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The Compleat Food Group acquires Greencore soup and sauce facility in Bristol, UK
Greencore has taken a major step toward securing regulatory approval for its proposed acquisition of Bakkavor by entering an agreement to sell its Bristol chilled soups and sauces facility to The Compleat Food Group.
Greencore and Bakkavor deal closer to completion as CMA's concerns addressed
To resolve the CMA’s concerns, the businesses offered remedies – specifically, Greencore offered to sell its only chilled sauce and soups manufacturing plant in Bristol, UK.
Greencore-Bakkavor merger faces antitrust scrutiny in the UK
The CMA indicated the merger could reduce competition in the supply of own-label chilled sauces, positioning the combined entity as one of the largest UK suppliers.
CMA opens investigation into Greencore and Bakkavor merger
The Competition and Markets Authority (CMA) has initiated an inquiry into the proposed acquisition of Bakkavor Group by Greencore Group, a significant move in the UK food manufacturing sector.
Bakkavor announces extension of Greencore merger deal deadline
The deadline for Greencore's acquisition of Bakkavor has been extended after an initial agreement in principle for the £1.2 billion deal announced earlier this month.