Swiss food giant Nestle and Britain’s R&R Ice Cream have completed establishing a joint venture Froneri to combine their activities in ice cream, frozen food and chilled dairy. The joint venture will integrate both the ...
Tags: Nestle, R&R Ice Cream, Froneri
PAI Partners, the Paris-based private equity firm that acquired Europe's largest outdoor retailer in February, is considering acquiring U.K. Trek and Specialized dealer Evans Cycles from a British PE firm, The Telegraph reported March 27. ...
Earlier in December 2014, Australian Food News reported that food manufacturing was one of four manufacturing sub-sectors to expand in November 2014, according to the Australian Industry Group Australian Performance of Manufacturing Index ...
Tags: Food, Beverage, Agriculture
Turkey’s Yildiz Holding has signed a deal to acquire UK-based cookie firm United Biscuits, the maker of Jaffa Cakes and Jacob Crackers, as part of its strategy to expand into new markets. Once the deal is closed, the Turkish firm ...
Tags: United Biscuits, Turkish firm, Agriculture
French private equity firm PAI Partners has agreed to acquire Europe's leading private-label ice cream maker R&R Ice Cream from Oaktree Capital in a deal worth EUR850m. The acquisition is the first purchase in the food industry for PAI ...
Tags: R&R Ice Cream, Food
There were, despite continued economic uncertainty in many Western markets and concerns over slowing growth in the East, signs that M&A activity rebounded in the food sector this year. Data for the whole of 2012 has not yet been published ...
Tags: European M&A advisors, food sector, Food
Nick Bunker, the head of Kraft Foods' businesses in the UK and Ireland, is to become CEO of United Biscuits recently-separated snacks unit. United Biscuits said today (6 August) Bunker would become chief executive of KP Snacks on 1 ...
Tags: Nick Bunker, snacks unit, Kraft Foods, United Biscuits
Intersnack has reached a deal to acquire the snack unit of United Biscuits for an undisclosed sum. The privately-held German snack group will take control of KP Snacks, the UK's second-largest snack business with an annual turnover of ...
Tags: undisclosed sum, snack group, KP Snacks
German snack firm Intersnack has agreed to acquire UK-based United Biscuits' (UB) snacks division, KP Snacks, from its private equity owners Blackstone and PAI Partners. This move is a part of the Intersnack's strategy to strengthen its ...
Tags: Intersnack, snack, snack business, food industry
Chinese food and beverage firm Wahaha is in a leading position to acquire United Biscuits' snacks business, KP Snacks, for £520m. This move comes after the owners of United Biscuits, US private equity firm Blackstone and the French ...
Tags: food and beverage firm, leading position, snacks business
UK-based United Biscuits has completed the separation of snacks division from the rest of the operations, as a part of its plan to sell the company in parts. To lead the snacks division, United Biscuits has appointed the current president ...
Tags: snacks division, biscuits and cakes, domestic and international markets
Dairy Crest has received a binding offer for its French branded spread business St Hubert from Montagu Private Equity. Montagu,one of the firms originally reported to have shown an interest in acquiring the firm,is offering a ...
Tags: debt, St Hubert, acquisition, shareholders