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Croatian food retailer Studenac plans Warsaw, Zagreb IPO

Global Banking & Finance

GDANSK (Reuters) -Croatian food retailer Studenac is planning an initial public offering with plans to list on the stock exchanges of Warsaw and Zagreb, the company said on Thursday. The offer will consist of new shares and the sale of existing shares by current shareholders.

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GrubMarket: One of the Most Active Buyers in Food Distribution M&A

Focus Investment Banking

GrubMarket, a B2B food marketplace that primarily sells to retail grocers, has become one of the most active buyers in food distribution M&A. Why is GrubMarket, a technology company, buying up B2B food distributors? Those dual experiences shaped Xu’s vision of modernizing the food supply chain.

Food 52
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Ingredion Completes Sale of Business in South Korea

Global Newswire by Notified: M&A

For the full-year 2023, Ingredion’s business in South Korea delivered net sales of $325 million (unaudited). WESTCHESTER, Ill., WESTCHESTER, Ill., The transaction was announced on November 13, 2023.

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Food Distribution is Ripe for M&A

Focus Investment Banking

In this article, which joins our ongoing coverage of the Food & Beverage industry, we introduce an overview of M&A activity in food distribution with a focus on fresh food. The pandemic accelerated innovation at all levels as it spotlighted weaknesses and systemic inefficiencies, particularly in food distribution.

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Pringles-maker Kellanova beats quarterly sales, profit estimates on steady demand

Global Banking & Finance

(Reuters) – Packaged food company Kellanova topped Wall Street estimates for third-quarter sales on Thursday, driven by resilient demand for its ready-to-eat breakfast items and snacks despite rising prices.

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Delivery Hero terminates talks on potential sale of foodpanda business in Southeast Asia

Global Banking & Finance

Delivery Hero terminates talks on potential sale of foodpanda business in Southeast Asia (Reuters) – German food delivery company Delivery Hero said on Wednesday that the ongoing talks for the potential sale of its foodpanda business in selected markets in Southeast Asia have been terminated.

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Sun Acquisitions Announces Successful Sale of Petersen International Furniture to Commonwealth Initiatives LLC

Sun Acquisitions

Schaumburg, Illinois – August 21, 2024 – Sun Acquisitions, a leading mergers and acquisitions firm headquartered in Chicago, is pleased to announce the successful sale of Petersen International Furniture to Commonwealth Initiatives LLC. Considering Buying or Selling a Business?

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