All Mergers and acquisitions articles – Page 66
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News
World foods supplier TRS Group eyes sale
The £109m-turnover business hired advisors Stamford to prepare for a sale early next year, The Grocer understands
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Premier to seek 'over £100m' from Ambrosia sale, say analysts
The company confirmed plans to divest its third-largest brand on Tuesday 13 Nov, as Gavin Darby announced his departure
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City snapshot: Asian foods specialist TRS Group seeks buyer
World foods supplier TRS Group is eyeing up potential buyers after the £109m-turnover business hired advisors to prepare for a sale, The Grocer understands. Plus, Imperial Brands responds to new proposals to regulate vaping and menthol product sales and all the rest of the latest news from the City.
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Young's Seafood sale to CapVest almost a 'done deal', claim sources
The seafood giant was first put up for sale in April, but a deal with its former private equity owner is now approaching completion
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News
CMA reveals supplier fears over Sainsbury's-Asda merger
Two suppliers, who both asked to remain anonymous, have set out their concerns about the merger
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Analysis & Features
Sainsbury's-Asda: eight reasons why our merger should go ahead
In response to opposition from retailers and supplier groups last week, Sainsbury’s and Asda have launched the case for the defence of their merger plans
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Sainsbury's extends facilities managing contract with Arcus
The new £28m contract means Arcus will maintain store facilities until 2026
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Science in Sport to acquire PHD Nutrition for £32m
Sports nutrition supplier Science in Sport is set to acquire protein brand PHD Nutrition in a £32m deal.
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Gavin Darby announces Premier Foods departure as it seeks Ambrosia sale
Premier Foods’ CEO Gavin Darby has announced he is to step down in January, while it has also said it is in talks to sell its Ambrosia brand
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Chocolate brand Montezuma's sells majority stake to PE group Inverleith
Consumer-focused private equity group Inverleith LLP has bought a majority stake in premium chocolate brand Montezumas
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News
Diageo to sell 19 brands to Sazerac for $550m
Booze giant Diageo has announced plans to sell a portfolio of 19 spirit brands to US group Sazerac in a deal worth US$550m.
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Analysis & Features
PepsiCo to avoid premium snacks retail war by keeping Pipers Crisps Co's focus on foodservice
Walkers owner PepsiCo has entered the premium hand-cooked crisps space with its acquisition of Pipers, but will eschew the brutal promotional retail environment to grow its presence in foodservice.
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News
EG Group to buy Australian chain Woolworths Petrol in A$1.7bn deal
EG Group, previously Euro Garages, will take control over Woolworth Group’s 540 site network
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Analysis & Features
Sainsbury's-Asda report: retailers and trade bodies respond
The Grocer summarises the industry’s responses to the CMA investigation, published yesterday
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News
Aldi urges CMA to put a stop to Sainsbury's-Asda merger
Aldi claimed it and Lidl should have been excluded from the CMA’s inquiry as they are not in the same league as the big four
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Booker company secretary & CFO leave in wake of Tesco merger
CFO Jonathan Prentis and company secretary Mark Chilton have been stalwarts of the business since it was spun out from the Big Food Group in 2005
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Kitwave Wholesale Group eyes acquisitions to boost growth
Wholesaler reported full-year pre-tax profits up from £165,000 to £3m on turnover up by more than £45m to £341m…
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News
PepsiCo snaps up premium crisps brand Pipers
Walkers owner PepsiCo has moved to buy premium crisps brand Pipers Crisp Co for an undisclosed sum.
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News
Coconut snacks brand Ape bought by private investor
Ape Snacks has been acquired for an undisclosed fee as investor interest in healthy snacking continues to boom
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News
Bidfood retains Best Food Logistics as buyer withdraws bid
The Grocer understands a sell-off remains a key option for parent-company Bidcorp