Blog posts tagged in Acquisition
IPS, the UK’s market leading co-packing business has announced an agreement to take over FoodPack Limited as from Monday 3rd December 2018. The terms of the agreement, including consideration, have not been disclosed.
IPS is already the market leader in co-packing and by acquiring FoodPack its expanded business is significantly extending the company’s overall service offering. FoodPack operates from an 80,000 sq. ft. facility and 9 acre site in St Helens Lancashire and employs over 150 staff. Turnover in 2018 is over £14 million.
Culina Group has announced the acquisition of Robsons (of Spalding) as from Monday 2nd July 2018. The terms of the agreement have not been disclosed.
The acquisition is a logical next step for both businesses and it made strong commercial sense for Culina Group to bring Robsons (of Spalding) into the family.
Mutual Symbiosis is when two organisms from different species co-exist in a relationship that benefits each individual through the activity of the other.
For example, in Africa, the Oxpecker Bird removes bloodsucking ticks from the hide of a Hippopotamus. Under the ocean, a Clown Fish will keep an Anemone clean from debris in exchange for protection. While on the banks of the Nile the Plover Bird will stand inside the open mouth of a crocodile in order to clean the reptile’s teeth. Better them than me! All of these relationships have been built by each species gaining the trust of the other over many hundreds, if not thousands of years.
Culina Group, the market-leading provider of shared-user FMCG logistics services, has announced an agreement to take over Great Bear Distribution Limited as from Tuesday 1st March 2016. The terms of the agreement, including consideration, have not been disclosed.