British charcuterie and smoked meat firms Rare & Pasture and Tempus have announced plans to merge their businesses in a move that will help expand production and boost sales for the two brands.
Arla Food Ingredients has acquired Volac’s Whey Nutrition business, with big plans to turn its Felinfach site in Wales into global centre for performance, health and food offerings.
The sale of big four supermarket Morrisons will move to auction this weekend, after potential buyers Fortress and Clayton, Dublier & Rice (CD&R) failed to make a final offer for the retailer.
A bidding war for big four supermarket Morrisons is likely to begin, after reports private equity firm Clayton, Dubilier & Rice (CD&R) is poised to launch a counter-bid for the business.
Morrisons’ largest shareholder has rejected the proposed £6.3bn Fortress offer for the supermarket chain, hoping to draw out a better deal from other parties.
2 Sisters Food Group owner Boparan Holdings has rescued restaurant chain the Gourmet Burger Kitchen (GBK) from administration from South African owner Famous Brands.
Dawn Meats is to take full control over its joint venture with Dunbia, following the announcement that chief executive Jim Dobson is to retire from Dunbia, 44 years after co-founding the company.
Last year, the UK’s food and beverage industry brought in a total disclosed deal value of more than double that seen in 2016, according to the latest research from financial adviser Grant Thornton UK.
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).
The acquisitions of sports nutrition firm Grenade and cereal brand Weetabix were two of the top five food and drink deals of 2017, featured in this photogallery, according to market analyst Catalyst Corporate Finance.
The poultry joint venture proposed by Cargill Chicken UK and Faccenda will lead to scrutiny of overhead costs, according to City analyst Shore Capital, as Unite the union offered a cautious welcome to the plan.
The Unite union has again urged Unilever to give urgent assurances over the future of its 200 spreads and margarines staff, following its April decision to sell the business.
Beechdean Group has acquired 50% of ice cream manufacturer Lovingtons, in a joint venture designed to grow investment and boost the manufacturing capabilities of the company.
A competitive environment and the increasing bargaining power of major retailers is putting food producers under growing pressure – which in turn is driving mergers and acquisitions (M&A) activity – a trade credit insurer has found.
The acquisition of turkey processor Bernard Matthews by 2 Sisters Food Group owner Ranjit Boparan is under investigation by the Competition and Markets Authority (CMA).
Food and drink sector mergers and acquisitions (M&A) climbed by 11% in the first quarter of this year, with 51 deals completed, according to business consultancy Grant Thornton.
The £71BN takeover of SABMiller by AB InBev is likely to result in further consolidation among the remaining brewers, a leading expert on large-scale mergers has claimed.
There has been a “changing of the guard” in the dairy sector as French firm Lactalis has overtaken Danone as the world’s second largest dairy company, according to Rabobank.
UK food and drink mergers and acquisitions (M&A) lost their fizz in the first four months of 2015, discounting major one-off transactions, according to financial advisory firm Oghma Partners’ latest review.
Finsbury Food Group, the cake, bread and bakery goods manufacturer, has posted pre-tax profits up by 95% to £4.1M for the six months to December 27 2014 – boosted by its acquisition of the Fletchers Group of Bakeries.
Senior food and drink manufacturing executives are preparing for the Business Leaders’ Forum (BLF) in central London tomorrow (January 20). The event – staged by the Food Manufacture Group – is a morning seminar for the sector’s leaders to discuss the...
More than £20.2bn was exchanged in food and drink business mergers and acquisitions (M&As) in 2014, according to figures from Catalyst Corporate Finance (CCF).
Noble Egg Innovations plans to invest £3M in its egg processing facilities now that its acquisition of Manton’s two factories at Gainsborough and Harrogate has been cleared by competition authorities.
The world’s major dairy companies faced stagnant sales growth and a decline in billion dollar deals, making it tougher to overtake the competition, according to financial services group Rabobank.
This year will be prove challenging for food and drink manufacturers, predicted Paul Wilkinson, chair of the Food Manufacture Group’s Business Leaders’ Forum.
“The key driver should be the future integration of the business to add value to the whole,” Ben Mercer, partner corporate with the law firm, told the Food Manufacture Group’s Business Leaders’ Forum in London last week.
Food industry mergers and acquisitions (M&A) are set to grow this year, with particular focus on mid-market activity in the UK, according to Ben Mercer, corporate partner with the law firm Stephenson Harwood.
A flurry of UK food industry mergers and acquisitions (M&A) could take place in 2014 as sales already underway conclude and large firms seek to boost their equity.
Food manufacturers are facing greatly increased audit costs, as a direct consequence of the horsemeat crisis, Richard Clothier, md of Wyke Farms, told the Business Leaders’ Forum earlier this month.
Improving domestic food safety was one of the main motivations of the Chinese government in acquiring food manufacturing businesses around the world, a lawyer for Stephenson Harwood told the Food Manufacture Group’s Business Leaders’ Forum.
