M&A

News

Food and drink M&A activity on the rise

07-Jun-2023 By Gwen Ridler

Food and drink merger and acquisition (M&A) activity is on the rise, but the value of deals has dropped in the face of persistent macroeconomic headwinds and the absence of larger players in the market.

News

Food and drink M&A activity on the decline in 2022

24-Jan-2023 By Gwen Ridler

Mergers and acquisitions (M&A) activity in the food and drink sector fell sharply in both value and volume terms in 2022, according to corporate finance house Oghma Partners.

Morrisons board supports increased £7bn CD&R takeover bid

20-Aug-2021 By Gwen Ridler

Morrisons's board has backed a revised £7bn takeover bid from US private equity group Clayton, Dubilier & Rice (CD&R).

Morrisons agrees to increased £6.7bn takeover bid

09-Aug-2021 By Gwen Ridler

Morrisons’ board of directors have agreed to a revised takeover bid from Fortress Investment Group worth £6.7bn.

North Coast buys Wooha Brewing from administration

07-Jun-2021 By Gwen Ridler

US-based North Coast Brewing Company has bought Scottish drinks firm Wooha Brewing out of administration for an undisclosed sum, with plans to create new jobs at the site.

EIT Food boss exclusive interview part 2

EIT Food outlines M&A prospects and food trends

19-Aug-2020 By Gwen Ridler

Short-term prospects for food industry mergers and acquisitions, the sector’s resilience during the pandemic and emerging product trends feature in the second part of this exclusive interview with EIT Food boss Andy Zynga.

Samworth Brothers buys Urban Eat as Adelie Foods assets sold

10-Aug-2020 By Gwen Ridler

Samworth Brothers, Winterbotham Darby and The Real Wrap Company were the principal food industry buyers of Adelie Foods assets post-administration, with Samworths acquiring the Urban Eat brand for £6.4m.

Food and drink deals continue, despite coronavirus pressures

07-Aug-2020 By Gwen Ridler

The global disruption caused by the coronavirus pandemic has not dampened merger and acquisition (M&A) activity in the food and drink industry, according to business advisory firm BDO.