All articles by Ed Devlin – Page 159
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NewsNestlé target Hain out of running for Meridian stake
Hain Celestial is understood to be out of the running for nut butter brand Meridian as the wider group becomes a multi-billion dollar target for Nestlé.
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NewsSauce start-up Capsicana looks to the crowd to fund retail growth
Sauce start-up Capsicana is aiming to raise £300,000 when it launches a crowdfunding campaign this week to tap growing demand for Latin American flavours.
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NewsProtein energy brand Bounce seeks buyer to drive global growth
Protein energy ball brand Bounce Foods is seeking external investment to help continue its international rollout
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NewsIan Macleod agrees £80m refinancing
Family-owned whisky distiller Ian Macleod Distillers has agreed an £80m refinancing for its next phase of growth
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NewsPipers hires advisers to lay ground for sale
Fast-growing premium snack brand Pipers Crisps is eyeing up potential acquisition targets
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NewsAdult soft drinks startup Nix & Kix backed by big hitters
The adult soft drinks start-up Nix & Kix has secured almost £500,000 to raise brand awareness and expand its team…
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NewsMedia Bites 16 November: Premier Foods, Tesco/Booker, P&G, wonky fruit
A recovery in the second quarter at Premier Foods delighted the newspapers yesterday.
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NewsCity snapshot: P&G admits activist investor Nelson Peltz ahead in proxy vote recount
The proxy battle at Procter & Gamble took another dramatic turn last night as activist investor Nelson Peltz looked to have won a seat on the board of the Oral-B maker, despite the US consumer goods giant claiming victory just a few weeks ago. Plus, CMA clear Just Eat acquisition of Hungry House.
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NewsSamworth Bros hires former Kerry Foods CEO Flor Healy as new boss
The Ginsters and Soreen owner has been without an official CEO since Alex Knight left the family-owned business in March
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NewsTesco £3.7bn Booker takeover gets green light from CMA
The UK’s competition regulators are sensationally set to approve Tesco’s £3.7bn takeover of Booker, without imposing conditions such as selling off hundreds of its stores
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NewsMedia Bites 14 November: Co-op/Nisa, Coca-Cola HBC, Amazon
A green light for the Co-op takeover of Nisa is the main grocery story in this morning’s papers.
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NewsCity snapshot: Tesco £3.7bn Booker takeover gets green light from CMA
The UK’s competition regulators are sensationally set to approve Tesco’s £3.7bn takeover of Booker, without imposing conditions such as a sell off hundreds of its stores. Plus, B&M boosts sales 22% in the first half and announces Sir Terry Leahy is to step down as chairman; Science in Sport has raised £15m in placing; and Kantar and Nielsen latest supermarket market share data.
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News
Tamdhu owner Ian Macleod secures £80m refinancing
Family owned whisky distiller Ian Macleod Distillers, which owns the Tamdhu, Glengoyne and Smokehead brands, has agreed an £80m refinancing to position the business for its next phase of growth.
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NewsDavison Canners wins retail listing for new desserts range
Northern Irish food manufacturer Davison Canners has won supermarket listings for a new range of desserts after securing a £3.1m bank finance package to move all its production in-house, creating 50 new jobs in the process.
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NewsBakkavor cuts valuation to get IPO away
Bakkavor this morning dramatically announced its aborted stock market listing was back on just a week on from pulling its initial flotation after lowering its valuation to get the deal away.
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NewsMoy Park reports 'strong' sales growth in Q3
Revenues at Northern Irish poultry producer Moy Park rose 11.3% to £392.6m in the third quarter on strong volume growth, favourable exchange rate movements and recovery of cost inflation.
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NewsPiccolo babyfood secures DSG £500k to fuel Far East growth
DSG Consumer Partners has invested £500,000 to support Piccolo’s growth ambitions in the UK and expansion outside Europe
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NewsSecond Bakkavor float 'must be sweetened'
Bakkavor will try to float again next year after pulling its London IPO at the 11th hour
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Comment & OpinionSainsbury's first-half results: what the analysts say
Sales at Sainsbury’s jumped 17% to £16.3bn in the first half thanks to the acquisition of Argos, but losses at the catalogue retailer, keeping prices down and the national living wage all dragged down the supermarket’s profits
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NewsMore customers than ever choose Sainsbury's but Argos losses drag on profits
Sales at Sainsbury’s jumped 17% to £16.3bn in the first half thanks to the acquisition of Argos, but losses at the catalogue retailer, keeping prices down and the national living wage all dragged down the supermarket’s profits.