Friday 26 April 2024
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Companies

Selecta sells Selecta Finland after the acquisition of Pelican Rouge

Desk3 -
Baker McKenzie advised Selecta AG (“Selecta”), a leading European vending and coffee services provider on its sale of Selecta Finland to JOBmeal. This was...
Chocolate

Nestlé agrees to sell U.S. confectionery business to Italian Ferrero

Desk3 -
VEVEY, Switzerland – Nestlé yesterday announced that it agreed to sell its U.S. confectionery business to Ferrero. The transaction is expected to close around the end of the first quarter of 2018 following the completion of customary approvals and closing conditions. Nestlé CEO Mark Schneider commented: "With Ferrero we have found an exceptional home for our U.S. confectionery business ...
Companies

Cott announces update on the UK Competition Markets Authority process

Desk3 -
TORONTO and TAMPA, FL, U.S. – Cott Corporation (NYSE:COT; TSX:BCB) yesterday announced a progress update on the United Kingdom ("UK") Competition Markets Authority ("CMA") process in regards to its previously announced sale of its traditional beverage manufacturing business ("Cott Beverages") to Refresco (Euronext: RFRG) for ...

Autogrill enters into exclusive negotiations to acquire Le CroBag brand

Desk3 -
MILAN, Italy – Autogrill, through its German subsidiary Autogrill Deutschland Gmbh, and Boulangerie Neuhauser S.a.S., a company of the Soufflet Group, announced they entered...
Companies

Tupperware Brands announces sale of Beauticontrol assets to Youngevity

Desk3 -
ORLANDO, Fla., U.S. – Tupperware Brands Corporation  and Youngevity International, Inc. today announced they have reached an agreement whereby Tupperware Brands will sell Beauticontrol...
Companies

Suntory sells Cerebos Food & Instant Coffee business to Kraft Heinz

Desk3 -
Suntory Beverage & Food Ltd (“SBF”) today announced that it has entered into an agreement to sell its Cerebos Food & Instant Coffee business...
Companies

Nottingham online coffee business seeks £1m investment to scale up

Desk3 -
NOTTINGHAM, UK – A Nottingham online coffee subscription business is looking to scale up by looking for £1m of investment. The owner of the Coffee Tasting Club (CTC), which started life as a side-project for digital marketing specialist Boom Online Marketing in Stapleford, says the business is ready to grow and the money will be boost ...
Companies

Brains could be looking to sell its fast expanding Coffee#1 business

Desk3 -
CARDIFF, UK – SA Brain & Co is considering a potential sale of its fast expanding coffee business, Coffee #1. The Cardiff-based and family-owned brewing and hospitality business, has appointed City of London advisory firm Sapient to look at strategic options, including the company only selling a minority stake in the business.
Companies

Luxury shoe brand Jimmy Choo on the block as JAB embraces coffee

Desk3 -
LONDON, UK – On Monday, the luxury shoe brand Jimmy Choo, in which JAB Holdings Corp. owns a 67.6 percent stake, announced that it was putting itself up for sale and looking for buyers. JAB said it considered its holdings in the luxury sector as noncore, given its significant investments in coffee and related areas in recent years.
Companies

Milacron commercializes production for Klear Can, recyclable coffee pods

Desk3 -
Milacron Holdings Corp. has sold both the first Klear Can production system, and the use of the company’s Kortec coinjection technology to make single-use...
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