All Mergers & Acquisitions articles – Page 29
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Tomra to buy Compac in NZ$70m deal
Deal will strengthen both companies’ presence in key markets and sectors, Tomra said
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SunMoon announces Yiguo investment deal
Chinese fresh food e-tailer Yiguo looks set to take majority shareholding in SunMoon Food with initial investment of S$15m
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Dole expands presence in Chile
Dole Food Company has acquired TucFrut farms and packing facilities in Chile and added three long-term grapes farms to its Chilean supplier base
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Walmart ups stake in JD.com
US-headquartered retailer Walmart has almost doubled its share in China’s JD.com
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GF Group clarifies position following tax raid
Company issues statement explaining precise charges levelled against four members of Orsero family under investigation
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Mitolo Group buys Oakville assets
Deloitte has found buyers for the assets of Australian potato supplier Oakville Produce after going into voluntary administration earlier this year
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Asian Citrus hit by fraud allegations
Auditors apparently notified of possible misreporting, but directors suspect attempt to sabotage planned acquisition
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Sainsbury’s sales continue to slide
Like-for-like revenues have fallen 1.1 per cent despite an increase in volume sales, as the retailer continues with EDLP strategy
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Unica, Grupo AN complete merger
New entity, Unica Fresh, is being set up to handle all sales of fresh fruits and vegetables
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Bayer defends Monsanto deal
Bayer has argued that its mooted acquisition of Monsanto will create a “global leader in agriculture" and will not fall foul of the competition authorities
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Compass creates new procurement company
Foodbuy will ‘revolutionise’ foodservice procurement through combined resources of Acquire Services and Compass
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Fyffes makes room for more mushrooms
Group acquires a second Canadian mushroom business, All Seasons Mushrooms
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Highline caps strong first half for Fyffes
Acquisition of mushroom firm boosted Irish group's results, with strong growth also reported for melons and pineapples
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Neame Lea merges with Zyon UK
The deal will see Zyon exclusively market all of Neame Lea’s ornamentals in the UK
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Fruit Bowl owner acquired by Bokomo
Bokomo Foods buys up Streamfoods Holdings as part of plans to expand into the growing fruit-snacking category
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Florette acquires beetroot specialist
Bagged-salad giant buys Axgro Foods in move it says will help diversify its product portfolio
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Perfection buys Calypso marketing rights
OneHarvest has sold the exclusive sales and marketing rights for Calypso mango to Perfection Fresh Australia
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Univeg announces top-fruit JV with Bardsley Farms
New partnership will see Univeg parent Greenyard Foods inject capital for investment into storage and machinery
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Retail giants complete merger
United States Federal Trade Commission approves deal between Delhaize and Ahold
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Ahold and Delhaize to merge this week
Retailers expect to complete merger on 23 July, subject to US Federal Trade Commission clearance