All articles by Ed Devlin – Page 107
-
NewsMedia Bites 25 May: Weetabix, Hilton Food Group, hospitality
Unions are warning there could be a Weetabix shortage this summer if a “fire and rehire” row leads to strikes.
-
NewsBug flies past £300k crowdfunding target to launch insect recipe kits
Founded in 2018 by Leo Taylor and Aaron Thomas, Bug has ambitions to become the UK’s “go-to” brand for edible insects as it launches a range of recipe kits and insect packs.
-
NewsCity Snapshot: Demand remains strong for Tesco supplier Hilton
Mixed protein supplier Hilton Food Group has made “a strong start” to the year as momentum driven by pandemic tailwinds continued across its global markets. Plus, Kitwave starts trading on the London Stock Exchange following IPO.
-
NewsOatly emphasises UK as it launches $10bn IPO
Plant-based brand Oatly has emphasised the importance of the UK market to its future growth as launched its $10bn New York IPO yesterday
-
NewsMedia Bites 20 May: Pubs, Premier Foods, Just Eat Takeaway
The papers put pubs in the spotlight after big losses yesterday for Mitchells & Butlers and Marston’s as Covid restrictions continue to take a toll.
-
NewsReal Handful secures funding boost as savoury range launches at mults
Healthy snack brand Real Handful has secured a six-figure follow-on funding package to support a host of new listings for its expanded product range of savoury nuts and trail mixes.
-
NewsVirtue Drinks raises £1.1m to fuel further growth
Natural energy drink brand Virtue Drinks has closed a £1.1m funding round to support ongoing growth and expansion in the UK and overseas.
-
NewsCharlie Bigham’s propelled to record year thanks to Covid-fuelled demand
Revenues and profits at Charlie Bigham’s have soared during lockdown as shoppers turned to its posh ready meals to add some variety to dinnertime.
-
NewsCity Snapshot: “Outstanding” year for Premier Foods as shoppers flock to its brands
Premier Foods has revealed an “outstanding” year of growth as the pandemic significantly elevated demand for its household brands. Plus, Marston’s falls to big first-half loss as lockdown smashes sales; Chapel Down appoints former Booker chairman to its board; and Russian retail Lenta acquires Moscow rival.
-
NewsFive Points Brewing smashes £350k crowdfunding target
London craft brewer Five Points Brewing has raised almost £700,000 in its latest crowdfunding round to help with ambitious plans to build a new showcase brewery and taproom.
-
NewsJudith Batchelar to leave Sainsbury’s after 17 years
Batchelar is leaving the supermarket chain to “pursue a range of other interests”
-
NewsDanone drafts Barry Callebaut CEO Antoine de Saint-Affrique as its new boss
De Saint-Affrique, who has led the Swiss chocolate maker and cocoa processor since 2015, will take up his new role on 15 September
-
NewsMedia Bites 18 May: Hospitality, Danone, Costa Coffee
Close to a million people went back to work on Monday in more than 50,000 bars, restaurants and hotels across the UK even as business owners questioned longer term reopening plans given the rapid spread of a new Covid-19 variant.
-
NewsPE house Exponent signs agreement to acquire Gü Puds
The former owner of Quorn signed an agreement last night to acquire the dessert brand from Noble Foods
-
NewsCity Snapshot: Danone set to appoint Barry Callebaut boss as new CEO
French food group Danone is reportedly set to name its new CEO later today following the ousting of Emmanuel Faber earlier in the year.
-
NewsCity News: Analysts react positively to THG/Softbank tie-up
Softbank has provided THG with $730m as part of a $1bn capital raising.
-
NewsMedia Bites 14 May: Kellogg’s, hospitality, McDonald’s, Alibaba
Kellogg’s has promised to cut sugar in its children’s cereals by 10% and salt by 20%.
-
NewsCity Snapshot: Pepco offers share at a discount in upcoming €5bn IPO
Poundland owner Pepco is has set its price in the upcoming Polish IPO at a discount, valuing the budget retail chain at $5bn (£4.3bn).
-
NewsPE house Exponent leading the race to buy £150m-rated Gü
A deal valuing Gü at upwards of £150m is understood to be in the final stages and is hoped to be finalised in the coming days.
-
NewsBain Capital eyes Burton’s Biscuits takeover hot on heels of Valeo deal
The Boston-based investor is among the final suitors for the UK’s second-largest biscuit manufacturer.