Acquisition

Britain's Supreme Buys Typhoo Tea Out Of Administration

Britain's Supreme has bought out loss-making tea brand Typhoo Tea from administration in a £10.2 million ($12.94 million) deal.

Axfood Names Patrick Grabenbauer As Managing Director Of City Gross

Axfood has named company veteran Patrick Grabenbauer as the new managing director of its recently acquired City Gross chain.

MC Reports Strong Q3 Performance Despite Market Challenges

Portuguese retail company MC Sonae reported strong operational and financial performance in the third quarter of 2024, surpassing expectations despite inte...

Auchan Hungary Sale Receives Antitrust Nod

The Hungarian Competition Authority (GVH) has approved the sale of Auchan Hungary to entrepreneur Dániel Jellinek.

Covalco Acquires Cash Diplo, Aims For Wholesale Leadership In Spain

Catalan company HD Covalco has acquired a 75% stake in Madrid-based Cash Diplo, a move that will boost its position as a leading player in Spain's wholesal...

General Mills Agrees To Acquire Whitebridge Pet Brands For $1.45bn

General Mills has entered into an agreement to buy Whitebridge Pet Brands' North American premium cat feeding and pet treating business in a transaction va...

Race For Japanese 7-Eleven Owner Heats Up With Founding Family Bid

Japan's Seven & i Holdings has received a buyout proposal from a member of its founding Ito family – a potential $58 billion (€54....

Grupo Bimbo Acquires Balkan Bakery Group Don Don

Mexico's Grupo Bimbo, the world's largest bakery company, has acquired Slovenian-based bakery group Don Don, which has a strong presence in the Balkans.