All Mergers and acquisitions articles – Page 10
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NewsDanone doubles down in kefir with $280m offer for Lifeway Foods
The offer follows the French multinational’s expansion into the kefir market in the UK
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NewsKitwave Group acquires Creed Foodservice for £60m
The family-owned wholesaler will join Kitwave’s foodservice division
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Analysis & FeaturesWhy is Unilever selling its ice cream business?
Unilever wants to spin off its £7bn-sales global ice cream business. Why? Who wants to buy it? And will it work?
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NewsWilton London brand rescued from liquidation by Boomerang Media
Wilton’s staff were notified the business had called in liquidators via email last month
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NewsThe Famous Grouse set to change hands as Edrington agrees sale to William Grant & Sons
The UK’s largest scotch whisky is on the move
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News£4.2bn Pilgrim’s Europe operation sees ‘return to growth’ in latest accounts
The business began integrating Pilgrim’s UK, Moy Park and Pilgrim’s Food Masters under one banner last year
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NewsAgroberries acquires BerryWorld to become second largest berry company
The combined company will commercialise approximately 150,000 tonnes of blueberries, strawberries, raspberries and blackberries per year
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NewsHero Group outlines big expansion plans for Deliciously Ella
Hero CEO Rob Versloot told The Grocer he had also identified significant headroom to grow distribution in the UK in Tesco and Sainsbury’s, where the brand already has a presence, and in Asda, where listings are more limited
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NewsCMA to probe Arla Foods Ingredients deal for Volac whey business
Arla’s ingredients division is hoping to transform the site into a global production hub
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NewsStuart Rose-led team to replace Mohsin Issa at helm of Asda
Rose, the former Marks & Spencer boss who became Asda chairman in 2021, will run Asda alongside Rob Hattrell, a partner at joint owner TDR Capital
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NewsTHG shares crash again as Ingenuity demerger plans revealed
Shares in THG have plunged today, as a warning that profits would be at the low end of forecasts took the shine off plans to split the e-commerce giant into two separate companies
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NewsCampari buys stake in Bunnahabhain whisky brand owner CVH Spirits
CVH Spirits also owns scotch whisky brands Tobermory, Deanston and Black Bottle
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NewsCity snapshot: THG explores Ingenuity demerger
Ecommerce giant THG is weighing up a demerger of its Ingenuity platform to help strengthen its balance sheet and reinvigorate the embattled stock. Plus, Mcbride reports full-year results, with better-than-expected profits
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NewsDeliciously Ella to supercharge growth as Hero Group acquires plant-based food brand
Founders Ella Mills and husband Matthew, who is CEO at the healthy snacking brand, will remain with the company under the new owners to lead the next stage of growth
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NewsMash Gang acquired by alcohol-free beverage group DioniLife
Mash Gang’s beers include Chug IPA and Stoop lager
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NewsCity snapshot: General Mills offloads North American yoghurt operations to Lactalis and Sodiaal
General Mills has agreed to sell its North American yoghurt business to French dairies Lactalis and Sodiaal for $2.1bn (£1.6bn). Plus, agricultural supplies group Wynnstay appoints new CEO
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NewsFreshways snaps up Pembrokeshire milk processor Totally Welsh Dairy
The deal will see Freshways use Totally Welsh’s new glass bottling plant to supply its doorstep delivery service
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NewsPlant-Ex Ingredients secures seven-figure investment from BGF for international expansion
The investment – in return for a minority stake – will help underpin significant international growth for the Bristol-based business, with a particular focus on the US market
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NewsValeo Foods strikes ‘transformative acquisition’ to buy sweet treats maker IDC Holding
Valeo Foods has snapped up a confectionery and biscuits producer in Slovakia as part of the group’s ambitions to become a major player in the European sweet treats market
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NewsCMA opens investigation into Carlsberg’s £3.3bn Britvic takeover
The CMA is inviting comments on the deal from companies and organisations with knowledge of the drinks industry before deciding whether to launch a formal Phase 1 merger inquiry