Sun Acquisitions

AUGUST 21, 2024

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. This powerful combination is poised to drive significant growth for both entities in the future.

Sale 59

Sale Acquisitions Mergers and Acquisitions Food 59

Focus Investment Banking

OCTOBER 27, 2023

The robust M&A markets of 2021 and 2022 lost their momentum as concerns over an impending recession and rising interest rates caused a shrink in the pool of companies available for sale and a decline in buyer demand. The post Food & Beverage 3Q 2023 Report appeared first on FOCUS Investment Banking LLC. Read the full report.

Food 52

Food Investment Banking M&A Profitability 52

Global Banking & Finance

JULY 1, 2024

French catering group Sodexo lags Q3 sales expectations (Reuters) – French food caterer Sodexo reported slightly lower than expected third-quarter sales on Tuesday, citing a change in how it accounts for project works related to a large contract in its Rest of the World segment. Its third-quarter revenue rose 6.8%

Sale 40

Sale Food Accountant IT 40

Sun Acquisitions

MARCH 1, 2024

A leading provider of commercial food-service furniture solutions initiates sell-side engagement managed by Sun Acquisitions. This partnership allows our client to focus on its core operations while navigating the sale process seamlessly. About Sun Acquisitions Sun Acquisitions is a Chicago based mergers and acquisitions firm.

Food 59

Food Mergers and Acquisitions Acquisitions Middle Market 59

Global Banking & Finance

JULY 21, 2023

British retail sales beat expectations in June By David Milliken LONDON (Reuters) – British retail sales rose more than expected in June, boosted by unusually hot weather and a rebound in food sales after a dip the month before when public holidays disrupted normal spending patterns, official figures showed on Friday.

Retail 52

Retail Sale Food 52

Periculum Capital

MAY 21, 2024

Periculum Capital Company, LLC is pleased to announce it has advised Prairie Mills Products, LLC, an Indiana-based specialty corn milling company, in its sale to Consolidated Grain and Barge Co. Periculum was engaged to advise on the sale of the business by the owner, John Cory, due to Periculum’s extensive food and ag expertise.

Sale 52

Sale IT Food Retail 52

CNBC: Investing

OCTOBER 16, 2023

The investment bank cut its price target 5% but thinks declining inflation and strong pricing power will still help lift shares in the year ahead.

Food 120

Food Investment Banking Sale Shares 120

Global Banking & Finance

OCTOBER 6, 2023

UK’s J D Wetherspoon posts higher sales on resilient demand (Reuters) -British pub group J D Wetherspoon said on Friday sales in the first nine weeks of its financial year rose nearly 10% on strong demand for its lower-than-average priced drinks and food amid a cost-of-living crisis.

Sale 52

Sale Hospitality Food IT 52

Global Newswire by Notified: M&A

FEBRUARY 1, 2024

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.

Sale 40

Sale Business Food IT 40

Global Banking & Finance

FEBRUARY 22, 2024

Nestle misses sales estimates as price hikes deter shoppers By Richa Naidu LONDON (Reuters) – Nestle reported full-year organic sales growth slightly below expectations on Thursday as the world’s biggest packaged food company continued to hike prices, prompting some shoppers to turn to competing brands.

Sale 40

Sale Food Trading Shares 40

Global Banking & Finance

JULY 10, 2023

Food prices squeeze consumers in June, hot weather boosts summer spending: BRC By Suban Abdulla LONDON (Reuters) – Unusually hot weather boosted sales of sun screen and barbecue food in Britain last month, a British Retail Consortium survey showed on Tuesday, but consumers spent less on big-ticket items as high food prices continued to squeeze (..)

Food 40

Food Retail Sale 40

Global Banking & Finance

JULY 20, 2023

Mr Kipling maker Premier Foods expects profit at top end of market view (Reuters) -Premier Foods on Thursday forecast full-year profit at the top end of market expectations after the company reported higher sales for the first quarter.

Food 40

Food Profitability Sale 40

Global Banking & Finance

JANUARY 11, 2024

Tesco raises profit outlook again after strong Christmas sales By James Davey LONDON (Reuters) -Tesco, Britain’s biggest retailer, upgraded its profit outlook for the second time in four months as it reported a better-than-expected rise in underlying UK sales for the key Christmas trading period, buoyed by demand for fresh food.

