Mars Inc. plans to purchase British chocolate retailer Hotel Chocolat for £534m. Although under Mars initial focus will remain on the UK market, both parties have hinted to potential international expansion.
The bakery market is remaining resilient in the face of continued market pressures, as merger and acquisition (M&A) activity remains strong in 2023, Craig Gibson, managing director at TM Capital, shared during an International Dairy Deli Bakery Association...
Research by financial advisory firm Oghma Partners reveals an uptick in mergers and acquisitions in the UK food and beverage sector in 2023’s second tertial (period of four months) being the highest since 2019. But there were fewer large deals, indicating...
Looking at the first four months of 2023, the volume of M&A deals in the UK’s food and beverage sector has increased, but deal value was low: more than 80% had a value of £10m (€11.62m) or less.
McCain Foods has acquired Netherlands-based Scelta Products in a deal the frozen potato giant says will strengthen its position in prepared frozen appetisers. FoodNavigator hears more.
Griffith Foods has agreed to acquire UK ingredient supplier The Flavourworks in a move that European chief Wim van Roekel tells us is ‘a fantastic fit’ as the group works to double its sales and triple its bottom line.
Canadian dairy company Saputo Inc. has announced two acquisitions, one in the dairy alternatives space and the other in value-added ingredients, at a cost of around C$187m (US$154m).
Nactarome, an ingredient supplier majority-owned by private equity investor Ambienta, has completed its fourth bolt-on acquisition in three years with a deal to take control of the UK’s TasteConnection. FoodNavigator hears from Hans Udo Wenzel, Nactarome's...
LIVEKINDLY Collective, which owns a growing stable of vegan brands, has acquired the No Meat business from UK retailer Iceland Foods. We caught up with the group’s management to learn more about its growth ambitions.
Axereal’s malt subsidiary Boortmalt has doubled its capacity to 3m tons annually through this acquisition and now boasts 27 malting facilities on five continents.
Shortly after releasing its 2019 fiscal year earnings, the soup and snack company said it would sell UK-based Kettle Foods and Netherlands-based Yellow Chips to a private equity firm.
Aroma AB, a nearly 100-year-old company based in Stockholm, acquired Dals Konfektyr, which makes chocolate, toffees and jellies, for an undisclosed amount.
Natural ingredients supplier Döhler Group is strengthening its presence in the European fruit concentrates market with the acquisition of Spanish fruit processor Zumos Catalano Aragoneses (Zucasa).
Orkla Foods Danmark A/S is continuing is momentous acquisition surge with the procurement of bakery ingredients supplier Zeelandia Sweden AB from Dutch firm Koninklijke Zeelandia Groep B.V.
Wessanen has urged its existing shareholders to accept a takeover bid from an investment consortium. The group – which focuses on healthy and organic products – has seen its sales struggle of late. But this latest development signals confidence in the...
