All Mergers and acquisitions articles – Page 73
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News
Poundland offers Poundworld staff guaranteed job interviews
It has set up a dedicated email address for affected Poundworld workers to contact it about vacancies
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News
City snapshot: Coca-Cola mulls £3bn swoop for GSK’s Horlicks
Coca-Cola is reported to be one of the clutch of multinational fmcg firms lining up to bid for Horlicks after GlaxoSmithKline decided to sell the 145-year old business. Plus, packaging firm DS Smith posts strong rise in sales and profits, Heineken to invest £40m in UK pubs and all the rest of the latest news from the City.
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News
Sainsbury's letter promises suppliers great opportunities
Sainsbury’s letter to suppliers promises ‘opportunity to streamline’ and to develop differentiated product ranges
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News
Booths abandons sale plan in favour of driving recovery
The chain, which has 28 stores, appointed investment bank Rothschild in November to examine options including a sale
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News
Tayto expands again with buyout of The Real Pork Crackling Co
The Northern Irish snacking group has purchased the company from owner Chris Cunliffe for an undisclosed sum.
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News
MPs to grill Asda and Sainsbury's chiefs over merger plans
The supermarket bosses will appear before the Environment, Food and Rural Affairs Committee next Wednesday
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Comment & Opinion
Flurry of deals in petfood reflects category gentrification
Deals like Mars’ acquisition of AniCura show the gentrification of the petcare category has truly begun in earnest, says food & drink editor Daniel Selwood
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News
Poundworld collapses into administration
Talks with potential buyer RCapital collapsed over the weekend, putting around 5,100 jobs at risk
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Analysis & Features
William Jackson Food Group pledges to reinvest Aunt Bessie's cash
William Jackson Food Group has pledged to plough cash back into the business after agreeing a bumper £210m sale of its key Aunt Bessie’s brand to Birds Eye owner Nomad Foods
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News
Poundworld buys time with intention to appoint administrators
The process gives the chain 10 working days’ protection from creditors, after which an administrator will be appointed
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News
CMA launches phase one inquiry into MFG's takeover of MRH
The CMA’s decision on whether to wave the deal through or proceed to a more in-depth phase two inquiry is expected by 6 August.
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News
Prospective buyer of Poundworld reported to have withdrawn
Alteri Investors pulled out of negotiations within the last 24 hours, according to Sky News
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News
Tulip buys Netherlands-based bacon producer
Danish meat giant Tulip Food Company has agreed to acquire Dutch bacon producer Baconspecialist Zandbergen.
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News
Toilet and kitchen paper manufacturer WEPA buys private label supplier
Toilet paper and kitchen roll manufacturer WEPA has bought out its Northwood & WEPA joint venture
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News
Nomad agrees €240m deal to buy Aunt Bessie’s from William Jackson
Birds Eye owner Nomad Foods has announced it has agreed to buy frozen potato and Yorkshire puddings brand Aunt Bessie’s
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News
Nestlé acquires Welsh bottled water company Princes Gate
Nestlé Waters, which is known for its Buxton and Pure Life brands, has acquired a majority stake in Princes Gate Spring Water Ltd
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News
Soulmate Food bought out of administration by Kettlebell Kitchen
Online healthy food delivery company Soulmate Food has been bought out of administration by health food supplier Kettlebell Kitchen, saving around 20 jobs
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Analysis & Features
Pret a Manger takeover: what the £1.5bn JAB deal means
MCA executive director and ex-Pret senior operations manager Simon Stenning explains how JAB’s acquisition will affect the UK food-to-go chain
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News
Gressingham Foods buys Yorkshire Game in administration rescue deal
Wild meat producer Yorkshire Game has been bought by Gressingham Game after entering administration, saving 23 jobs
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News
Pret a Manger readies US push after £1.5bn JAB deal
The deal will see JAB assume control of Pret after a decade of ownership by private equity group Bridgepoint