business
M&A on horizon at Princes as underlying profits rise
Key takeaways
- The canned food and soft-drinks supplier said its “M&A pipeline remains active”, with the number of options it is assessing increasing.
- The branded and private-label group did not disclose full quarterly accounts but said revenue grew 5.9% year-on-year to £506.6m ($684.5m).
- New businesses added to the group from parent NewPrinces, including Italian baby-food business Plasmon, boosted the UK-listed firm’s top line.
M&A on horizon at Princes as underlying profits rise Dean Best Thu, May 14, 2026 at 7:12 PM GMT+7 3 min read NWL.MI UK food-and-drinks group Princes has said it expects to close “at least one acquisition in the next couple of months”.
The canned food and soft-drinks supplier said its “M&A pipeline remains active”, with the number of options it is assessing increasing.
“Management expects to complete at least one acquisition in the next couple of months, although there can be no certainty regarding timing or completion until definitive agreements are executed and relevant approvals obtained,” Princes said today (14 May) as the company issued a trading update for the first quarter of the year.
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