Acquisition

Iceland Foods To Distribute Products In The Nordic Region

Iceland Foods has teamed up with investment company SKEL to distribute the supermarket’s products in several Nordic countries.

Savills IM Expands Portuguese Supermarket Portfolio

Real estate investment manager Savills Investment Management (Savills IM) has added four urban supermarkets in Portugal to its European Food Retail investm...

7-Eleven Battle Shows Resilience Of Japan Inc's Family Ties

A rise in shareholder activism in Japan is poised to fuel a new wave of management buyouts by founding families, after the battle for 7-Eleven's parent com...

Grupo Mateus Reports 21% Net Profit Growth In Q3

Brazil’s Grupo Mateus announced a 20.9% year-over-year increase in third-quarter net profit, reaching R$379.2 million (€62.3 milion).

Cadbury Parent Mondelēz Exploring Hershey Acquisition: Report

Cadbury-parent Mondelez International is exploring the acquisition of chocolate maker Hershey, Bloomberg News reported.

Nestlé USA Names New Chief Executive Officer

Nestlé USA has appointed Martin Thompson as its new chief executive officer and US market head, effective 1 January 2025.

Italian Premium Dry Bakery Manufacturer Monviso Gets New Owner

Pan-European private equity firm Argos Wityu has purchased Italian dry-bakery company Monviso from private equity firm Cerea Partners and private investor...

ESM’s Retail Recap: Europe Snacks, Ardagh, Lidl Belgium, Groupe Casino

One Rock acquires Europe Snacks; Ardagh Glass Packaging-Europe produces green hydrogen; Lidl Belgium to stop tobacco sales; and Groupe Casino sells real es...