Since Nomad Holdings announced it had acquired European frozen food firm Iglo Group, the market has been waiting for the investment firm's n...
Bakery giant Aryzta got the market speculating over its next move when, just a week ago, it announced plans to sell shares in Ireland-based...
State-backed Chinese food giant Bright Food Co. continued to make progress with its "go global, bring in" ambition when it acquired a majority stake in Italian olive oil manufacturer Salov Group last week. The move is typical of Bright's international strategy as the group continues to further its agenda to grow globally and bring overseas brands to Chinese consumers. Katy Askew reports.
Del Monte Foods is said to be looking to offload its canned food business. Such a deal may not come as a surprise to industry observers given the increasing competition it faces in North America and its focus on pet food but Michelle Russell takes a look at why it might look to divest the unit and who might buy
There were, despite continued economic uncertainty in many Western markets and concerns over slowing growth in the East, signs that M&A activity rebounded in the food sector this year. However, a look at just-food's M&A coverage this year shows there have been few big-ticket, transformational deals.
Investment bank Rothschild has reportedly been hired by Swiss bakery group Aryzta and private-equity firm Lion Capital to advise on the future of Picard, the France-based frozen food retailer in which the two companies are investors.
Private-equity firm Lion Capital has acquired a majority stake in UK-based sports nutrition start-up Grenade Holdings from Grovepoint Capital and Grenade's founders, in a transaction that values the business at GBP72m (US$87.8m).
The US shelf-stable seafood market is "not functioning competitively", the country's Department of Justice has said, arguing Thai Union Group's planned move to buy Bumble Bee Foods would have exacerbated the situation.
Thai Union Group's planned acquisition of US seafood canner Bumble Bee Foods has been terminated with the company believing it will be unlikely to get regulatory clearance for the deal.
Thai Union Frozen Products is reportedly weighing up whether to cut its stake in US tuna brand, Chicken of the Sea, to facilitate its planned acquisition of another seafood business in the country, Bumble Bee Seafoods.
Nomad Foods, the new owner of frozen food business Iglo Group, is set to expand its business in the sector with a deal to acquire Findus Group assets in Europe.
Nomad Holdings, the investment vehicle that recently snapped up Iglo Group, confirmed it is in “exclusive” negotiations over a purchase of Findus Group's continental European assets.
Baring Private Equity Asia has struck a deal to buy 40% of UK-based cereal group Weetabix.
Weetabix could be set for a new private-equity investor, with claims Baring Private Equity Asia is to buy 40% of the UK-based cereal group.
Swiss food business Aryzta is in talks to buy 49% of French frozen food retailer Picard from private-equity group Lion Capital.
Findus Group today (20 January) insisted there is "no sale process underway" for its UK business after speculation its shareholders are preparing to sell its business in the country.
Brazil-based food giant Marfrig announced the surprise resignation of CEO Sergio Rial this week after just a year in the position. Another chief executive is to go at UK retailer Morrisons, with its board believing its best chance to return to growth is without Dalton Philips.
UK dairy co-operative First Milk was this week forced to come out and calm fears over its financial position after announcing it would delay payments to farmers. Staying in the UK, Morrisons announced chief executive Dalton Philips would leave as the UK grocer battles to reignite sales. And Brazil-based food giant Marfrig revealed its CEO had resigned from the business.
US-based seafood group Bumble Bee Foods is to look again at plans to build a processing facility on the Pacific island of Samoa.
Days before Christmas came one of the more notable deals of recent months with Thai seafood giant Thai Union Frozen swooping for US group Bumble Bee Foods. In the US, ConAgra Foods wrote down the value of its own-label arm and Kraft Foods Group announced a new CEO. Elsewhere, Australian retailer Coles admitted payments it demanded from suppliers broke competition law and we interviewed the CEO of Groupe Doux, the French poultry group getting itself back on a firmer footing a year after emerging from administration.
Thai Union Frozen Products has struck a deal to buy US canned seafood supplier Bumble Bee Foods from private-equity firm Lion Capital for US$1.51bn.
China's Bright Food Co. is reportedly targeting listings of UK breakfast cereal business Weetabix and Australian food group Manassen Foods in the next two years.
Japanese conglomerate Mitsubishi Corp. has declined to comment on speculation it has joined the race for the takeover for US canned tuna giant Bumble Bee Foods.
Chinese food giant Bright Food is reportedly preparing to take full control of UK cereal business Weetabix.
US food group Post Holdings and tuna giant Thai Union Frozen have reportedly both indicated their interest in buying US canned seafood group Bumble Bee Foods.
Private-equity group Lion Capital is reportedly setting out plans to run an auction for US-based canned seafood processor Bumble Bee Foods.
Bright Food, the Chinese food group that owns a controlling stake in UK cereal maker Weetabix, is understood to have confirmed its interest in listing the business.
Dutch snacks firm Ad van Geloven is set for a new majority shareholder after The European Commission cleared a move from private-equity firm Avedon Capital Partners to buy a controlling stake in the firm.
Retailers in Norway, Belgium and Switzerland have become the latest to pull products from shelves amid concerns their lines could contain horsemeat.
Two Dutch supermarket chains have become the latest European retailers to pull frozen lasagnes from shelves amid concerns the lines could contain horse meat.
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