Blog: Booker gets green light for Makro buy
Katy Askew | 19 April 2013
The UK Competition Commission has unconditionally cleared the acquisition of Metro's UK business, Makro, by cash and carry operator Booker Group.??
Loss-making wholesaler Makro was sold by its German parent to Booker for GBP139.7m.
Booker has said that the deal will strengthen its presence across the country and the company expects to bring the business into the black as it integrates Makro into its store network.
In its final report, published today (19 April), the Competition Commission concluded that the merged company would continue to face sufficient competition from other wholesalers. ??
In a brief statement Booker Group welcomed the announcement.
Hain Celestial, under the scrutiny of the investment community in recent months and facing some challenges in its domestic market, has announced another shuffling of its management pack....
FrieslandCampina, which today served up higher profits but lower sales for 2016, is ready to offload the last non-dairy business owned by the Dutch cooperative giant....
To follow on from our earlier notice and after some hard work from our technical team, just-food is back live after today's power outage....
Much of the UK has felt the impact of Storm Doris today - and just-food's head office has been no exception....
- General Mills sales woes continue - analysis
- Comment: Meal kits in US - don't believe the hype
- Why personalisation will take-off in US food
- US food next wave on display at Winter Fancy Food
- Analysis: Chocolate sector's deforestation pledge
- Kraft Heinz cuts jobs in US, Canada
- Immigration crackdown "risk" for US dairy industry
- Fonterra cuts earnings forecast
- Unilever invests in Dutch meat substitute project
- General Mills books lower 9M sales and profits