UK-based private-label ice cream maker R&R Ice Cream has acquired Italian ice cream manufacturer Eskigel. The acquisition, for around EUR77m (US$94.5m), will give R&R an "immediate and major" presence in Europe's largest ice cream ...
Tags: acquisition, R and R, Eskigel, ice cream
Ralcorp Holdings has acquired Italian private-label frozen ready meals maker Gelit for an undisclosed sum. Gelit, based in Cisterna di Latina, employs around 130 staff and produces frozen ready meals for sale in the US and Italy. The ...
Tags: Ralcorp Holdings, frozen ready meals, food industry, company news
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
A management buy-in has saved a struggling meat processing firm in Yorkshire and preserved 100 jobs. Yorkshire Premier Meats in South Kirby now has a secure future and the management team has stabilised the business. The plant prepares ...
Transatlantic Holdings(TransRe),a New York-based subsidiary of Alleghany Corporation,has acquired a minority stake in Bermuda-based insurance asset manager,Pillar Capital. The company also confirmed a multiple-year commitment to invest in ...
Tags: Transatlantic Holdings, Alleghany, insurance
As a former president of Corporate Express in the US, Jay Mutschler appreciated the value and potential of the company's Australian and New Zealand business, which was respected for its strong profits and high growth levels. When the ...
Tags: Corporate Express, strong profits, high growth levels, Staples
The global manufacturer and marketer of branded and private label apparel products for men,women and children,said that it has agreed to acquire the trademarks of LittleMissMatched. Founded in 2003 as a line of non-matching socks sold in ...
Tags: LittleMissMatched, private label apparel, iconic lifestyle brand
BWAY Corp., a supplier of rigid containers, is acquiring Ropak Packaging, a rigid container manufacturer currently owned by the LINPAC Group. "Ropak is known for innovative products and exceptional customer service," according to Kenneth ...
Tags: BWAY Corp, acquire, Ropak, rigid container, injection molding, cleanroom
Boss steps aside as company faces battle for smartphone supremacy Intel CEO Paul Otellini has announced he will be retiring from the company in May next year, ending a 40-year association with the chip maker. The company will be ...
Tags: Intel, Paul Otellini, PC and laptop, software business
The acquisition will expand Avnet's suite of applications in high-growth technologies in EMEA Region Electronic components, connectors and technology applications provider Avnet has agreed to acquire the Magirus Group, a pan-European ...
Tags: acquisition, applications in high-growth technologies, expansion
It's rare that a complex evolution leads to an effective solution,yet the China Broadcasting Performing Arts Group(CBPAG)has forged a laudable reputation,both at home and further afield.CBPAG did much to further the value of Chinese live ...
Tags: D&B, CBPAG, Chinese live arts, PA system
TA Associates private equity firm has signed an agreement to acquire a 30% stake in Zadig & Voltaire, one of the most successful French brands in the new luxury ready- to-wear market. Zadig & Voltaire represents TA's third investment in ...
Tags: boutiques, cashmere, childrenswear, knitwear, luxury, ready-to-wear market
UK confectionery wholesaler Hancocks Group has been sold in a management buy-out backed by H2 Equity Partners. The private-equity firm said it plans to "build on Hancocks' strong position in the market to take the company forward in the ...
Tags: Hancocks, depot network, management buy-out
UK retailer The Co-operative Group has added to its food management team with the appointment of executives from Tesco and Asda. Matt Hood will join the Co-op next month as head of commercial trading for dairy, chilled prepared foods and ...
The Individualized Apparel Group's purchase of Canadian based Coppley from HMX was finalized on Wednesday November 21 for an undisclosed amount after court approval in both Canada and the US. "We are very excited about the addition of the ...
Tags: HMX, IAG, Coppley business, individualized apparel