Profitability 40

Profitability Sale Food Retail 40

Razorpay

MAY 29, 2023

Nutrinda Food Sciences is a startup focused on the spices and condiments market within the food and beverages sector. Committed to delivering high-quality food items, the company prioritises every aspect of the production process. This led to increased sales and revenue for the company. Get Line of Credit

Food 52

Food Business Profitability Funds 52

Global Banking & Finance

FEBRUARY 21, 2024

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.

Sale 40

Sale Business Food IT 40

The Guardian: Mergers & Acquisitions

JULY 3, 2024

Investment bank Stephens hired to find suitors for business, which wants to expand overseas operations The high-end steakhouse chain Hawksmoor has been put up for sale in a deal that could value it at about £100m.

Sale 87

Sale Investment Banking Bank Banking 87

Global Newswire by Notified: M&A

JULY 18, 2023

The increasing globalization of food cultures and the exchange of culinary experiences between different regions and countries have become major drivers in boosting the sales of condiments, spices, and sauces across the globe. SkyQuest projects that the hot sauce market will attain a USD 4.37

Food 40

Food Sale 40

Sun Acquisitions

APRIL 4, 2023

Sun Acquisitions is pleased to announce the successful sale of Custom Cylinders, Inc. These products are used for food packaging and processing, medical, printing, automotive, material handling systems and other applications. After the sale of the business, Larry noted, “Custom Cylinders, Inc. to Approvis Partners, LLC.

Sale 52

Sale Acquisitions Mergers and Acquisitions Advisory 52

The Guardian: Mergers & Acquisitions

AUGUST 25, 2023

Dutch multinational brewer takes €300m loss from transfer of assets to Russia’s Arnest Group Russia-Ukraine war – latest news updates Heineken has completed its lengthy exit from Russia with the sale of its operations there for a symbolic €1, after Moscow clamped down on asset sales in retaliation for western sanctions.

Sale 67

Sale IT Mergers and Acquisitions Food 67

Global Banking & Finance

AUGUST 22, 2024

By John Revill and Richa Naidu ZURICH/LONDON (Reuters) – Nestle is replacing CEO Mark Schneider with company veteran Laurent Freixe, the Swiss food group said on Thursday, marking a change of leadership as it faces a challenge to grow sales. Schneider has decided to step down as CEO and a member of the board […]

Food 52

Food Sale IT Business 52

Global Banking & Finance

AUGUST 7, 2024

By Stephanie Hamel and Charlotte Eugenie Yvette Bawol (Reuters) -Supermarket group Ahold Delhaize beat second-quarter core profit margin expectations on Wednesday, supported by solid sales in its U.S. The group, which operates the Stop & Shop, Giant, Food Lion and Hannaford chains in the U.S. and European markets and cost control.

Food 52

Food Profitability Sale IT 52

The New York Times: Mergers, Acquisitions and Dive

JUNE 5, 2024

Family Dollar has struggled with its operations in recent years, and Dollar Tree said in March that it would close nearly 1,000 of the stores.

Sale 99

Sale IT Mergers and Acquisitions Food 99

Global Newswire by Notified: M&A

JANUARY 25, 2024

Increase in tractor sales across the globe and rising demand for organic food products are major factors driving the market revenue growth Increase in tractor sales across the globe and rising demand for organic food products are major factors driving the market revenue growth

Food 45

Food Sale 45

Focus Investment Banking

MARCH 11, 2024

Today, 90% of Devenish sales are derived from its own manufactured products. The company is committed to providing healthy food for animals and continues its push to be a global leader in the future of the sustainable animal industry. FOCUS represented Devenish throughout this transaction process.

Investment Banking 52

Investment Banking Sale IT Investment 52

Focus Investment Banking

OCTOBER 20, 2023

service center industries including food and beverage, pulp and paper, chemical, pharmaceutical, automotive, and other industrial markets, offering a vast inventory of bearings, power transmission components, motors, controls, material handling equipment, and broad technical expertise. Terms of the transaction were not disclosed.

