UK retailer Morrisons beat off fierce competition from Asda to purchase convenience store chain McColl’s, which had entered administration. This represents a key move for Morrisons, as McColl’s will be […]
jeu 16/06/2022 by Richard Wilkinson
UK retailer Morrisons beat off fierce competition from Asda to purchase convenience store chain McColl’s, which had entered administration.
jeu 19/05/2022 by Richard Wilkinson
Chilean holding company Cencosud has reached an agreement to buy 67% of the premium supermarket The Fresh Market (TFM), which will allow it to enter the US market. Matías Videla, […]
lun 16/05/2022 by Richard Wilkinson
An agreement has been reached for Hortifrut to purchase Atlantic Blue, a Spanish leader in the development, production and marketing of berries in Europe and Northern Africa. The deal will […]
mar 26/10/2021 by Richard Wilkinson
On the day the Dole Plc shares debuted, their value dropped by over 6%, giving the firm a valuation of just below US$1.4 billion. Dole Food and Total Produce formally […]
lun 09/08/2021 by Richard Wilkinson
Acquisition of exotics supplier solidifies Westfalia’s European presence
mar 26/01/2021 by Richard Wilkinson
Photo: Réussir Fruits et Légumes
France’s government has opposed the proposed €16.2 billion takeover of French supermarket chain Carrefour by Canadian convenience store group Couche-Tard, according to Reuters. Labour Minister Elisabeth Borne said Thursday on […]
mer 20/01/2021 by Richard Wilkinson
The planned £6.8 billion takeover of Asda by the Issa brothers and private equity firm TDR Capital is the subject of a probe by the UK’s competition watchdog (CMA), after […]
mer 16/12/2020 by Richard Wilkinson
Online retail giant Alibaba has acquired a controlling stake in leading Chinese hypermarket and supermarket operator Sun Art Retail Group. As Retail Gazette reports, the move, costing approximately US$3.6 billion, […]
mer 28/10/2020 by Richard Wilkinson
Evelyn Simak (geograph.org.uk)
Asda’s new owner EG Group seeks to reassure shareholders following its auditor Deloitte’s unexpected resignation. The separation is understood to be partly due to concerns regarding a lack of independent […]
mer 21/10/2020 by Richard Wilkinson
Walmart has sold its majority stake in Asda in a deal that values the UK supermarket chain at £6.8 billion.
jeu 15/10/2020 by Richard Wilkinson
