Acquisition

Conad Nord Ovest Acquires Three Bennet Stores For €4.4m

Italian retail cooperative Conad Nord Ovest, via its Nordovest Insieme unit, has acquired three stores from Italian retailer Bennet for €4.4 million.

Tegut To Acquire Organic Supermarket Chain Basic

German food retailer Tegut has announced plans to take over organic supermarket chain, Basic, which it says has run into 'financial difficulties.'

Theo Müller Closes Partial Acquisition Of FrieslandCampina's German Consumer Business

Theo Müller group has announced that it completed the acquisition of the majority of the German business of Royal FrieslandCampina N.V. on 1 April 202...

Kerry Opens New Innovation Centre In Barcelona

Taste and nutrition firm Kerry has opened its Southern Europe Innovation Centre in Barcelona, Spain, as part of an expansion plan.

Ball Corporation Names Daniel W Fisher As Chairperson

Packaging firm Ball Corp has named president and chief executive officer Daniel W Fisher as the chairperson of its board, effective 26 April.

Heineken Gets Final Nod On The Acquisition Of Distell

The South African Competition Tribunal has approved Heineken's offer to acquire control of Distell Group Holdings Limited, paving the way for the creation...

Anora Reports Decline In Profitability In FY 2022 Amid High Input Costs

Drinks group Anora has reported a decline in profitability across the business in its financial year 2022 amid high input costs.

Ferrero International Reports 10% Turnover Growth In 2023

Ferrero International, the parent company of Ferrero Group, has reported a turnover of €14 billion for the financial year ended 31 August 2022, regist...