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Tag "merger"

Cloetta and Leaf Merge to Become a Nordic Confectionery Leader

    Cloetta and Leaf Merge to Become a Nordic Confectionery Leader

Swedish confectionery companies Cloetta  and Leaf are being  merged. The combined company will take the well established name of Cloetta and become a leading Swedish confectionery company with a strong

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Arla Foods and Milko Hold Merger Talks

    Arla Foods and Milko Hold Merger Talks

The boards of Milko and Arla Foods are discussing a proposed merger of the two Scandinavian dairy co-operatives. Following an unsatisfactory profit performance in 2011 and in order to avoid

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DMK and Arla Foods to Invest €44 Million in Whey Processing Partnership

    DMK and Arla Foods to Invest €44 Million in Whey Processing Partnership

DMK (which is being created by the merger of Nordmilch and Humana) and Arla Foods will establish a 50/50 joint venture to process whey for the global food manufacturing industry.

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Agrana to Invest €56 Million in New Starch Factory

    Agrana to Invest €56 Million in New Starch Factory

Sugar, starch and fruit group Agrana is investing Eur56m in building a starch factory for the production of wheat starch and gluten at the site of its bioethanol plant in

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Greencore Withdraws From Battle For Northern Foods

    Greencore Withdraws From Battle For Northern Foods

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

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Hansa-Milch and Arla Foods to Merge

    Hansa-Milch and Arla Foods to Merge

Dairy co-operatives Arla Foods of Scandinavia and Hansa-Milch Mecklenburg-Holstein of Germany are set to merge. A merger plan put forward by the boards of the two companies has now been

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Boparan Now Holds 34% of Northern Foods as Offer Deadline Extended

    Boparan Now Holds 34% of Northern Foods as Offer Deadline Extended

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

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Orkla Brands Merges Russian Confectionery Companies

    Orkla Brands Merges Russian Confectionery Companies

Norway-based Orkla Brands has decided to merge its Russian chocolate and confectionery companies – Krupskaya and SladCo – into one entity named Orkla Brands Russia. The integration process has already

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Greencore Still Considering its Options on Northern Foods

    Greencore Still Considering its Options on Northern Foods

In response to recent press speculation about whether or not it will amend its offer for Northern Foods, the board of Greencore has confirmed that it is still considering its

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Boparan Increases Stake in Northern Foods to 11.4%

    Boparan Increases Stake in Northern Foods to 11.4%

Following its £342m bid for Northern Foods, Boparan Holdings has now increased its stake in the UK convenience food group from 6.6% to 11.4%. Boparan Holdings, which is controlled by

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Greencore Considers its Options

    Greencore Considers its Options

In response to the recommended cash offer by Boparan Holding for Northern Foods, the board of Greencore has announced that it continues to believe that a combination with Northern Foods

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Boparan Makes Late £342 Million Bid For Northern Foods

    Boparan Makes Late £342 Million Bid For Northern Foods

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

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Boparan Given Northern Foods Offer Deadline

    Boparan Given Northern Foods Offer Deadline

The British Panel on Takeovers and Mergers has ruled that Boparan Holdings, controlled by food business entrepreneur Ranjit Singh Boparan, must make an offer for Northern Foods or confirm that

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Boparan Considering £300m Hostile Bid For Northern Foods

    Boparan Considering £300m Hostile Bid For Northern Foods

Food industry entrepreneur Ranjit Singh Boparan, who is head of the 2 Sisters Food Group, one of Europe’s leading poultry processors, is reported to be planning a £300m hostile bid

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Arla Foods and Hansa-Milch Consider German Dairy Merger

    Arla Foods and Hansa-Milch Consider German Dairy Merger

Scandinavian dairy group Arla Foods and the Northern Germany-based Hansa-Milch are considering merging. Representatives of the two dairy co-operatives are already engaged in talks. A decision by the cooperative members

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Danone and Unimilk Finalise Merger

    Danone and Unimilk Finalise Merger

Danone and Unimilk have completed the merger of their fresh dairy products businesses in Russia and other CIS member countries. The new entity, controlled by Danone with a 58% equity

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Northern Foods and Greencore to Create £1.7 Billion Convenience Foods Giant

    Northern Foods and Greencore to Create £1.7 Billion Convenience Foods Giant

Northern Foods and Greencore, two of the UK’s leading convenience food processors, are to merge to create Essenta Foods, a £1.7b turnover business with strong positions in private label production

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Early Recovery in UK Food and Beverages to Boost M&A Activity

    Early Recovery in UK Food and Beverages to Boost M&A Activity

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

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German Dairy Merger Moves Closer

    German Dairy Merger Moves Closer

Nordmilch, Germany’s largest dairy group, is close to merging with fellow co-operative Humana Milchindustrie. The two German dairy co-operatives have already bundled their sales activities together to form Nord-Contor Milch.

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