US Spirits Maker Sazerac Launches Takeover Bid For Germany's Berentzen
US spirits maker Sazerac has launched a takeover offer for all shares of beverage firm Berentzen for €5.55 apiece.
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Belgian shoe retailer Torfs acquires Dutch online fashion platform The Little Green Bag
Schoenen Torfs is acquiring a majority stake in the Dutch online fashion platform The Little Green Bag. With this acquisition, the Belgian shoe retailer aims to build a portfolio…
Berentzen Shares Soar As Sazerac Explores Takeover Of German Schnapps Maker
Shares in Berentzen jumped about 22% to a 14-month high following news the German schnapps maker was the latest target in an acquisition drive by top spiri...
India’s LT Foods buys out Kameda Seika from JV
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Sazerac Acquires Au Vodka For More Than £300 Million, Source Says
Spirits company Sazerac has completed the acquisition of Au Vodka in a deal that a source familiar with the matter said valued the UK-based vodka and ready...
Colgate-Palmolive Seeks To Divest Some Personal Care Brands, Sources Say
Colgate-Palmolive is exploring a sale of certain mass-market personal care brands, including Softsoap, Irish Spring and Speed Stick, sources familiar with...
Powersheds strengthens Irish expansion with Expect Distribution partnership
Discover what's happening in retail today, Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and much more…
Aldi Süd acquires stake in Philippine discounter
Aldi Süd is acquiring a minority stake in the Philippine supermarket chain Dali. With this move, the discount retailer is taking a new step in Asia, where the company has so far…
Poundland owner launches auction just over a year after £1 takeover
Gordon Brothers has kicked off a formal sale process for Poundland, hiring advisory firm Alvarez & Marsal to sound out potential buyers. Little more than a year after snapping up…
Berglandmilch in talks over “merger” with Austrian rival
Berglandmilch is in negotiations over a possible “merger” with fellow Austrian dairy group Obersteirische Molkerei. The post Berglandmilch in talks over “merger” with Austrian…
Pernod Ricard fears the U.S. slump will last for years
The downturn in the spirits market in the United States and China is hitting Pernod Ricard hard. Revenue fell by 14.2% last fiscal year, and net income dropped by as much as 26%…
Bubs manufacturer wants to buy Dutch candy maker as Swedish candy goes viral
The Swedish company Orkla Snacks wants to acquire The European Candy Group. By acquiring this Dutch candy manufacturer, Orkla will gain additional production capacity, now that…