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Florette buys MyFresh Wigan

August 18, 2017

French food processing co-op Agrial, which owns the Florette brand, has acquired the Wigan-based salad arm of MyFresh Prepared Produce in a bid to expand its presence in the convenience and food service sectors. MyFresh Wigan, which produces prepared salads and salad vegetables, employs almost..

Valeant denies bypassing eye-device maker Iconlabs in M&A bid for lens tech

August 18, 2017

After a disastrous two years for Valeant, the company faces a lawsuit alleging it “engaged in willful ignorance” to bypass a would-be partner and acquire intraocular lens technology from a third-party licensee. But Valeant has hit back with its own counterclaim. California’s Iconlabs alleges that..

Singaporean fund and KKR team up for £6bn Unilever spreads bid

August 18, 2017

A state-backed Singaporean fund is joining forces with one of the world’s biggest buyout firms in an effort to trump rivals’ £6bn bids for Unilever’s spreads operations. Sky News has learnt that the Asian city-state’s Government Investment Corporation (GIC) has agreed to back KKR’s interest..

Food industry gives cautious reception to UK-EU customs plan

August 17, 2017

The UK government’s approach for an interim Customs Union to protect business from a ‘cliff edge’ post-Brexit has been given a warm, if cautious, reception from food industry representatives. > Read the full article on the Food Navigator website By Will Chu Source: Food Navigator