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Friday 20 May 2022

Acquisitions

ComCom concerns over Cold Storage Nelson takeover 16th May 2022 /

ComCom concerns over Cold Storage Nelson takeover

The Commerce Commission has identified concerns around the supply of cold storage in the Waikato and Bay of Plenty region in respect of Lineage Logistics’ proposed acquisition of Cold Storage Nelson.


Good Spirits abandons $27m Nourish Group buy 28th April 2022 /

Good Spirits abandons $27m Nourish Group buy

The deal to acquire the 10-strong national portfolio falls over after failing to attract an equity backer.


Blue Sky suitor Lowe to pay up for pre-offer acquisitions 22nd April 2022 /

Blue Sky suitor Lowe to pay up for pre-offer acquisitions

Blue Sky meats suitor Andrew Lowe is making a top up payment of close to $47,000 for shares he bought prior to launching a formal takeover offer for the Southland meat processor.


Blue Sky takeover acceptances creep higher 19th April 2022 /

Blue Sky takeover acceptances creep higher

Southern Lamb Investment’s proposed takeover of Southland meat processor Blue Sky has backing from shareholders holding 59.27%


OIO clears Ampol’s $2bn Z Energy acquisition 12th April 2022 /

OIO clears Ampol’s $2bn Z Energy acquisition

The Overseas Investment Office has granted Australian fuel retailer Ampol permission to proceed with its $2bn purchase of Z Energy.


Blue Sky bid “unreasonable”, undervalues business 4th April 2022 /

Blue Sky bid “unreasonable”, undervalues business

Independent directors and advisers say Southern Lamb’s $3 offer price falls short of recognising the full value of the Southland meat processor.


Blue Sky offer goes unconditional 1st April 2022 /

Blue Sky offer goes unconditional

Southern Lamb Investments’ takeover offer of Blue Sky Pastures has gone unconditional after receiving more than 50% share acceptances.


Good Spirits delays $27m Nourish acquisition 31st March 2022 /

Good Spirits delays $27m Nourish acquisition

The completion of Auckland pub group Good Spirits Hospitality’s conditional takeover of restaurant owner Nourish Group has been delayed until Q2.


Tofu takeover: ComCom questions Sanitarium sister company’s Chalmers deal 24th March 2022 /

Tofu takeover: ComCom questions Sanitarium sister company’s Chalmers deal

The competition watchdog flags concerns over Life Health Foods’ proposed takeover of plant-based rival Chalmers Organics.


Blue Sky takeover to plug $30m capex gap – investors 10th March 2022 /

Blue Sky takeover to plug $30m capex gap – investors

A $30m capex requirement and a desire for long-term sustainability are the motivations for Blue Sky Pastures investors Scott O’Donnell and Andrew Lowe to launch their takeover offer.


Blue Sky target of takeover 7th March 2022 /

Blue Sky target of takeover

Lamb processing company Blue Sky Meats says it is potentially the target of a takeover.


The Perry Group seeks scale with mānuka honey acquisition 16th February 2022 /

The Perry Group seeks scale with mānuka honey acquisition

The investor expands its new mānuka honey platform with the addition of a second business.


Seeka completes NZ Fruit acquisition 4th February 2022 /

Seeka completes NZ Fruit acquisition

Seeka has completed its acquisition of Gisborne-based New Zealand Fruits in a deal that values the latter at $21m.


Seeka to buy Gisborne business valued at $21m 10th December 2021 /

Seeka to buy Gisborne business valued at $21m

Seeka says it has entered an amalgamation agreement to acquire Gisborne packing business New Zealand Fruits Limited.


Black Hawk owner Ebos makes $1.3bn acquisition 9th December 2021 /

Black Hawk owner Ebos makes $1.3bn acquisition

Healthcare and animal care company Ebos Group is buying Australian peer LifeHealthcare for A$1.17bn ($1.3bn). Ebos, which owns pet food brands Black Hawk and VitaPet, said today that it will MORE »


Who does My Food Bag want to buy? 23rd November 2021 /

Who does My Food Bag want to buy?

CEO Kevin Bowler tells the Ticker what he’s looking for in any acquisition – and it may not have to be in food.


Cookie Time snaps up Em’s Power Cookies 1st November 2021 /

Cookie Time snaps up Em’s Power Cookies

Cookie Time will ramp up distribution of the boutique brand into mainstream grocery retail across the country.


Mrs Rogers cooks up baking expansion with Hill St acquisition 27th October 2021 /

Mrs Rogers cooks up baking expansion with Hill St acquisition

The Auckland herbs and spices manufacturer has expanded into ready-to-make baking mixes with the buy-out.


$1.5bn Ziwi Peak sale in top three 2021 M&A deals 14th October 2021 /

$1.5bn Ziwi Peak sale in top three 2021 M&A deals

Law firm Simpson Grierson’s latest M&A report puts a value of US$1.057bn on FountainVest Partners’ purchase of NZ pet food company Ziwi Peak – the third largest New Zealand deal this year.


Indevin “excited by opportunities” after completing Villa Maria purchase 4th October 2021 /

Indevin “excited by opportunities” after completing Villa Maria purchase

Indevin New Zealand has completed its purchase of 100% of the shares of Villa Maria Estate Limited.


Sportsfuel acquires Nothing Naughty 27th August 2021 /

Sportsfuel acquires Nothing Naughty

Sports nutrition retailer Sportsfuel has bought health food manufacturer Nothing Naughty.


SIO swoops on McCain’s Sara Lee in c.$100m deal 25th August 2021

SIO swoops on McCain’s Sara Lee in c.$100m deal

The Christchurch investor follows its $30m purchase of Original Foods by acquiring the iconic dessert maker.


Me Today shareholders sign off $36m King Honey deal 28th June 2021 /

Me Today shareholders sign off $36m King Honey deal

Me Today shareholders have approved the $36m purchase of King Honey with an overwhelming 99.99% vote in favour.


$30m and counting – Christchurch PE firm makes debut food investment 10th June 2021 /

$30m and counting – Christchurch PE firm makes debut food investment

South Island Office invests $30m in its first food acquisition and says there are more deals in the pipeline.


Me Today adds King Honey with $36m deal 1st June 2021 /

Me Today adds King Honey with $36m deal

Healthcare company Me Today has expanded its existing lifestyle, health and wellness businesses with the $36m purchase of manuka honey producer King Honey from Sky TV co-founder Terry Jarvis.


“The world’s our oyster” – Natural Pet Food’s Neil Hinton on KKR deal 14th May 2021 /

“The world’s our oyster” – Natural Pet Food’s Neil Hinton on KKR deal

The CEO says global investor KKR will accelerate the premium pet food firm’s international expansion.


KKR acquires Natural Pet Food Group 4th May 2021 /

KKR acquires Natural Pet Food Group

The deal sees Pioneer Capital exit and the food company fuelled to grow globally.


Talley’s buys Dairyworks’ Deep South ice cream 20th October 2020

Talley’s buys Dairyworks’ Deep South ice cream

Dairyworks has sold its Deep South ice cream brand to seafood giant Talley’s for an undisclosed sum.


Gallo Winery buys Nobilo for $202m 30th June 2020 /

Gallo Winery buys Nobilo for $202m

California-based Gallo Winery has bought New Zealand wine brand Nobilo for $202m from US owner Constellation Brands. Gallo Winery is one of the largest family-owned wineries in the world with MORE »