The recent acceleration in M&A activity within the food and beverage industry in the UK and Ireland is set to continue, according to business and financial advisor Grant Thornton. The
Tag "acquisitions"
FrieslandCampina is strengthening its position in South-East Europe with the acquisition of dairy companies Imlek and Mlekara Subotica, which both have operations in the Western Balkans. This is the Dutch
Greencore, one of the leading players in the UK convenience foods market, has increased revenue by 8.7% to £804.2 million, and by 4.3% on a like for like basis, for
Heineken has announced the successful closing of a new Revolving Credit Facility for an amount of Eur2b with a syndicate of 17 banks. The new multi-currency facility replaces Heineken’s existing
In line with its strategy of increasing exposure to emerging markets, Heineken is acquiring two breweries in Ethiopia, after being named the preferred bidder by the Ethiopian Government following a
Acquisitions, encouraging international growth and strict cost management have helped Emmi, the Swiss dairy group, to increase net profit by 14.3% to SFr86.1m (Eur67m) on net sales ahead by 2.5%
Kerry Group, the international ingredients, flavours and consumer foods manufacturer, increased revenue by 9.7% to Eur5.0b in 2010 and trading profit by 11.3% to Eur470m, resulting in an improvement of
Reporting growth across all regions and categories, Nestle achieved a 6.2% organic growth in 2010 group sales to SFr109.7b (Eur84.9b) with real internal growth of 4.6% and tripled net profits
Driven by gains across its worldwide snacks and beverage businesses, and from the acquisitions of its anchor bottlers earlier in the year, PepsiCo has reported a 34% surge in net
Despite the difficult trading environment, Swiss dairy group Emmi achieved sales slightly higher than expected due largely to the strong performance of its latest acquisitions and encouraging international growth. The
Worldwide beer consumption has increased by over 3% per annum during the last ten years and the top ten brewers now account for over 60% of global beer volume, compared
Valeo Foods Group has completed the simultaneous acquisitions of the branded food businesses of Origin Enterprises for an enterprise value of Eur78m and the Irish food company Batchelors for an
Dairy company Milkiland, which operates in the Ukraine and Russia but is registered in the Netherlands, has commenced its public offering of over 22% of its shares as it prepared
Dairy company Milkiland, which operates in the Ukraine and Russia but is registered in the Netherlands, is seeking to raise about $100m via an initial public offering of 20-25% of
Reflecting the impact of acquisitions and a return to volume growth of its Magners brand in Great Britain for the first time since 2007, Irish cider producer C&C Group has
Tangerine Confectionery, which is owned by private equity firm Growth Capital Partners, has called in investment bank NM Rothschild to advise it on options for raising capital, raising the prospect
Swiss and international speciality bakery group Aryzta has reported a 2.2% increase in operating profit (including associates and joint ventures) to Eur305m from underlying revenue up 8.6% to Eur3.01b. The
Tata Global Beverages of India, which owns the UK-based Tetley Tea business, is planning to move into food via acquisitions. The beverages group is reported to be considering raising funds
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