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Both investors have declined to comment on a report by Reuters suggesting they are in the ‘early stages of exploring bids’.
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The CMA said Vandemoortele had notified the watchdog that it accepts the deal “may be expected to result in a substantial lessening of competition” for retail and foodservice customers in the UK.
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Moi Soi plans to use the proceeds to “deepen distribution” across trade and quick-commerce, and expand its portfolio.
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The Japanese group is “consolidating” its output of dairy products.
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Premier Foods’ plans for international growth “will be a combination of organic and probably inorganic”, CEO Alex Whitehouse said.
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In its judgement delivered today (14 May), the court found Coles made false or misleading representations about Down Down discounts.
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Abe’s Bagels joins a local ABF bakery range including Tip Top and Abbotts Bakery.
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The UK-based food-and-drinks group saw revenues rise 6% but reported a decline in domestic sales.
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