Investment Banking 52

Investment Banking Sale Banking Bank 52

Global Newswire by Notified: M&A

AUGUST 8, 2024

Growing adoption of sustainable farming practices and imposition of stringent regulations to reduce the use of chemicals in farming are slated to drive biopesticide sales. Increasing emphasis on sustainability and growing demand for organic food products by consumers around the world will also favor sales of biopesticides.

Food 40

Food Sale 40

Focus Investment Banking

MARCH 13, 2024

Nutritics, an Irish-founded food service technology company, acquired Ten Kites, a UK-based menu publishing platform. Nutritics was founded in 2013 by brothers Damian and Ciarán O’Kelly after they spotted a gap in the market for a detailed and accessible database of food information. and Europe.

Food 52

Food Hospitality Capital Raising Middle Market 52

Global Banking & Finance

JULY 21, 2023

UK consumers defy high inflation and shop more in June By David Milliken LONDON (Reuters) -British retail sales grew faster than expected in June despite continued high inflation, thanks to unusually hot weather and a rebound in food sales after King Charles’ coronation disrupted spending in May, official figures showed on Friday.

Food 52

Food Retail Sale 52

Focus Investment Banking

JUNE 5, 2024

With sales projected to pass a record-breaking $1 trillion this year, the outlook is cautiously optimistic for the restaurant industry in 2024. They almost always offer great food and consistently deliver value to their customers. Buyers want to see measurable increases in same-store sales growth.

Food 52

Food Sale M&A Economics 52

Sun Acquisitions

APRIL 18, 2024

Kevin is an expert in the food/food distribution sector with deep relationships in the industry that create successful outcomes for our clients, stated Domenic Rinaldi, managing partner of Sun Acquisitions”. This collaboration enables the client to concentrate on its core operations while seamlessly navigating the sale process.

Acquisitions 59

Acquisitions Mergers and Acquisitions Business Food 59

Sun Acquisitions

JANUARY 26, 2024

As ancillary costs drive up the operating expenses of smaller food distributors, many are turning to mergers and acquisitions (M&A) as a strategic solution. The primary goal should be reducing operational expenses by maximizing warehouse efficiency and increasing the sales per delivery.

M&A 52

M&A Food Mergers and Acquisitions Mergers 52

InvestmentBank.com

SEPTEMBER 18, 2019

billion in sales annually in the U.S [4]. Turmeric and curcumin sales have been a burgeoning and extremely researched market over the last 5 years [5] [6]. Those making online, direct-to-consumer (DTC), nutritional supplement purchases—not through Amazon which is ~29%—only accounts for about 3% of all nutritional supplement sales [7].

Food 52

Food Valuation Acquisitions M&A 52

TechCrunch: M&A

MAY 14, 2024

On the other hand, it also underscores Delivery Hero’s ongoing retreat from that same market: The sale […] © 2024 TechCrunch. The deal is part of Uber Eats’ strategy to expand in Asia, specifically by strengthening its position in Taiwan. All rights reserved. For personal use only.

Sale 165

Sale IT Mergers and Acquisitions Food 165

Global Newswire by Notified: M&A

JUNE 13, 2023

The manufacturing and sale of dietary supplements, fortified foods and beverages and other goods that satisfy the body's daily mineral needs are all included in the market for minerals in human nutrition. SkyQuest projects that the minerals in human nutrition market will attain a value of USD 23.29 billion by 2030, with a CAGR of 6.6%

Food 40

Food Manufacturing Sale 40

Global Banking & Finance

JANUARY 10, 2024

rise in fourth-quarter like-for-like sales, sending its shares to a five-month high. The food-to-go retailer’s strong Christmas resulted in […]

Food 40

Food Retail Sale Shares 40

Benchmark International

JUNE 14, 2023

Established in 1923 in Northern Ireland, James Hamilton Group is a multidisciplinary B2B distributor of packaging, label production, office supplies, and personal protective equipment services across multiple sectors including retail, food and beverage production, logistics, and distribution.

Food 52

Food Retail Manufacturing Acquisitions 52

Focus Investment Banking

APRIL 14, 2024

It’s no surprise that bakery is one of the food industry’s most dependable performers. As a staple food, it’s insulated from fluctuations in household incomes and business cycles compared to the broader food and beverage industry. The bakery category is also incredibly resilient. The $75 billion U.S.

M&A 52

M&A Food Private Equity Manufacturing 52