Heineken has reached another important milestone in Mexico, the world’s fourth largest beer profit pool and a market that is expected to show ongoing incremental volume growth in the coming
Tag "acquisition"
Greencore has announced that it does not intend to make a revised offer for Northern Foods. Greencore had initially proposed an all-share merger of equals between two of the leading
Following completion of its £205m acquisition the meat-free business of Premier Foods, Exponent Private Equity has announced the creation of a new international food company, Quorn Foods. Headquartered in Stokesley,
Boparan Holdings, headed by chicken business entrepreneur Ranjit Singh Boparan, now controls more than a third of Northern Foods, the leading UK convenience food group. On January 21st 2011, Boparan
Chinese food conglomerate Bright Food Group is reported to be in pole position in the race to acquire PAI Partners’ 50% stake in Yoplait. Rivals for the shareholding in the
Blackpool-based Tangerine Confectionery, the largest British manufacturer of sugar confectionery and branded popcorn in the UK, is reported to be seeking a new private equity investor to help fund further
The fresh bread element of Gallagher’s Bakery in Ardara, County Donegal, has been saved from closure following its acquisition by managing director Declan Gallagher for an undisclosed amount. Declan Gallagher
Diageo has reached agreement to acquire Mey Icki, the leading spirits company in Turkey, for an enterprise value of £1.3b from investment firm TPG Capital and Actera. The transaction is
Blackpool-based Tangerine Confectionery, the largest British manufacturer of sugar confectionery and branded popcorn in the UK, has gained a top 20 place in the latest Sunday Times Deloitte Buyout Track
Raisio, the Finnish food and functional food ingredients group, increased net sales by 17.9% to Eur443.0m in 2010. EBIDTA fell from Eur37.5m (excluding one off items) in 2009 to Eur35.3m
Having achieved solid worldwide volume growth of 5%, Coca-Cola has reported a 3% increase in operating income to $8.4b for 2010 on net revenue ahead by 13% to $35.1b. Comparable
Premier Foods has agreed to sell its East Anglian canned grocery operations to Princes for £182m. The sale is in line with Premier’s strategy of reducing debt and follows the
Finnish food group Raisio has acquired UK-based Big Bear Group for Eur95.3m (£82.0m) to further its growth strategy of becoming the leading provider of healthy snacks in Europe. In the
Molson Coors (UK) has acquired Sharp’s Brewery including the Doom Bar brand for an undisclosed sum. Founded in 1994, Sharp’s Brewery is a modern brewer of cask conditioned beer based
In line with its retail expansion strategy and accelerating its repositioning toward food-driven outlets, British regional brewer and pub operator Greene King has completed the acquisition of Cloverleaf Restaurants for
Diageo, the world’s leading premium drinks business, has entered into a strategic partnership agreement with Halico, the largest domestic branded spirits producer in Vietnam. Diageo is acquiring a 23.6% stake
UK dairy co-operative Milk Link has acquired the Cornish Country Larder cheese business for an undisclosed sum in a deal that strengthens its position as a leading producer of British
PepsiCo has received Russian regulatory clearance for its acquisition of 66% of Wimm-Bill-Dann Foods, Russia’s leading branded food and beverage company, for $3.8b. The US-based soft drinks and snack foods
Fyffes, one of the largest tropical produce importers and distributors in Europe, has acquired 33.3% of Fruchtimport vanWylick, the German fresh produce distributor and service provider. VanWylick is one of
The sale of the Northumberland Foods factory at Amble by the administrators to Newcastle-based frozen foods company Longbenton Foods has collapsed. Before falling into financial difficulties, Northumberland Foods was manufacturing
The world’s largest beef producer JBS Group of Brazil is reported to be preparing an offer of $21 a share for Sara Lee, which would value the US-based food and
Boparan Holdings, which is controlled by food business entrepreneur Ranjit Singh Boparan, has made a 73p a share offer for UK convenience food group Northern Foods. Boparan already owns a
