Nike enters Metaverse, acquiring collectibles studio RTFKT

Introduction On November 13th, 2021, Nike announced the acquisition of RTFKT, a creator-led organization producing digital artifacts, in particular sneakers, backed by NFTs. The deal would allow Nike to exploit the possibilities of the metaverse, leveraging RTFKT’s expertise and community. As announced by the CEO, this transaction serves Nike’s digital transformation objective, and it is the … Continue reading Nike enters Metaverse, acquiring collectibles studio RTFKT

Birkenstock – LVMH Deal of €4bn

Introduction: LVMH-backed L-Catterton and the LVMH controlling shareholder Financière Agache agree to acquire German footwear group Birkenstock for €4bn. The deal marks LVMH’s strong start to 2021 right after the closing of the Tiffany & Co. acquisition on the 7th of January. Companies' overview:   LVMH  Moët Hennessy Louis Vuitton known as LVMH is a French luxury group comprising 75 “Houses” 1) creating high-end products. The company was formed in … Continue reading Birkenstock – LVMH Deal of €4bn

Uber enters the alcohol delivery business in a $1.1bn deal

Introduction: On the 2nd of February 2021, it was announced that Uber Technologies Inc agreed to acquire Drizly Inc for $1.1 billion. The deal is expected to be completed within the first half of 2021 after regulatory approval and other closing conditions. Consequently, Drizly will eventually be integrated into Uber Eats. Companies' overview: Target: Drizly … Continue reading Uber enters the alcohol delivery business in a $1.1bn deal

Just Eat – Takeaway.com: All-share or all-cash offer

Introduction: On February 3rd 2020, Takeaway.com acquired Just Eat PLC for €6.5bn, creating the largest food delivery platform outside of China under the name of Just Eat Takeaway.com NV, with a pro forma €1.2bn in revenues. Industry Overview: Ever since Pizza Hut launched its online pizza ordering service back in 1994, the online food delivery … Continue reading Just Eat – Takeaway.com: All-share or all-cash offer

VF Corp acquires Supreme: $2.1bn

Introduction:  The clothing conglomerate VF and Supreme have recently announced that they have signed a definitive merger agreement. The acquisition follows a long-lasting collaboration between VF and Supreme, wherein Supreme worked together with VF’s brands such as Vans, The North Face and Timberland on a number of occasions. The announced deal, which is estimated to close by … Continue reading VF Corp acquires Supreme: $2.1bn

Navigating through COVID-19: R&CGs Analysis

Industry Overview The retail and consumer goods sector covers both manufacturing and distribution as well as providing services to customers. Since it is a broad industry including multiple sub-sectors it is crucial to point out that there are multiple sub-sectors that might itself be substantial in size. Some examples of these sub-sectors include Automotive, Food … Continue reading Navigating through COVID-19: R&CGs Analysis

Searching for the Milky Way: Parmalat acquires Kraft-Heinz’s Canadian natural cheese division for $1.62 billion CAD

The Consumer Retail and Real Estate division presents the following article which aims to better comprehend the recently announced agreement between two prominent players in the food and beverage industry: Kraft-Heinz and Parmalat. On the 6th of November 2018, the Italian multinational dairy and food corporation, Parmalat, definitively agreed to acquire Kraft-Heinz’s Canadian natural cheese … Continue reading Searching for the Milky Way: Parmalat acquires Kraft-Heinz’s Canadian natural cheese division for $1.62 billion CAD

Ferrero is back with a Sweet Acquisition

On January 16th  2018, Ferrero, announced that it will acquire the confectionery business of Nestle in the US for $2.8 billion. The deal makes Ferrero the third-biggest firm in the confectionery market in the US, according to Euromonitor. The unit acquired generated $900 million in sales during 2017 for the Swiss-based company. Ferrero will own … Continue reading Ferrero is back with a Sweet Acquisition