MarketLine Blog

Posts tagged to Acquisition

Canopy Growth acquires This Works: Entry into skincare market will pay dividend

MarketLine

This Works was created in 2003 by Beauty Director of Vogue UK and International journalist Kathy Phillips, and has since established an international footprint and become a notable player within the health and beauty industry. The company is headquartered in London and develops products high-quality natural skincare and sleep solutions, which have garnered a loyal following over the years and propelled the company to success. Canopy Growth purchased This Works for £43m ($57.3m) in an all-cash transaction, highlighting the value it sees in the brand. This Works is an ingenious… Read more

CMA blocks Asda Sainsbury’s merger: Ending merger will stifle competition and dissuade future investment

MarketLine

On Wednesday, April 25th 2019 the Competition and Market Authority announced that the proposed merger deal between leading supermarket food retailers, Sainsbury’s and Walmart-owned Asda, would not go ahead. Despite being expected, the decision has shook investors; Sainsbury’s share price fell to a near three-year low on the day of the announcement. It leaves Sainsbury’s CEO Mike Coupe in the unenviable position of having to come up with a strategy for the future of the company as a solo act, a situation made tougher having already invested so much into… Read more

Angling Direct: Attempt to consolidate fishing industry

MarketLine

Angling Direct is the largest specialist fishing tackle and equipment retailer in the UK. The company had humble beginnings, starting as a single tackle shop in the Norfolk Broads. As of 2018, it sells a comprehensive range of over 21,500 fishing tackle products and associated angling paraphernalia, including its successful own brand, ‘Advanta’, launched in March 2016. In July 2017, the company cast off into the Alternative Investment Market (AIM) on the London Stock Exchange, entering the next stage of growth. The initial public offering raised GBP9m ($11.6m) to fund… Read more

Ginkgo Bioworks: Quest to disrupt the biotech space

MarketLine

Ginkgo Bioworks, a Boston-based DNA writer and designer company, launched in 2008, is already one of the largest DNA writers in the world. It is expected to make over $20m in revenue in 2017. Ginkgo’s success is based on an innovative technology that uses yeast as a base to make all kinds of substances, including perfumes, cosmetics and sweeteners, from microbugs. This technology can be used across a whole host of consumer and industrial products, enabling customers to grow rather than manufacture better products. The company is currently working on… Read more

Beyond the pill: Pharma gets digital push

MarketLine

The global pharmaceutical market was worth $946.1bn in 2016, growing with a compound annual growth rate (CAGR) of 6.1% between 2012 and 2016. Healthy market growth and big margins in the traditional pharma industry are attracting a new generation of startup companies, who are using big data, sensors and artificial intelligence to revolutionize the way healthcare is delivered and they are not afraid to compete with the incumbent Big Pharma companies. Emerging digital technologies from the new generation start-ups are reshaping the traditional pharma landscape. By collecting enough data, directly… Read more

Netflix buys Millarworld as it looks to backwards integrate

MarketLine

Online television subscription service Netflix is now a firm fixture in millions of homes across the world. It has enjoyed great success in recent years, adding subscribers en route to becoming a $9bn business. One of the key drivers of this success has been the company’s Netflix Originals shows. These are created by the company itself and provide a USP as the content is exclusive to Netflix. The company is aware of how vital these shows are and continues to develop more. The acquisition of Scottish comic book firm Millarworld… Read more

Tesco-Booker: The Squeeze on Small Businesses

MarketLine

Tesco, one of the largest retailers in the world, is the most dominant supermarket in the UK market. Its recent announcement to merge with Booker was a surprise to all. Booker occupies a very different area of the market, primarily offering bulk-purchase supply to small retailers, both independent and franchised stores under brands it owns, such as Londis and Budgens. At first glance then, this seems an odd target for Tesco; to merge operations with a company whose target market is so different to its own. Indeed, no one considers… Read more

Microsoft: $26.2bn LinkedIn acquisition its largest to date, but deal makes sense

MarketLine

Surrounding this acquisition purchase came many queries questioning the future success of such a transaction. With an alarming price tag attached to the bill, Microsoft acquiring LinkedIn is by far the largest purchase it has made in history. With a pretty poor track record in large acquisitions, (with the exception of Skype of course), it remains to be seen if this one is any different. CEO Satya Nadella has been leading Microsoft since early 2014 and feels it is his job to turn the poor history of buyouts into a… Read more