Independent Scotch whisky and spirits distiller William Grant & Sons has increased operating profit by 8.8% to £103.6m on turnover up 40.1% to £838.3m for its 2009 financial year. Pre-tax
Tag "acquisition"
Swiss and international speciality bakery group Aryzta has successfully raised SFr325m (Eur242m) to principally fund the acquisition of the remaining 50% share of its Maidstone Bakery joint venture in North
69% of senior executives at UK-based food and beverage producers expect M&A activity to increase in the next 12 months, according to a report by Grant Thornton UK LLP which
Unilever is acquiring EVGA’s Greek ice cream brands (including Scandal, Variete and Karabola) and distribution network for an undisclosed amount. EVGA, which helped pioneer the Greek ice cream industry, will
Poland-based Morpol, which is one of the world’s leading salmon processors, has expanded its UK operations with the acquisition of Brookside Products for less than £1m. Based in Cumbria, Brookside
Unilever is strengthening its personal care business by acquiring US-based Alberto Culver Company for $3.7b in cash. Alberto Culver generated sales approaching $1.6b and EBITDA of over $250m for the
Graham’s, Scotland’s leading independent dairy company, is acquiring Claymore Dairies for an undisclosed price. Claymore Dairies was sold earlier this year by Arla Foods and North Milk Co-op to a
SnackTime, one of the UK’s largest national operators of snack and chilled drink vending machines, has acquired Vendia UK for a maximum consideration of £10.98m. Vendia UK’s core operation is
Atlantic Grupa, Croatia’s biggest food and healthcare company, is focusing on integrating its recent acquisition of Droga Kolinska, the largest branded food company in Slovenia. The Eur382m deal created one
Italian drinks producer Gruppo Campari is acquiring the Carolans, Frangelico and Irish Mist brands from William Grant & Sons, the Scotch whisky distiller. The acquisition reinforces Campari’s position as a
Global ingredients, flavours and consumer foods manufacturer Kerry Group has had its Eur33m offer for Newmarket Co-operative Creameries, the Irish cheese producer, accepted. Located in North Cork, Newmarket Co-operative has
Origin Enterprises, the Irish agri-nutrition and food business, and private equity firm CapVest have joined forces to create Valeo Foods Group, a new Eur200m turnover Irish consumer foods company. Valeo
Premium spirits business and independent Scottish family distiller, William Grant & Sons, has established its new global marketing office in Dublin. Employing 17 people, this office will manage the entire
The French Competition Commission has approved dairy group Sodiaal’s acquisition of Entremont Alliance, the loss making French cheese producer. The deal will create the fourth largest dairy group in Europe
Helped by rising international sales, Swiss dairy group Emmi has increased net profit by 21.5% to SFr39.9m (Eur31m) on sales down by 0.5% to SFr1.27b for the first half of
Global brewer Heineken has produced a strong first half performance but remains cautious on the development of beer consumption in Europe and the US due to continued weak consumer spending
The European Commission has cleared the proposed acquisition by the French group Lactalis of Spanish group Ebro Puleva’s dairy business. The Commission concluded that the transaction would not significantly impede
Swiss cheese producer Emmi has expanded its international business with the acquisition of US cheese specialist Cypress Grove Chevre. Based in California, Cypress Grove is well known in the US
The European Commission has cleared the proposed acquisition of Weyl by Vion, two Dutch producers of meat products. The Commission concluded that the transaction would not significantly impede effective competition
Danone has acquired Immedia, the third largest smoothie manufacturer in France, for an undisclosed sum. Immedia generated sales of Eur4m last year.
Netherlands-based Refresco, Europe’s leading manufacturer of private label soft drinks and fruit juices, is to acquire Soft Drinks International, a German producer of soft drinks and water, for an undisclosed
International speciality bakery group Aryzta is acquiring Tim Horton’s 50% share in Maidstone Bakeries, a Canadian joint venture between Aryzta
Danone has agreed to sell its 18.4% stake in Wimm-Bill-Dann Foods to the Russian food group for a total consideration
Kerry Group, the international ingredients, flavours and consumer foods group, has confirmed the terms of its offer to acquire Irish
UK convenience foods producer Northern Foods has agreed to sell Dalepak Frozen Foods to the Irish Food Processors Group, one
Private equity group CVC Capital Partners is acquiring a majority stake in Autobar Group from Charterhouse Capital Partners, which will
The acquisition of Cadbury has helped Kraft Foods to report higher than expected second quarter profit despite a decline in
Belgian brewer Duvel Moortgat is expanding its portfolio of speciality beers with the acquisition of Antwerp-based Brouwerij De Koninck for
Nestle has completed the acquisition of Vitaflo, a Liverpool-based global provider of clinical nutritional products which has enjoyed double-digit growth
French and international dairy group Lactalis has extended its UK interests with the acquisition of Rachel’s Organic, the Welsh company
Morrisons, the UK’s fourth largest supermarket group, has expanded its manufacturing division with the acquisition of Simply Fresh Foods, a
The European Bank for Reconstruction and Development (EBRD) is supporting regional corporate consolidation in south-eastern Europe and the development of
Unilever is selling its Italian frozen food business, Findus Italy, to Birds Eye Iglo, which is owned by private equity
Greencore Group is selling its Netherlands-based convenience foods business, Greencore Continental, to Convenience Foods Europe, a subsidiary of Parcom Buy
French spirits group La Martiniquaise is reported to be the only bidder left for Belvedere’s Marie Brizard liqueur brand following
Aryzta, the Switzerland-based speciality bakery group with operations in Europe, North America, South East Asia and Australia, has received all
Cott Corporation, the world’s largest retailer brand soft drinks company, is acquiring Cliffstar Corporation, the leading private label manufacturer of
Warsaw-based Central European Distribution Corporation (CEDC), the world’s largest vodka producer with annual sales exceeding 270m litres, has decided not
Kraft Foods is selling its Cadbury’s Kandia-Excelent chocolate, soft cake and sugar confectionery business in Romania to Oryxa Capital, an
Tate & Lyle is selling its EU sugar refining operations to American Sugar Refining, the largest cane sugar refiner in
US-based Newly Weds Foods, the producer of food coatings, seasonings and functional ingredients for the food processing and food service
In line with its international expansion strategy, Lantmannen Unibake, , which is one of Europe’s leading frozen bakery products suppliers,
US-based natural and organic products company Hain Celestial Group has acquired Churchill Food Products, a manufacturer and distributor of food-to-go
Global food giant Danone is to merge its fresh dairy products business in the CIS area with Unimilk, Russia’s second
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