Mergers And Acquisitions

 Pace Capital has acquired Bäckerhaus Veit, which specializes in artisanal European baked goods. Pic: ©GettyImages/Zolnierek

Private equity firm buys artisan bread baker

By Gill Hyslop

Private equity firm Swander Pace Capital has added to its growing portfolio of baked foods businesses with the acquisition of Canadian bakery Bäckerhaus Veit for an undisclosed amount.

PepsiCo has announced the acquisition of a UK brand it said it has coveted for a long time.

PepsiCo set to buy UK Pipers Crisps

By Gill Hyslop

The Walkers and Doritos maker has announced its intention to acquire the flourishing Lincolnshire business for an undisclosed sum.

Grupo Bimbo has successfully completed it voluntary redundancy program in an effort to create a leaner organization. Pic: Grupo Bimbo

‘Leaner’ Grupo Bimbo reports quarterly loss

By Gill Hyslop

Mexican bakery giant Grupo Bimbo reported a massive 87% second-quarter revenue decline after it took a 1,960m pesos ($105m) charge for a voluntary redundancy program to create a ‘lean organization design.’

Animal feed industry gets a new website

Animal feed industry gets a new website

By Jane Byrne

A new website has been launched to supply breaking news for the global animal feed industry – a sector that was valued at $500 billion last year.

The revival of Hovis needs to happen within a broader balancing of the UK packaged bread market, says analyst

Can a US equity giant revive Hovis?

By Kacey Culliney

US Gores Group is allegedly in talks to buy out a stake of Premier Foods’ Hovis business and a city analyst has said that geography would not impact its ability to turn around the struggling brand.

Competition watchdog scrutinizes Amcor takeover plans

Competition watchdog scrutinizes Amcor takeover plans

By Rory Harrington

The Australian competition watchdog confirmed it is probing Amcor’s proposed takeover of packaging company Aperio Group to see if the deal would damage competition in the domestic market.

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