Dutch mushroom producer Heveco is to sell or close down its UK division after it recorded losses of €5m last year. CEO Jan Stadig believes that the Dutch division could still be profitable, but the UK... [more]

The sale of St Hubert, the spread business currently owned by UK-llisted food group Uniq, could fetch as much as EUR 400m according to sources. There have reportedly been 15 first round bids submitted... [more]

Cadbury Schweppes may pursue acquisitions or sell beverage operations, according to reports. Analysts expect that the company will sell its beverage unit given that its main core business is sweets an... [more]

Northern Foods has sold NFT Distribution, the Alfreton-based transport business with 1,200 staff, to a management buy-out backed by Phoenix Equity Partners for £51.2m. NFT's existing managing director... [more]

Unilever, the UK-listed consumer retail group, may find itself pressurised to dispose of its food division according to reports. A Citigroup note advised clients that sustained under-performing result... [more]

Chocolate retailer Thorntons could be broken up by Icelandic Baugur, which is in early stage of talks to buy the company. If Baugur succeeds it plans to sell the Derbyshire factory. Thorntons has i... [more]

Pan Fish, the listed Norwegian fishing company, rejects speculation that its merger with private Dutch fish-farmer, Marine Harvest, could be stopped by UK competition authorities wish to investigate t... [more]

Northern Foods, the UK-listed comestibles group, has hired KPMG Corporate Finance to handle the disposal of some of its assets, it has been reported. The Smiths' business, which mills flour, and the s... [more]

Zetar is to acquire Humdinger, the Hull-based dried fruit supplier whose clients include Tesco, Sainsbury's, Asda and Morrisons, for up to £13m. The deal consists of an initial £10m, with a further £3... [more]

Cadbury Schweppes, the UK-based confectionery and beverage company, is tipped to sell or spin off its beverage division at some point in the future. Cadbruy's has a market capitalisation of $19.8bn. ... [more]

Robert Wiseman Dairies is to acquire the Newlands Farm fresh milk business, including dairies at Pensilva and Okehampton, from Milk Link for £5.5m. Combined, the two businesses sell 32m litres of milk... [more]

The appointment of John von Spreckelsen as the new chairman of chocolatier Thorntons has prompted speculation that the company could be put up for sale. Spreckelsen, the former Somerfield chairman, ha... [more]

Pan Fish, the Norwegian fish farming company, may have to dispose of some of its UK businesses to satisfy the OFT following its merger. The merger will make Pan Fish the world's largest fish farming c... [more]

Northern Foods, the UK-listed food company, has confirmed that it will dispose of non-core assets and has indicated that it hopes to fetch £200m from the sale. The company named NFT distribution and S... [more]

The private equity group CapVest, owned by frozen seafood business Youngs Bluecrest, is tipped to form a consortium to bid for Unilever's frozen food businesses, Birds Eye and Iglo, which are up for s... [more]

Northern Foods is understood to have been in talks with several financial advisers regarding the sale of some of its bakery businesses. The company, which manufactures supermarket branded goods includ... [more]

Brake Bros, the UK-based food service company owned by Clayton Dubilier Rice, will be sold by the end of this year or early next year according to sources. An imminent sale, as previously reported, is... [more]

Richmond Foods, the ice cream manufacturer with 850 staff, is to be acquired by private equity firm Oaktree Capital Management for £182m. If shareholders approve the deal they will get 750 pence for e... [more]

NYSE listed Campbell Soup Company has released the Information Memorandum regarding the sale of its UK and Ireland businesses. No bidders have been confirmed as yet, although Premier Foods, AB Foods a... [more]

Brake Bros, the UK-based food service company, may be sold for £1bn by US private equity company Clayton Dubilier Rice. The company acquired Brake Bros in 2002 for £434m. ... [more]