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
German fruit processing company Zentis has announced the acquisition of Sweet Ovations, a US-based producer of sweet ingredients for dairy, frozen dessert, bakery, beverage, and foodservice products. Established in 1931, Sweet Ovations ...
Tags: fruit processing company, sweet ingredients for dairy, frozen dessert
South African paper and packaging company Mondi Group has secured European Union (EU) regulatory approval for its $782m acquisition of packaging company Nordenia in Germany from private equity firm Oaktree Capital. According to Mondi, the ...
Tags: paper and packaging, flexible packaging, consumer products
Canadian dairy firm Saputo has signed a deal to acquire the Morningstar business of Dean Foods. The US$1.45bn deal will be financed through a newly-committed bank loan, Saputo said today (3 December). The acquisition will help expand the ...
Tags: dairy, Morningstar, Dean Foods, acquire
Takeover talks between private-equity firm Cerberus Capital Management and US retailer Supervalu Inc are reportedly continuing despite rumours discussions had stalled. Negotiations between Supervalu and Cerberus were held this weekend, ...
Tags: takeover talks, retailer, Supervalu Inc, Cerberus Capital Management
Brazilian beef producer Marfrig plans to sell a stake in order to lower its mounting debts,in a move which is expected attract food companies as well as private equity firms. The company has appointed Brazilian bank Banco Itaúto ...
Tags: stake, debts, bidding, acquisition
Canadian private equity firm Onex has completed the previously announced acquisition of SGS International, a global packaging services provider for $813m. The deal was announced in September 2012. The deal calls for Onex Partners III to ...
Tags: packaging services, plastic and rubber processing equipment, transaction
UK-based private equity firm Permira has hired banks to provide additional debt for its frozen food company Iglo,which owns the Birds Eye brand. Credit Suisse,HSBC,Nomura and UBS will be managing the Iglo transaction,under which€250m ...
Tags: debt, frozen food, banks
Private equity firm Permira has cancelled its plans to both refinance and sell the frozen food company Iglo. Permira had planned a dividend recapitalization with Credit Suisse and Deutsche Bank and was expecting to raise ...
Campbell Soup has entered into an agreement to acquire Bolthouse Farms, a US-based food and beverage company, from private equity firm Madison Dearborn Partners for $1.55bn in cash. The acquisition is a part of Campbell's strategy to ...
Tags: food and beverage company, private equity firm, leading market positions
Campbell Soup has completed the acquisition of Bolthouse Farms, a US-based food and beverage company, from private equity firm Madison Dearborn Partners in an all cash deal of $1.55bn. The acquisition is a part of the company's strategy ...
Corporate Express's case against school books supplier Wooldridges for non-payment of invoices for $3.6 million worth of stationery products has hit a significant hurdle with the appointment of administrators to Wooldridges' parent company ...
Tags: Corporate Express, Wooldridges, collapsed school supplier
US wholesale insurance broker AmWINS Group has completed the recapitalization with New Mountain Capital, a New York‐based private equity firm. AmWINS CEO Steven DeCarlo said the newly established partnership is an important next ...
Tags: wholesale insurance, AmWINS Group, recapitalization, equity firm
More than 600 WA businesses and schools and 90 employees are likely to receive less than 10 per cent of the $50 million they are owed by education product supplier Wooldridges, which was last month placed into administration. ...
Tags: Wooldridges, education product supplier, office supplies
German private equity firm Lindsay Goldberg Vogel, the central European representative of Lindsay Goldberg in New York is set to acquire German plastic packaging manufacturer, Weener Plastik. The deal is pending approval from anti-trust ...
Tags: Lindsay, plastic packaging manufacturer, Weener Plastik