Drools receives investment from L Catterton as they venture into India’s pet-food market
L Catterton, a US-based private equity firm, has recently acquired a minority stake in Drools Pet Food Private Limited, an Indian pet food company, for...
Category : Finance
CJ CheilJedang successfully seals production partnership in Australia
In a manufacturing contract announcement, South Korea-based food group CJ CheilJedang has secured a partnership to serve the Australian market. The partnership will enable CJ...
Idilia Foods’ plant-based assets acquired by Sanygran of Spain
Spanish plant-based manufacturer Sanygran Foods has completed the acquisition of Obrador Sorribas, the meat-free division of Idilia Foods. The undisclosed transaction grants Sanygran control over...
Verlinvest increases investment in Tony’s Chocolonely
Belgian investor Verlinvest has raised its ownership in ethical chocolate manufacturer Tony’s Chocolonely as part of a €20m ($21.8m) funding round from existing shareholders. The...
The Soho Sandwich Company is acquired by Around Noon
Around Noon, a rapidly growing food-to-go (FTG) manufacturer, has recently acquired a significant FTG business based in London. This acquisition has resulted in the formation...
Signs of Recovery Seen in M&A Activity within the UK Food & Beverage Industry
According to a new report from corporate finance house Oghma Partners, the UK Food and Beverage sector is showing signs of recovery. The report reveals...
A careful approach advised by ACS towards future wage rates.
The Association of Convenience Stores (ACS) has submitted a proposal to the Low Pay Commission, urging them to consider the unique challenges faced by local...
New report states investment required to satisfy consumer demand for alternative proteins.
A newly released report by NIRAS, the UK’s biggest food and beverage manufacturing consultancy, has indicated that additional funding for sustainable mass manufacturing processes is...
EG Group sells additional convenience stores to Asda
Asda Group has recently announced its acquisition of EG Group’s UK and Ireland business for an estimated value of £2.27 billion, marking another successful step...
Asda and EG UK merger worth £10bn almost finalised.
Asda is anticipated to take over EG UK in a structured deal that will increase the supermarket’s balance sheet debt, which currently sits at £4.7bn....