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A COMPANY that supplies dairy ingredients with a site in Chester has announced a new strategic partnership with a German firm. Meadow Foods has announced a strategic partnership with Herza Schokolade which will see Meadow Foods distribute Herza’s range of products to customers across the UK. Herza Schokolade, based in Hamburg, is a leading producer of functional chocolate and compounds for use in food manufacturing. Herza manufactures functional chocolate and compound ingredients for use in ice cream, muesli, bake mixes, confections and dairy products. Herza’s products compliment the existing range of inclusions offered by Nimbus Foods, which was acquired by Meadow Foods in 2019, allowing both businesses to extend their ranges and capabilities to UK customers. ....
By Edward Devlin2021-02-04T16:38:00+00:00 Reports indicate a £1.5bn price tag on Valeo Foods – but is the timing right for a sale? Timing is everything. And CapVest may have picked the perfect moment to hire bankers to attempt a sale of Valeo Foods. Momentum is picking up in M&A activity, valuations are high, private equity is cash rich, debt markets are favourable and Covid has put the wind behind the sails of large consumer groups. If reports are accurate, advisor Goldman Sachs is hoping to hang a €1.7bn (£1.5bn) price tag on the ambient food group behind brands as diverse as Kettle, Rowse, Jacob’s and Balconi. ....
Meadow Foods forges partnership with Herza Schokolade Dairy ingredients group Meadow Foods has forged a strategic partnership with Germany s Herza Schokolade enabling it to distribute Herza’s range of products to manufacturing customers in the UK. Herza Schokolade, based in Hamburg, Germany, is a leading producer of functional chocolate and compounds for use in food manufacturing. It makes functional chocolate and compound ingredients for use in ice cream, muesli, bake mixes, confections, desserts, snacks and dairy products. Meadow Foods said Herza’s products complemented the existing range of inclusions offered by its subsidiary Nimbus Foods, which it acquired in 2019, allowing both businesses to extend their ranges and capabilities to UK customers. ....