Spice manufacturer McCormick & Company has acquired Australia-based packaged herbs manufacturer Botanical Food Company in an all-cash deal worth $114m. The acquisition will expand McCormick's existing branded herb portfolio with the ...
US-based private-equity firm Kohlberg Kravis Roberts (KKR) has agreed to provide €100m debt and equity financing to sustainable packaging provider Petainer UK. The funding will be used by Petainer to finance its capital structure and ...
Tags: KKR, Petainer, Investment
Fonterra Australia has entered into an agreement to sell its 36.02% stake in Dairy Technical Services (DTS) to a consortium that includes Bureau Veritas Singapore and AsureQuality. The stake sale will result in Bureau Veritas Singapore ...
Coles and Woolies are locked in a battle for share of the customers wallets and throats that becomes more complicated every day. The competitive landscape has changed. The old model of them against each other and independent wholesaler ...
Tags: Coles, Woolies, Retail Gorillas
Holman Automotive will acquire Kuni Automotive to create one of the largest privately owned dealer networks in the US. The acquisition, expected to be finalized this summer, will create a bi-coastal dealer network with 33 dealerships and ...
Dunelm's revenue for its third quarter (ending 2nd April) grew by 5.9% to £229m, and total like-for-like (LFL) growth (combining LFL stores and home delivery) increased by 1.1%. Sales performance in the quarter reflected strong ...
Tags: Dunelem, LFL growth, Sales performance
HanesBrands has agreed to acquire the privately held Italian company Champion Europe, which owns the trademark for the Champion brand in Europe, the Middle East and Africa, in an all-cash transaction. The purchase price will be 10 times ...
Tags: Champion Europe, Hanesbrands, EBITDA
Commodities trading company Glencore has entered into definitive agreement with Canada Pension Plan Investment Board (CPPIB) to sell 40% equity interest of Glencore Agricultural Products for $2.5bn in cash transaction. Glencore's ...
Tags: Glencore, Canada Pension Investment Board, CPPIB, Agricultural Products
TreeHouse Foods’ subsidiary Bay Valley Foods is planning to close spoonable dressings production facility in Ayer, Massachusetts. The company is planning to stop production in the first half of 2017, while the full closure of the ...
Tags: TreeHouse Food, Valley Foods, Production Facility, Massachusetts
Central National Gottesman (CNG), a sales and marketing organization in the global pulp, paper and forest products industry, announced today that its Lindenmeyr Munroe division will acquire the business of C.J. Duffey Paper Company in ...
Tags: Central National Cottesman, CNG, Lindenmeyr Munroe Division, Acquisition
Fresh produce company Fyffes has acquired Canadian mushroom producer Highline Produce for CAD$145m (€98m), including refinancing Highline’s existing debt. Fyffes will fund the acquisition through new and existing bank debt. ...
Tags: Fyffes, Acquisition, Highline Produce, Mushroom Producer
BOBST Group SA and WIFAG-Polytype Group have entered into exclusive negotiations regarding a potential acquisition of WIFAG-Polytype’s coating technology business, as part of the BOBST strategy to expand its existing product ...
Tags: Bobst Group, WIFAG-Polytype Group, Coating Technology Business
India-based private equity firm Everstone Group has completed the acquisition of Modern Foods, a bakery business of the Hindustan Unilever Limited (HUL). Following the acquisition, Everstone aims to triple the brand's revenue to Rs 10bn ...
Tags: Everstone, Modern Foods, Acquisition, Bakery business, HUL
Finnish meat processor Atria has gained the approval of Swedish Competition and Consumer Authority to complete the €18m acquisition of poultry firm Lagerberg. The competition authorities have approved the transaction without any ...
Tags: Atria, Lagerberg, Acquisition, Consumer Authority, Competition Authorities
VTech agreed to acquire 100 per cent of the outstanding common stock of LeapFrog at $1.00 per share. VTech Holdings Limited has completed its acquisition of LeapFrog Enterprises, Inc. Under the terms of the previously announced ...
Tags: VTech, LeapFrog, Acquisition