Global Banking & Finance

JULY 2, 2024

UK’s Sainsbury’s sales up 3%, poor weather dents non-food demand By James Davey LONDON (Reuters) -Sainsbury’s, Britain’s second-largest supermarket group, reported a 3% rise in first-quarter underlying sales on Tuesday, although weather-related weakness in non-food categories partially offset robust demand for groceries, sending (..)

Food 40

Food Sale Shares IT 40

Focus Investment Banking

MAY 10, 2024

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.

Food 52

Food M&A Private Equity Valuation 52

Global Banking & Finance

NOVEMBER 7, 2024

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.

Food 52

Food Retail IPO Initial Public Offering 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 113

Sale IT Mergers and Acquisitions Food 113

Global Banking & Finance

JANUARY 11, 2024

M&S claims Christmas crown as food and clothing sales beat forecasts By Paul Sandle LONDON (Reuters) -British retailer Marks & Spencer on Thursday reported a better-than-expected 8.1% rise in sales over the Christmas trading period, driven by market-leading growth in food and a strong performance in womenswear.

Food 40

Food Sale Retail M&A 40

Focus Investment Banking

OCTOBER 11, 2024

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

Food M&A Acquisitions Funds 52

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

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

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 73

Sale IT Mergers and Acquisitions Food 73

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 191

Sale IT Mergers and Acquisitions Food 191

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

Global Banking & Finance

OCTOBER 31, 2024

(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.

Sale 52

Sale Profitability Food Capital 52

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

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

Focus Investment Banking

SEPTEMBER 10, 2024

Unlock the potential of the dairy market by embracing change and innovation in an evolving industry For business owners in the food and beverage industry, the dairy market presents both challenges and opportunities. The rise of plant-based alternatives has impacted traditional dairy sales, but the industry remains strong.

Food 52

Food Private Equity Business Sale 52

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

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 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

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

NOVEMBER 29, 2024

(Reuters) – German retail sales fell more than expected in October, decreasing by 1.5% Compared to the same month in the previous year, the retail sector recorded an increase in sales of 1.0% Food […] compared with the previous month, data showed on Friday. Analysts polled by Reuters had predicted a 0.3%

Retail 40

Retail Sale Food Business 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

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 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

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

Global Banking & Finance

DECEMBER 5, 2024

The Chicago, Illinois-based packaged food company tapped investment bank Centerview Partners to gauge interest in the […]

Investment Banking 52

Investment Banking Sale Food Bank 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

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

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 Bank Banking 52

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 Investment IT 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

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

Global Banking & Finance

OCTOBER 30, 2024

By Savyata Mishra (Reuters) -Kraft Heinz on Wednesday tempered its annual forecasts for organic sales and profit as repeated price hikes hurt demand for the packaged food giant’s branded products such as Lunchables meal kits.

Food 52

Food Profitability Sale Trading 52

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