listing.
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NewsBidfood to relaunch Punjab Kitchen as Simply Puree
The acquisition took place in January but was only confirmed by Bidfood’s South African parent company Bidcorp last month
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NewsCity snapshot: Carrefour sells Chinese retail business in €1.4bn deal
French retail giant Carrefour has announced it has agreed to sell its operations in China to Chinese retail group Suning.com in a €1.4bn deal. Plus, franchise retailer Cake Box has delivered 33% sales growth in its inaugural year as a listed business and all the rest of the latest news from the City.
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NewsExponent confirms deal to buy Asian food wholesaler TRS
Private equity player Exponent has confirmed a deal to acquire specialist Asian food wholesaler TRS Foods as it readies a consolidation push.
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NewsTurkish food importer TFC buys London-based wholesaler Starburger
TFC Holdings London has snatched catering sector wholesaler Starburger for an undisclosed sum, completing what it described as its “first major acquisition”.
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NewsMeatsnacks Group slips further into red before buyout
The maker of Wild West Jerky, Hogbites Pork Crackling and Bundu Biltong reported a rise in pre-tax losses to £584k in the previous financial year
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NewsMondelez takes majority stake in US fresh-from-fridge energy bars maker Perfect Snack
Mondelez has agreed to acquire a majority stake in refrigerated protein bars maker Perfect Snacks as it looks to expand its healthy snacking portfolio.
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NewsEnergy bar producer Wholebake rescues Bounce Foods from administration
Gluten-free snack manufacturer Wholebake has acquired Bounce Foods for an undisclosed sum, rescuing the Surrey-based brand from administration.