Netherlands-based Refresco Group is acquiring Spumador, the largest producer of private label carbonated soft drinks and mineral water in Italy
Glanbia, the international nutritional ingredients and cheese group, is acquiring Bio-Engineered Supplements and Nutrition (BSN) for $144m (Eur108m) to strengthen
Glanbia, the international nutritional ingredients and cheese group, is expanding its Irish dairy business with the acquisition of the Limerick-based
Heineken has strengthened its platform for growth in Nigeria with the acquisition from the Sona Group of two businesses which
Cargill is expanding its cocoa and chocolate business in Europe through the acquisition of. KG Kakao Verarbeitung Berlin (KVB), an
Global science group DuPont is acquiring Danisco, the enzyme and specialty food ingredients company, for $5.8b in cash and the
Wimm-Bill-Dann Foods, the largest manufacturer of dairy products and a leading producer of juices and beverages in Russia, is continuing
Seafood Holdings, which specialises in producing and distributing fresh fish to the food service industry in the UK, has been
Food industry entrepreneur Ranjit Singh Boparan, who is head of the 2 Sisters Food Group, one of Europe’s leading poultry
The UK Office of Fairy Trading has cleared the proposed acquisition by Dale Farm of the fresh liquid milk business
India-based Tata Chemicals has entered the UK food market with the £93m acquisition of British Salt, Britain’s leading manufacturer of
Young & Co, the British regional brewer and pub operator, has expanded its managed pub estate with the acquisition of
GlaxoSmithKline is acquiring Maxinutrition, a UK company that manufactures protein-enhanced functional nutrition products, from Darwin Private Equity for £162m, including
UK and Irish convenience food processor Greencore Group is extending its chilled prepared foods business in the US with the
Food industry entrepreneur Ranjit Singh Boparan, who is head of the 2 Sisters Food Group, one of Europe’s leading poultry
Continued market share gains in Great Britain, a successful innovation programme and further expansion into continental Europe, were behind an
Swiss dairy company Emmi is acquiring the Le Petit Chevrier brand from Fromagerie Bettex for an undisclosed sum to expand
PepsiCo is acquiring a 66% stake in Wimm-Bill-Dann Foods, Russia’s leading branded food and beverages company, for $3.8b, pending the
UK frozen desserts manufacturer Polestar Foods has been sold to Privet Capital, the turnaround investor, for an undisclosed sum. Privet’s
The biggest private equity food deal this year has been agreed with a consortium led by Kohlberg Kravis Roberts, Vestar
SABMiller, one of the world’s largest brewers, has acquired Cerveceria Argentina SA Isenbeck (CASA Isenbeck), the third largest brewer in
Atlantic Grupa, Croatia’s biggest food and healthcare company, has successfully completed its acquisition of Droga Kolinska, the largest branded food
Danone is acquiring YoCream, the leading producer of frozen yoghurt in the United States, for $103m. The deal will enable
Diageo, the world’s largest spirits group, is holding talks with Industrias Licoreras de Guatemala with a view to acquiring a
Private equity firm PAI Partners and French dairy co-operative Sodiaal have rejected a Eur1.4b bid to buy Yoplait from Lactalis.
McCormick & Company, a global leader in spices, seasonings, specialty foods and flavours, has expanded its interests in India and
Diageo has strengthened its beer business in emerging markets after its East African Breweries subsidiary acquired a 51% stake in
Danone has finalised the sale of its 18.4% stake in Wimm Bill Dann Foods, the Russian dairy and food group
The exclusive talks to acquire United Biscuits, the British and international biscuits and snacks manufacturer, between its owners and Chinese
The European Commission has cleared the proposed acquisition of a 74% controlling stake in Frisch & Frost (F&F), a producer
German dairy company, ODW Frischprodukte, a subsidiary of Odenwald Fruchte, is acquiring the FrieslandCampina site at Elsterwerda in Germany. In
Spanish food group Ebro Foods is in negotiations to acquire Australian rice producer SunRice for an enterprise value of A$600m
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