All Mergers and acquisitions articles – Page 67
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News
Alcohol deals help UK food and drink M&A shrug off Brexit jitters
A flurry of dealmaking in alcoholic drinks kept food and drink M&A ticking over in the third quarter, though deal numbers remain down so far in 2018.
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News
Kellogg's, Unilever and PepsiCo jostle to buy Graze
PE owner Carlyle is understood to be looking to secure a sale by Christmas
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City snapshot: Global consumer giants jostle to buy Graze
Food giants Kellogg’s, Unilever and PepsiCo are battling to buy healthy snacks business Graze as bidding kicks off, EU search interest in UK brands surges and the rest of the news from the City
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Landmark-Today's merger completes to form Unitas Wholesale
The new Unitas trading team will start talking to suppliers about 2019 from 1 December
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Samworth Brothers to buy 2 Sisters' Manton Wood sandwich factory
2 Sisters’ owner Boparan Holdings announced that it has agreed the sale of the site, also known as Solway Foods, which employs around 1000 staff, as it continues to transform its operations.
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Media Bites 31 October: WH Smith, Reckitt Benckiser, Ocado
UK retailer WH Smith has unveiled plans to buy US airport chain InMotion in a £155m deal to double its travel business, as part of a strategic shift amid declining high street sales
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City Snapshot: WH Smith doubles size of travel division with InMotion acquisition
WH Smith agrees US$198m deal to buy international travel retailer InMotion, Ocado and Kroger solidify partnership with the signing of service and operational terms and manufacturing disruption hits third quarter sales at Reckitt Benckiser
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News
Peyton & Byrne Bakeries split up in rescue deal
Peyton & Byrne Bakeries, the retail chain and wholesale bakery co-founded by Great British Menu judge Oliver Peyton, has been split-up in a rescue deal after it entered administration.
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Peyton & Byrne Bakeries falls into administration
The bakery chain co-founded by Great British Menu judge Oliver Peyton has entered administration.
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Johnson & Johnson makes $2bn offer for Japan’s Ci:z Holdings
US consumer giant Johnson & Johnson has announced it has made a US$2bn offer to buy the 80% of Japanese skincare group Ci:z Holdings is does not already own.
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City snapshot: B&M acquires French discount chain Babou for €91.2m
B&M Bargains owner BME European Value Retail has agreed to buy French general merchandise retailer Babou. Plus, Casino owner Rallye has has received an offer for its Courir sports business from private equity group Equistone Partners.
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News
Post Office given go-ahead to complete Payzone takeover
The deal is set to complete next week after being waved through by the Competition and Markets Authority…
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Pastinos looks to up distribution after Mask acquisition
The vegan snack maker was put up for sale by its former owners Giuseppe Martorana and Roberto Perini
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Greencore claims US exit makes it 'more resilient' to Brexit
The own-label sandwich producer dismissed accusations its US expansion had been a failure
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Genesis Crafty bought for £1.8m after turnaround plan failed
The Northern Irish bakery, which reported £18m turnover in 2017, entered administration in August
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City snapshot: Greencore sell US business to Hearthside for £817m
Convenience food group Greencore is to sell its entire US business to American contract manufacturer Hearthside Food Solutions for £817m, high street footfall continues to decline, and the rest of the news from the City
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News
City Snapshot: Glanbia buys SlimFast for US$350m
Irish food group Glanbia has announced it has agreed to acquire weight loss nutrition brand SlimFast for US$350m. Plus, high street restructure at WH Smith sees headline profits fall back and all the rest of the latest news from the City.
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News
Private label wins drive Aston Manor growth before Agrial takeover
Sales jumped 12.4% at Frosty Jacks and Kingstone Press maker Aston Manor in 2017
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Comment & Opinion
A potential game-changer in the Sainsbury's-Asda probe
The press has been awash with misleading headlines after the latest developments in Sainsbury’s-Asda
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News
Lavazza to buy Mars' coffee business for reported $650m
Lavazza has agreed to purchase the drinks supplier, which includes two leading brands in the office coffee service and vending machine segments