Corporate Finance

Raisio has sold its confectionery business to Valeo Foods

Poppets owner to sell off confectionery business

By Gwen Ridler

Finnish food group Raisio, owner of the Poppets and Fox’s Glacier Mints brands, has sold its confectionery business to Ireland-based Valeo Foods in a deal worth €100M (£88.6M).

Unilever boss Paul Polman urged the government to review takeover rules

Unilever boss calls for takeover review

By Rick Pendrous

Unilever chief executive Paul Polman’s call for the next UK government to review the UK’s ‘overly liberal takeover rules’ in the wake of the failed £115bn bid for his company from Kraft Heinz, has found some support among food and drink finance experts.

Uren provides ingredients including fruit and vegetables to food manufacturers in more than 30 countries

Management takes over natural ingredients firm

By Rod Addy

Uren Food Group has undergone a management buyout (MBO), ending more than a century of family ownership for the natural ingredients firm, which is based at Neston, Wirral.

Unite wants to meet Weetabix's new owners to seek assurances about the job security of its members

Unite seeks jobs promise after Weetabix deal

By Mike Stones

Unite the union is seeking assurances about the job security of 100 of its members who work at the Northamptonshire-based cereal manufacturer, Weetabix after the Chinese firm, Bright Food acquired a 60% stake in the firm.

Mergers take over

Mergers take over

There will be continued consolidation in the food industry this year, but reduced access to finance means a growing proportion of firms may opt for...

Managers buy TSC

Managers buy TSC

A management team at sauces and soups manufacturer TSC Foods, led by md Brian Dahl and finance director Bill Morran, has acquired the company from...

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