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As acquisitions rise in the beverage alcohol industry, it's crucial for sellers to thoroughly prepare for the acquisition process. Maria Pearman, CPA, Advisory Partner & Food and Beverage Practice Leader at GHJ, has compiled a set of steps to streamline the acquisition process for sellers, which focus on the following: 💵 Financial Preparation: Ensure clear, GAAP-compliant financials and transparent statements. ⚖️ Legal and Compliance Preparation: Simplify your legal structure, resolve issues, and secure all licenses and IP. 📝 Operational Readiness: Document processes, plan employee transitions, and mitigate risks. Read more here: https://lnkd.in/e8TVT8Z4 #Acquisition #BeverageAlcohol #AcquisitionProcess #SpiritsEducation

It is important to consider all your options when it comes to acquisitions, check out how we helped a food distribution company make decisions that lead to a bigger reward.

Growing your distribution company through acquisition is overwhelming, especially if you don't know what to expect. Read how Maximum Possibilities assisted in the acquisition of a food distribution company and how we helped them prepare, choose accordingly, and consider all options. https://lnkd.in/gNt6Rt9x. #BusinessAcquisitionStrategies #BusinessAcquisitions

GXO Logistics, Inc.' s acquisition of Wincanton is a significant move in the #logistics and #supplychain industry. It signals GXO's intent to expand its footprint and capabilities, particularly in Europe where Wincanton has a strong presence. This acquisition could potentially strengthen GXO's position in key markets, enhance its service offerings, and provide synergies that benefit both companies and their clients. However, as with any acquisition, there are also challenges to navigate, such as integrating operations, cultures, and systems. Overall, it's an interesting development that will likely reshape the competitive landscape in the logistics sector.

Nissui aims to expand chilled business at home through subsidiary mergers Japanese seafood giant Nissui Corp. is looking to expand its chilled food business at home through a merger of its three subsidiaries in the sector, effective as of July 1, the company announced. The group's chilled food businesses process for refrigerated shipping, primarily acting as a supplier to Lawson, one of the largest convenience store chains in Japan. The major products include sushi, onigiri (rice balls), bento and salad. Click below to read the full story from Masahiko Takeuchi. Undercurrent News #Japan

GHJ helps our clients prepare for a transaction - deal structure, tax planning, and quality of earnings preparation. This article underscores how both sides - buyers and sellers - can best prepare, particularly in #beveragealcohol.

GXO Logistics has successfully completed the acquisition of Wincanton following an offering of £6.05 per share, surpassing the bid made by CMA CGM. This incorporation begins a new phase of industry leadership and enhances GXO's capacity in logistics operations. This development positions GXO to consolidate its logistical services on a global scale by merging Wincanton's expertise in the UK and Ireland with its extensive network and technological advancements, aiming to augment service offerings for clients and pursue further growth. GXO projects to achieve roughly £45 million in total annual net cost synergies within three years following the merger. #Acquisition #Logistics #GrowthStrategy

Jahid Ali, Corporate Partner, recently advised Reward Loyalty UK Limited on its acquisition of Hospitality Data Insights, the UK's leading data insights company. This strategic acquisition enhances Reward's market-leading capabilities in customer engagement and commerce media, further solidifying its position as a global leader operating in over 15 markets across the UK, Europe, the Middle East, and Asia. Jahid Ali added: "I’m delighted we could support Reward in this significant transaction. It’s a testament to our team's collaborative efforts and commitment to delivering for our clients under tight timelines." You can read the full article here: https://lnkd.in/gR5T4ZVq Also, to learn more about our Corporate team, click the link below:https://lnkd.in/gGSvDdrK Hasin A. Riann Khan #CorporateLaw #Acquisitions #Corporate

A report by Oghma Partners reveals an increase in merger and acquisition activity in the UK's F&B sector. Deal volume increased in the first four months of 2024 compared to the same period in 2023, reaching the highest levels since T1 2016. #manda #ukbusiness #foodandbeverage #foodindustry

$250m in new business wins help GXO to steady revenue growth Business wins worth an annualised $250m helped global pure play contract logistics player GXO Logistics to a 5.7% y-o-y growth in revenues to $2,456m in the first quarter of 2024. Adjusted EBITDA fell 2.5% y-o-y to $154m, though the company made an operating loss of $39m in the quarter, down from plus $42m in Q1 2023, due to a litigation charge. https://lnkd.in/erMnzxvx