Princes' Appetite for Expansion Signals Consolidation in Food Sector The UK based food and drinks group Princes has sent a clear signal that it's seeking growth through acquisitions, with plans to close at least one deal in the next couple of months.
This move is part of a larger trend of consolidation in the industry, as major players seek to expand their market share through strategic mergers and acquisitions.
Princes' underlying profits have been rising steadily, driven by the addition of new businesses such as Italian baby food company Plasmon, which was acquired from Kraft Heinz last year.