Mergers and acquisitions

Wolt co-founder and CEO Miki Kuusi

Tech moves illustrate growing strength of online delivery trend

By Oliver Morrison

Finnish online food delivery platform Wolt has raised over $500m from global investors in news that illustrates continued growth in home delivery for food and drink products is set to be one of the biggest trends of this year.

Schluckwerder was founded in 1956 and produces the 175-year-old Lübecker marzipan brands. Pic: Schluckwerder

Acquisition

Valeo Foods buys Lübecker marzipan owner

By Anthony Myers

Dublin-based Valeo Foods Group has agreed a deal to buy German confectioner Schluckwerder Holding, in a bid to further consolidate its position as a major international food business across the UK, Continental Europe and Ireland.

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