All articles by Ed Devlin – Page 16
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Media Bites 22 July: CrowdStrike, Prime, John Lewis, Ocado
A packed weekend in the papers is led by the IT outages hitting systems around the globe on Friday
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Media Bites 18 July: Amazon, Pernod Ricard, Meatly
A bid to force Amazon to recognise a union for the first time in the UK has failed
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CapVest closing in on Butcher’s Pet Care buyout
The Grocer has learned that CapVest is the last remaining party in the long-running auction being conducted for the petfood maker by investment bank Houlihan Lokey
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Pets Choice expands premium range with acquisition of plant-based petcare brand Hownd
Hownd offers a range of plant-based wet and dry dogfood, wellness treats and cruelty-free certified petcare products, such as shampoo and ear cleaner
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Coca-Cola HBC agrees $130m loan for Egyptian projects
The loan from the European Bank of Reconstruction & Development will further the London-listed group’s investment in people development and sustainable business practices in Egypt
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GrowUp Farms bags £38m investment to meet demand for vertically farmed salads
The cash will help GrowUp expand capacity at its vertical farm in Kent, support the Unbeleafable and Fresh Leaf Co brands, and drive R&D at the Leaf Lab site in Cambridge
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Regal Foods expands desserts offering with Love Cheesecakes deal
Regal Food Products has bolstered its chilled desserts offering with the acquisition of artisan cheesecake maker Love Cheesecakes
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City snapshot: Pernod Ricard offloads international wine brands to Accolade Wines owner
Pernod Ricard has agreed to sell its portfolio of international wine brands to the owner of Accolade Wines. Plus, food and drink inflation falls again and Meatly receives regulatory clearance to sell cultivated meat for pet food in the UK
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Better Nature appoints co-CEOs to lead next stage of growth
Tempeh startup Better Nature has changed its management structure with co-founder Elin Roberts stepping up as co-CEO
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Botivo raises £900k to scale 0% botanical drink
Non-alcoholic aperitivo startup Botivo has closed a six-figure funding round to support UK and international expansion
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Media Bites 16 July: Ocado, Brexit
Investors in Ocado suffered fresh losses as City analysts questioned whether the online grocer should remain a listed company
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City snapshot: Tesco eyes another £1bn in Finest sales
Tesco is aiming to boost sales of its upmarket Finest own label range by an extra £1bn as it targets winning customers from Waitrose and Marks & Spencer
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Coffee prices to soar to new heights, Lavazza warns
Coffee prices are on course to rise further from current record highs as poor harvests, supply chain disruptions and new EU deforestation regulations continue to hammer roasters, Italian group Lavazza warned
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Media Bites 11 July: SSP, Wetherspoons, Body Shop
A good day for SSP and Wetherspoons chairman Tim Martin calling for chancellor Rachel Reeves to slash taxes make the papers today
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Crowdfunding platform Seedrs rebrands as Republic Europe
Crowdfunding platform Seedrs has rebranded as Republic Europe following a takeover by a US-based financial technology firm
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OSY Group scores further Innovate UK backing for shelf life extending tech
Food tech firm OSY Group has received a five-figure grant to accelerate growth for its flagship technology to increase the shelf life of fresh produce
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French baker secures UK presence with takeover at Village Bakery
M&S bread supplier Village Bakery has been acquired by French family bakery group Menissez
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Holland & Barrett transformation boosts revenues but drags on profitability
Holland & Barrett has boosted revenues by £81m as an ongoing transformation plan attracted more customers to its stores, but losses at the health and wellness retailer widened
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JimJams raises £300k to target expansion in foodservice and out-of-home
Chocolate spreads challenger JimJams has secured six-figure backing to support the next stage of growth as it expands its reach into the foodservice channel
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City snapshot: SSP Group on track as reduced industrial action helps lift Q3 sales
The Upper Crust operator said in a trading update that it had started the second half of its financial year “well”, with positive momentum from the first six months continuing in Q3