Mitsubishi pulls offer to raise Thai Union stake
Thai Union Group said a bid by Japanese conglomerate Mitsubishi Corp. to increase its stake in the seafood giant has…
Mitsubishi Corp.
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Mitsubishi strikes “business alliance” with Thai Union
Japanese conglomerate Mitsubishi Corp. today (4 August) announced a tie-up with Thai Union Group – and plans to up its stake…
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Cermaq buys three salmon plants from Norway peer Grieg Seafood
Cermaq plans to acquire three salmon processing facilities from Norwegian peer Grieg Seafood for Nkr10.2bn ($988.6m). The purchase of the…
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UK food and beverage M&A deals “up 29% in 2024”, study says
The number of M&A deals in the UK food and beverage sector soared by 29% in 2024, according to a…
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What’s next for Princes after Newlat deal?
Italy-based Newlat has finally struck a deal to buy Princes, the UK food-and-beverage business it had been eyeing for months.…
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Newlat inks deal to buy Princes from Mitsubishi
Italy-based Newlat Food has struck a deal to acquire UK food-and-drinks company Princes from Japan’s Mitsubishi Corp. for £700m ($893.6m).…
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UK’s Princes appoints new CEO
UK food and drinks producer Princes Group has picked deputy managing director Simon Harrison as its new CEO. Harrison has…
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Newlat halts talks to buy Princes
Newlat, the Italy-based food manufacturer, has halted negotiations to buy UK tinned fish and beverage business Princes after seeing its…
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Red Sea crisis fuels container rates, UK food inflation still high – the week in data
Alongside our daily news coverage, features and interviews, the Just Food team sifts through the week’s most intriguing data sets to bring you a round-up of the…
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Princes swings into red amid impairment, higher costs
Princes, the UK food and drinks supplier that has been the subject of takeover interest, moved into the red in…