Private equity giant Carlyle Group has purchased Accolade, Australia's biggest winemaker, and Canadian firm Saputo got the green light to buy farmer-owned dairy cooperative Murray Goulburn. Global player Ahold Delhaize announced changes at the top and Aldi invests in a supplier development programme in Ireland. Enjoy the read!




Friday, 06 April 2018





Hello ,

Private equity giant Carlyle Group has purchased Accolade, Australia's biggest winemaker, and Canadian firm Saputo got the green light to buy farmer-owned dairy cooperative Murray Goulburn. Global player Ahold Delhaize announced changes at the top and Aldi invests in a supplier development programme in Ireland. Enjoy the read!




Asia & Australia


Deals Down Under ▪ US buyout firm Carlyle will purchase Adelaide-based Accolade Wines for A$ 1 billion. This comes as Australia's wine exporters struggle to keep up with growing demand from China. Meanwhile, the sale of dairy cooperative Murray Goulburn to Canadian milk company Saputo has been approved by shareholders.



Growth plans revealed ▪ Ikea announced that it will open more than 30 new stores across Australia in the next 20 years. The Swedish furniture giant now has around 4,000 employees in the country but has the target of growing to 16,000 as the expansion rolls out, and will also build a manufacturing facility.



Exits and entries ▪ Spanish grocer Dia plans to leave China and sell its local stores to a unit of Chinese retailer Suning Group. South Korea's Shinsegae will take its supermarket brand PK Market to the US next year in a bid to sell "Asian groceries that can attract American citizens."



Battle of the titans ▪ Alibaba is reportedly set to invest in Singapore-based ride-hailing firm Grab. Competitor Tencent follows a similar strategy as one of its businesses will acquire bike-sharing company Mobike. Joining the battleground, US heavyweight Walmart stopped to accept Alipay (Paywall) in some of its Chinese stores to promote Tencent's WeChat Pay instead.




Europe


Leadership change ▪ Dick Boer is stepping down as chief executive of Ahold Delhaize in July after 20 years with the company. His deputy and chief integration officer, Frans Muller, will take over. Boer will remain available as an advisor to the retailer until mid-2019.



Innovative moves ▪ Sainsbury’s is reportedly considering a takeover of the embattled maternity and babywear chain Mothercare. The UK’s second largest supermarket is also in the process to introduce a mobile app for checkout-less shopping as part of its mission to keep up with customer habits.



Buying Irish ▪ Aldi is investing EUR 500,000 in a new supplier development programme in Ireland that will give local food and drink companies the chance to secure long-term contracts with the German discounter. 'Grow with Aldi' is seeking applications from Irish suppliers nationwide.




US & Canada


Focus on food service ▪ Albertsons plans to roll out meal kits from Plated, which the US grocer acquired in 2017, to hundreds of its stores this year. Fellow retailer Kroger is ready to open its second Kitchen 1883 restaurant. It will be located in the greater Cincinnati area as a stand-alone unit.



Fresh expansion ▪ Sprouts Farmers Market aims to open 13 new stores in nine states, including Pennsylvania, South Carolina and Washington. The Arizona-based organic supermarket chain, which offers fresh produce, meat and seafood, currently operates almost 300 outlets in 16 states.




And the winner is ...


Customer benchmarks ▪ US grocer Wegmans delivers the best shopping experience. That is according to the 2018 Temkin Rating, which is based on a survey of 10,000 consumers. H-E-B and Publix earned second highest scores. Aldi and Wawa Food Markets also ranked in the top 10.



Hidden high flyers ▪ LZ Retailytics has identified ten European grocery retailers outside the top 40 ranking who are significantly outgrowing their much larger competitors. These hidden gems are together forecasted to beat even the top ten when it comes to format growth rates.