Snacktime and Uvenco takeover bid ends

News has just reached us at Planet Vending that Uvenco’s potential takeover of Snacktime, as reported previously on PV,  has collapsed as Uvenco and Snacktime can’t agree a deal. Snacktime has reported that it will instead renew it’s review of Drinkmaster, ruling out other takeover possibilities, with a possible divestment of their sealed cup operation. Shares of Snacktime PLC have plummeted as a result of the end of the talks.

During our recent exclusive interview with Uvenco CEO Sergey Kornienko, he revealed that they weren’t just looking at Snacktime but had other potential businesses in mind. Where will they turn their attention to next, as we’re sure they won’t be turning their interest away from the UK anytime soon?

About the author

Yvonne Reynolds-Young

Planet Vending’s MD and Publisher is Yvonne Reynolds-Young. An island of corporate common sense surrounded by oceans of creative madness, Yvonne is the person to call if your intention is to make something happen. (She controls all the diaries and all the money, FYI). She’s also our Social Media Queen, single-handedly responsible for building PVs presence on LinkedIn, FaceBook and Twitter and thereby driving record volumes of traffic onto the site.

‘Customer service is my responsibility and it’s my job to make sure we’re always ahead of deadlines’ she says. ‘My background in big business means I speak the same language as our corporate clients and understand the particular pressures they face when working in the vending arena.’

Get Your Friday Fix

Subscribe to our email updates and get the latest vending news directly to your inbox every Friday afternoon. Simples!

Follow us on Twitter

Welcome to Planet Vending's weekly update. Vending, Automated Retail and Office news and views. - http://eepurl.com/eexMpnP9fa

Welcome to Planet Vending's weekly update. Vending, Automated Retail and Office news and views. - http://eepurl.com/XrJod44LGk

Load More

Always Supporting

vendex logo