Former TescoCEO Terry Leahy will take up the post of chairman at B&M Retail after private equity firm Clayton, Dubilier & Rice acquired a majority stake in UK discount retailer. B&M, owned by the Arora family, will continue to be managed ...
Tags: Tesco, Clayton, acquisition, discount retail
US-based Seven Mile Capital Partners, a private equity firm, announced the sale of its portfolio company Waddington North America (WNA) to Olympus Partners, for an undisclosed sum. Seven Mile, which was created after it was hived off from ...
Tags: Seven Mile Capital Partners, sale, WNA, packaging
Vitamin and supplement giant NBTY has acquired US energy bar brand Balance Bar from private-equity firm Brynwood Partners VI. Brynwood, which acquired the brand from Kraft Foods in 2009, announced the sale for an undisclosed sum yesterday ...
Tags: NBTY, vitamin, supplement, Kraft Foods, energy bar
US baking mix manufacturer Continental Mills has acquired Kretschmer wheat germ owner Sun Country Foods from private-equity firm Brynwood Partners. Continental Mills, which owns products including Krusteaz pancake mixes, said it wanted ...
Tags: Continental Mills, Kretschmer, acquisition, food industry
UK baked goods company McCambridge has sold its own-label cake division to private-equity firm NBGI. The deal, announced this morning (5 December), is for a business that operates bakeries in Manchester, Bradford, Blackburn, ...
Tags: McCambridge, own-label, PE firm NBGI
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
The week's two major stories broke within hours of each other on Wednesday - Tesco admitted it was "likely" to leave the US and Germany's Intersnack snapped up United Biscuits' salty snacks business. Elsewhere, ex-Tesco CEO Terry Leahy led ...
Tags: salty snacks, Intersnack, Hula Hoops, McCoy's, Skips, dairy, pork sector
Posted by Lisa McTigue Pierce, Executive Editor -- Packaging Digest, 11/26/2012 5:48:47 PM By Josephine Moulds, guardian.co.uk French beauty giant L'Oreal is attempting to raise its street cred with the acquisition of edgy makeup brand ...
Tags: L'Oreal, makeup brand, Urban Decay
Private-equity firm Wind Point Partners has snapped up US snacks group Shearer's Foods in a takeover backed by former Sara Lee executive C.J. Fraleigh. Wind Point Partners has acquired what it called "the largest producer of private-label ...
Cytec Industries Inc.has entered into an agreement to divest its coating resins business to Advent International,a global private equity firm for$1,032 million plus assumed liabilities of$118 million bringing the total value to$1,150 ...
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
Gerbing's Heated Clothing,Inc.,a leading manufacturer of heated clothing and accessories,announced that it has been acquired by Prospect Brands,LLC and will be led by Tom Nolan,who will serve as President and Chief Executive Officer.The ...
Tags: Gerbing's Heated Clothing, heated clothing and accessories, LLC
Carrefour is reportedly in talks to combine its venture in Turkey with local rival Migros Ticaret. Bloomberg Friday (28 September) reported Carrefour and Migros were in "early" talks over a possible combination of the two businesses. ...
Tags: venture, stock exchange, local venture
Pacific Equity Partners, an Australian private equity firm, has acquired Swiss food giant Nestlé's Australian ice cream brand Peters and Mulgrave factory located at Victoria for an undisclosed amount. Through the transaction, the ...
Tags: Pacific Equity Partners, Peters, acquisition, ice cream