Meat packing firm Hilton Food Group has announced a new joint venture with Woolworths − Australia’s largest retailer − in its latest trading statement for the 52 weeks to December 30.
Mergers and acquisitions (M&A) in the UK food and drink manufacturing sector last year helped to set a three-year record for the UK economy, according to information services company Experian.
Irn Bru-maker AG Barr revealed a 4.9% increase in turnover to £130M for the six months to July 28, as city analysts underlined the strong case for a merger with Britvic.
Anyone concerned about the acquisition of Elephant Atta by Associated British Foods (ABF) is invited to contact the Office of Fair Trading (OFT) by July 30.
The growing power of large retailers is one of the five top challenges that will force consolidation in the frozen bakery industry, warns a new report from Rabobank Food and Agri Research.
The UK’s second biggest turkey producer Cranberry Foods has been acquired by leading poultry producer Faccenda, for an undisclosed sum, to form one of the country’s largest food manufacturers.
Growth in the food and drink industry will be driven by further mergers and acquisitions, reveals a survey of private equity and corporate firms in the UK and Ireland conducted by financial advisor Grant Thornton.
Globalised markets are as much a factor as reduced sales in merger and acquisition (M&A) activity among packaging equipment manufacturers and suppliers, according to the industry association for the sector.
Kerry Foods' acquisition of Headland Foods has been referred to the Competition Commission (CC) by the Office of Fair Trading (OFT) for further investigation after retail customers expressed concerns.
The Office of Fair Trading (OFT) is considering undertakings from Princes and Premier Foods to avert monopoly concerns about canned pie supply, which the body said would leave UK consumers with “extremely limited choices”.
Food sector M&A experts believe it is more likely that a trade buyer – rather than a private equity player – could bid for convenience food firm Uniq, after its board announced a "number of indications of interest from third parties" in...
The acquisition of National Starch appears to be off the agenda at Tate & Lyle, with the firm now "set to fall into enemy hands", according to analysts at Investec Securities.
