UK: Cerealto to acquire Hill Biscuits
The UK arm of Spanish food manufacturer Cerealto has announced the acquisition of Hill Biscuits from LDC, a private equity firm. Founded in 1855, Hill Biscuits is defined as one of the largest and longest established biscuit manufacturers in the UK. LDC partnered with Hill Biscuits in 2017 to support growth by investing in technology, […]
UK: Newlat to complete acquisition of Princes
Italian food group Newlat has announced the acquisition of the entire share capital of Princes, the diversified UK food and drinks company. The acquisition, valued at £700 million ($896 million), encompasses all current operations and brands of Princes, which will function as a subsidiary under the newly formed New Princes Group. New Princes Group will double […]
Germany: GoodLife Foods to acquire Pure Ingredients
GoodLife Foods, a manufacturer of frozen vegetables, has announced that it has entered into an agreement to acquire Pure Ingredients, a leading German manufacturer of halal frozen foods. Pure Ingredients offers branded and private label products and specialises in halal frozen snacks and meal components. The company employs over 200 people across its three production facilities […]
Belgium: Greenyard acquires Creme de la Creme
Greenyard, the leading Belgian fruit and vegetable processor, has announced the acquisition of Creme de la Creme, a plant-based ice cream and frozen dessert company. According to Greenyard, the acquisition aligns with its strategy to create a full range of healthy, plant-pure products through its Greenyard Frozen division. Founded in 1999, Creme de la Creme […]
Italy: Casalasco to acquire 70% of De Martino to expand Asian presence
Italian tomato producer Casalasco has signed an agreement to acquire 70% of De Martino, a trading company specialised in distributing Italian canned food over the world. De Martino has built an export network with major players in Japan, South East Asia and Scandinavia, and generates approximately €40 million ($43 million) from tomato-based canned food distribution. The agreement, […]
Czech Republic: Kofola to acquire majority stake in beer producer Pivovary CZ
Kofola, a Czech-based non-alcoholic beverages company, has announced the acquisition of Pivovary CZ Group, a producer of traditional beer brands such as Holba, Zubr and Litovel. Pivovary CZ Group is the fifth largest beer company in the Czech Republic with a workforce of almost 500. With the acquisition, Kofola said it planned to bolster its […]
Belgium: Monoprix to open first store in the country
French retailer Casino Group has announced the opening of a new store in Belgium under the convenience store banner Monoprix, the first one in the country. According to sources, the new store will be located in the centre of Waterloo, where Transversale – the firm’s master franchisee – has already collected a permit from local […]
Portugal: Auchan acquires business from Grupo Dia in the country
French multinational retail group Auchan has announced the acquisition of Grupo Dia’s operation in Portugal, where the company currently operates 489 stores. According to sources, the deal includes all 489 stores under the Minipreco and Mais Perto banners, three warehouses, licenses and assets necessary for the operation. In addition, the agreement guarantees the integration of […]
Ireland: Kerry to sell Sweet Ingredients Portfolio to IRCA for €500 million
Global food manufacturer Kerry Group has entered into exclusive negotiations to sell its Sweet Ingredients Portfolio to INCA, an international leader in chocolate, creams and high-quality semi-finished food ingredients, for €500 million. The Sweet Ingredients Portfolio is a manufacturer of sweet and cereal products with a broad range of technological capacities serving the markets of […]
Russia: Magnit to create new discount supermarket – reports
Russian retailer Magnit is reportedly planning to open a new discount supermarket chain, according to an article on the Kommersant newspaper. Sources close to the retailer reported that the retailer plans to develop a new chain of discounters, a concept that started being planned in 2022, it is expected to be approved in Q1 2023 […]