SnackTime Confirms Approach From Uvenco UK

We said in our report of October 2 last that The Russians Are Coming…

Reports proliferate in the written and on-line business press this morning that Uvenco UK have ‘made a bid approach’ to SnackTime. According to the Daily Express, SnackTime’s share price has rocketed almost 33% on the strength of the proposed acquisition.

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Blair Jenkins

 

The Uvenco (UK) bid is being led by Blair Jenkins, the former SnackTime boss.

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The Daily Telegraph has also run the story, together with the web site Stock Market Wire.

We’ll bring you more when we have it. Meanwhile, get yourself up to speed by reading our original story here

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Planet Vending’s Editor is Ian Reynolds-Young and it’s Ian’s unique writing talent that has made PV what it is today – the best read (red) vending blog in the world, and vending’s best read (reed). Ian ‘tripped and fell into vending’, in the capacity of PR executive, before launching a specialist agency, ‘reynoldscopy’, dedicated to the UK Vending business. The company continues to represent the interests of many of the sector’s leading brands.

‘It’s all about telling stories’, he says. ‘We want to make every visit to PV a rewarding experience. By celebrating the achievements of the UK’s operating companies, we’re on a mission to debunk the idea that vending is retailing’s poor relation.’

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