News on Mergers and Acquisitions from Europe

PinguinLutosa announced that it has signed a “principle” agreement with GIMV regarding the full acquisition of Scana Noliko.

After weeks of rumours, it has been confirmed that a Muthill potato firm has gone into administration, leading to the loss of two jobs and putting 15 more at risk.

United Biscuits is looking to auction its biscuits division for about GBP1.5 billion after the decision of China's Bright Food to walk away from acquiring the whole company, The Mail on Sunday reported, without citing sources.

Op 23 december 2010 heeft Lantmännen Lantbruk haar 49-procent aandeel in Agrico Nordic AB verkocht aan haar partner Ypma & Zonen BV, 100% dochteronderneming van Coöperatie Agrico.

As of this morning, Tomra Systems ASA (Tomra, www.tomra.com) a Norwegian public company (quoted on the Oslo Børs: TOM), has announced that it is to wholly acquire Dublin based technology company, Odenberg.

PepsiCo's growing stress on dairy, highlighted by its acquisition of Russia's Wimm-Bill-Dann, could see it emerge as a bidder for Yoplait

PepsiCo and Wimm-Bill-Dann Foods OJSC, Russia's leading branded food-and-beverage company, today announced that PepsiCo has agreed to acquire 66% of Wimm-Bill-Dann for $3.8 billion, pending the required government approvals.

Convenience Foods Europe B.V. (CFE) heeft overeenstemming bereikt met Johma Signature over de overname van Johma's dochteronderneming Johma Sandwiches B.V.

Royal Cosun announces that it has decided to investigate the potential sale of Unifine Food & Bake Ingredients (Unifine F&Bi), its pastry ingredients business.

Agrico will transfer the trading activities in processing potatoes to Aviko Potato on December 1st.

Aviko neemt fritesaardappel-activiteiten over van Agrico

De besprekingen tussen Agrico en Aviko Potato mogen dan al langer gaande zijn geweest, maar ze hebben het zo goed stil weten te houden dat de overname een donderslag bij heldere hemel veroorzaakte.

The European Commission (EC) approved on Wednesday the acquisition of a majority stake in Austrian potatoes processing firm Frisch &Frost Nahrungsmittel-Gesellschaft by Dutch food producer LWM Potatoes, a unit of Lamb Weston/Meijer.

The Wall Street Journal reports that negotiations to sell United Biscuits to China's Bright Food Group are near collapse, referring to people familiar with the matter

One of Britain’s biggest potato producers is planning to put down roots on the AIM Market

China's leading consumer group, Bright Food, has emerged as one of the frontrunners to acquire UB, which is being sold by its private equity owners Blackstone and PAI. A takeover would attract attention from British politicians worried about the incre...

Campbell Soup Co., is reportedly looking into making a bid worth $2.3 billion to acquire the largest portion of British food company United Biscuits, according to a media report Sunday.

The snacks and biscuits division of UK manufacturer United Biscuits could be parcelled out to different buyers, according to a research firm's analysis of the market following media reports the company is to be sold by its private equity owners.