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Food delivery is seeing more consolidation: GrubMarket snaps up FreshGoGo

TechCrunch: M&A

billion, food delivery and supply chain startup backed by Tiger Global, BlackRock and nearly 100 other investors, has snapped up another food delivery startup on its consolidation march: It is acquiring FreshGoGo, a New York-based, B2C platform selling Asian groceries and ready-made dishes. GrubMarket, the $3.6-billion,

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Just Miles from Kroger’s Court Battle, a Food Desert Shows What’s at Stake

The New York Times: Mergers, Acquisitions and Dive

Federal regulators are trying to block Kroger’s merger with Albertsons. In a Portland suburb, residents already know what deteriorating access to fresh food looks like.

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Food & Beverage 3Q 2024 Report

Focus Investment Banking

In Q3 2024, 113 transactions were announced in the food and beverage industry, continuing a trend of steady deal volume across segments and reflecting a 25% increase in M&A activity on a year-over-year basis. The post Food & Beverage 3Q 2024 Report appeared first on FOCUS. DOWNLOAD THIS REPORT.

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The Art of Acquisition: Building a Stronger Business through Strategic Mergers

Sun Acquisitions

In business, mergers and acquisitions are often perceived through the lens of financial transactions and corporate strategy. Far from being mere business deals, mergers can be seen as an art form—an intricate dance of collaboration, innovation, and transformation to build more robust, resilient entities.

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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. Since its founding in 2014 the company has made north of 60 acquisitions, with the majority of those acquisitions focused on B2B produce distributors.

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Food giants are strangling Britain’s farmers and consumers. What’s the solution? Break them up | Nicholas Shaxson

The Guardian: Mergers & Acquisitions

The problem is our monopolised food system. Think of it as a vast profit machine shaped like an hourglass, with many food producers at the top, millions of consumers at the bottom, and a few dominant firms – such as giant supermarkets or global food traders – clustered at its narrowing neck, siphoning a cut from the passing traffic.

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Sustainability and ESG: The Emerging Imperatives in Mergers and Acquisitions

Sun Acquisitions

In today’s business landscape, mergers and acquisitions (M&A) are not just about profit and market share. Legal, reputational, and financial risks associated with environmental scandals, labor disputes, or governance failures can negatively impact the value of an acquisition.