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"I want us to be the Red Bull of sports nutrition" - Grenade founder Alan Barratt on UK firm's rise and ambitions for further growth

31 Jul 2019

Andy Coyne speaks to Alan Barratt, CEO of UK sports nutrition business Grenade, about how branding and distribution have aided its move into the mainstream.

Karro owner CapVest adds Young's Seafood to "multi-protein" stable

2 Jul 2019

CapVest Partners has moved to create what it calls a "multi-protein food group" with the acquisition of a UK seafood major to add its pork-processing asset.

Jobs to go at factory in Scotland owned by Young's Seafood

25 Jan 2019

UK-based Young's Seafood is to reduce its workforce by 50 at one of its processing facilities, it has announced.

CapVest 'preferred buyer for Young's Seafood'

15 Oct 2018

Private-equity firm CapVest has reportedly emerged as the preferred buyer for UK-based Young's Seafood.

UK's Young’s Seafood confirms closure of Scottish site

1 Jun 2018

British frozen fish company Young's Seafood has confirmed its Pinneys site in Scotland will close.

US private-equity firm Sun Capital Partners 'eyeing Young's Seafood'

23 Apr 2018

Sun Capital Partners, a private-equity firm based in the US, has been linked with a possible bid for up-for-sale UK food company Young's Seafood.

UK sports nutrition deep-dive part one - what's fuelling the growth?

11 Apr 2018

In part one of a two part feature, Andy Coyne takes a close look at the drivers behind the rapid growth of the UK sports nutrition market.

Aryzta names former Glanbia exec Kevin Toland as CEO

19 May 2017

Switzerland-based bakery group Aryzta has appointed a former executive of Irish food group Glanbia, Kevin Toland, as CEO.

Aryzta coy on Picard amid share price jump

8 May 2017

Aryzta today (8 May) reiterated it is "evaluating" its stake in France-based frozen food retailer Picard after shares in the Swiss bakery group rose more than 6% on Friday amid speculation the company was close to selling its shareholding.

Aryzta, Lion Capital 'hire Rothschild to study Picard options'

27 Mar 2017

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.

Lion Capital invests in UK sports nutrition firm Grenade

7 Mar 2017

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).

US officials question competition in packaged seafood market

7 Dec 2015

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 calls off Bumble Bee sale 

4 Dec 2015

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 "mulling stake cut in Chicken of the Sea"

19 Aug 2015

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 strikes deal to buy Findus Europe assets

13 Aug 2015

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.

Deal or no deal: How Findus acquisition would benefit Nomad

4 Jun 2015

Since Nomad Holdings announced it had acquired European frozen food firm Iglo Group, the market has been waiting for the investment firm's next deal to help its ambition of building a portfolio of "best-in-class" FMCG brands. Nomad confirmed yesterday (4 June) it is in "exclusive" negotiations over the acquisition of assets of Findus Group. The acquisition would strengthen Iglo's hand in the European frozen food sector but, in order to seal the deal, Nomad could have to pay the piper, Katy Askew suggests.

Nomad in exclusive talks to buy Findus assets

3 Jun 2015

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.

Weetabix gets new private-equity investor

22 May 2015

Baring Private Equity Asia has struck a deal to buy 40% of UK-based cereal group Weetabix.

Weetabix linked to new private-equity investor

20 Apr 2015

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.

In the spotlight: Aryzta's surprise investment in French retailer Picard

1 Apr 2015

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 agribusiness Origin Enterprises. But what has been the reaction to its planned investment in French frozen food retailer Picard?

Aryzta in talks to buy 49% of French retailer Picard

31 Mar 2015

Swiss food business Aryzta is in talks to buy 49% of French frozen food retailer Picard from private-equity group Lion Capital.

Findus: "No sale process underway" in UK

20 Jan 2015

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.

Food industry news of the week: Marfrig, Morrisons, Cadbury

16 Jan 2015

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.

Food industry quotes of the week: First Milk, Morrisons, Marfrig

16 Jan 2015

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.

Thai Union deal prompts Bumble Bee to review Samoa plans

9 Jan 2015

US-based seafood group Bumble Bee Foods is to look again at plans to build a processing facility on the Pacific island of Samoa.

Food industry news of the week: Bumble Bee, ConAgra, Kraft

22 Dec 2014

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 to buy US seafood firm Bumble Bee

19 Dec 2014

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.

Bright Food "eyes 2016 listings for Weetabix, Manassen"

6 Nov 2014

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.

Mitsubishi coy over Bumble Bee Foods link

14 Oct 2014

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.

BRICs and beyond: How Bright Food is furthering its international strategy

14 Oct 2014

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.

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