Raisio announced it has signed an agreement to acquire British Big Bear Group plc for enterprise value of €95.3 million. The acquisition supports Raisio’s growth strategy to become the leading provider of healthy snacks in Europe, stated the firm.
Raisio expects to gain a stronger foothold in the branded snack and breakfast markets in Great Britain

Singaporean firm Olam International Limited is to acquire 100% of equity interests in Britannia Food Ingredients Holdings Limited (BFI) and Britannia Storage and Distribution Limited. Olam International is a leading global, integrated supply chain manager and processor of agricultural products and food ingredients.  The investment will be undertaken for a combined transaction enterprise value of

Frutarom Industries Ltd Tuesday acquired the activity and assets of the British East Anglian Food Ingredients Ltd (EAFI). The investment is for a consideration of approximately US$ 4.8 million (£3 million).
The acquisition will be self-financed. Frutarom estimates that the deal will be completed within a number of weeks.
EAFI develops, manufactures, and markets savory taste solutions

Harris Tea, a division of Harris Freeman along with Jay Tea, a division of Madhu Jayanti, announces that it has completed the acquisition of Keith Spicer Ltd in Dorset, UK. Keith Spicer has been supplying teas to the UK market since 1934.
Mr. Gilbert Zaris, Vice Chairman of Harris Freeman said the firm was upbeat to

Bidvest, the diversified industrial company, announced that it has acquired 100 per cent of the share capital of Seafood Holdings Limited for an enterprise value of £45 million. The UK based Seafood was started by entrepreneur and CEO, Toby Baxendale, who has grown the business into a leading national fresh fish producer and distributor to

India’s Jain Irrigation announced it had bought a controlling stake of 80 per cent in the UK’s Sleafood Quality Food Ltd. Jain Irrigation is currently the largest fruit and vegetable processing firm in India and its acquisition of the UK Midlands based Sleaford Quality Food Ltd will cost it about 10 million pounds. The deal

Booker acquired Ritter and pub wholesale Classic drinks for an investment pegged at 4 million pounds. Booker, the food and drinks wholesaler undertook the investment as part of expansion plans as it seeks to tap into the larger UK market. Ritter is a specialty foods supplier in the UK. The investment will see Booker takeover

United Biscuits may be up for sale if the Sunday Times report is anything to go by. The Newspaper carried reports regarding a planned purchase of the UK based firm by Chinese firm, Bright Food. The Chinese firm is currently believed to be in exclusive talks for the purchase. If successful, the investment will see

The UK’s Office of Fair Trading is considering Asda’s propositions regarding its proposed takeover of Netto’s stores in the country. The agency is mulling undertakings offered by Asda regarding its intended takeover of the 194 groceries stores owned by Netto in the UK. Asda is interested in selling 47 Netto stores based all over the

A US food giant Monday announced its keen on acquiring the UK based biscuit maker, United Biscuits. The American firm, Campbell Soup said it plans to launch a £1.5 billion bid for United Biscuits. Campbell Soup is an American food group and the plans indicate that it’s mulling a £1.5 billion break up offer for