Valeo Foods - the owner of leading Irish consumer brands Batchelors, Odlums, Jacob's biscuits, and Kelkin - has acquired the European business of Kettle Foods from the Campbell Soup Company for around £66m (€73m).

Plastics manufacturing firm One51 said it has received an “indicative and conditional approach” from London-based private equity firm CapVest Partners at €2.50 a share.

Agri-services group Origin Enterprises has stepped up its non-core asset disposal programme by selling its 32% stake in leading consumer foods group, Valeo Foods, for a cash consideration of nearly €87m.