All articles by Ed Devlin – Page 17
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NewsMedia Bites 10 July: sugar tax, coffee prices, business confidence
The sugar tax led children’s sugar intake to fall by almost one teaspoon per day, according to a study picked up in today’s papers
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NewsMedia Bites 9 July: Britvic/Carlsberg, Asda, tea prices
An agreement between Carlsberg and Britvic on a £3.3bn takeover makes headlines in today’s papers
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NewsBoundless bags £1.5m investment to cement position in gut health snacking
Cathy Moseley founded the business in 2017, launching a range of ‘activated’ crisps, nuts and seeds aimed at improving gut health
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NewsCarlsberg to buy Britvic in £3.3bn deal
The deal will see Britvic shareholders receive a 36% premium for their shares
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NewsCity snapshot: Carlsberg agrees £3.3bn takeover offer with Britvic
Carlsberg has struck a deal to buy Britvic for £3.3bn as the soft drinks group agreed to a renewed higher offer from the Danish brewer. Plus, a Q3 trading update from Britvic and Ocado continues to expand its partnership with Japan’s Aeon
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NewsVillage Bakery set for imminent sale
A buyout at premium own-label bread maker Village Bakery is nearing a conclusion, with a European trade player set to announce a deal within days, The Grocer has learned
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NewsMedia Bites 4 July: General election, Tesco, Diageo
As Britain heads to the polls, the papers are dominated by the general election
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NewsBig Drop readies £450k crowdfunding round to fuel licence brewing model
Alcohol-free brewer Big Drop is getting ready to return to the crowd to support plans for further on-trade listings and to expand its licence brewing model internationally
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NewsThe Cheeky Panda plans for growth as it achieves profitability
Eco toilet paper challenger The Cheeky Panda has bounced back into the black and is in a “terrific position for growth” in 2024
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NewsLuna Daily secures funding from Unilever Ventures
The feminine hygiene brand has secured backing from Unilever’s venture capital arm to support an expansion of its product range
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NewsCity snapshot: Sainsbury’s named Grocer of the Year at Gold Awards 2024
Sainsbury’s has taken home the prestigious Grocer of the Year prize at the Grocer Gold Awards 2024
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NewsHaribo boosts sales 24% as it wins record market share
Haribo has sweetened its top line as continued demand for its products pushed market share to a new record
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NewsMedia Bites 2 July: Boots, inflation, Amazon
Boots managing director Sebastian James insists his departure has nothing to do with the shelving of plans to float the business by its American owner
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NewsCity snapshot: Boots boss Sebastian James to leave as IPO process stalls again
Boots has kicked off a search for a new boss to replace Sebastian James, who is leaving in November as renewed attempts by US owner Walgreens Boots Alliance to sell or float the UK high street pharmacy chain stalled once again
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NewsMedia Bites 27 June: Deliveroo, Haleon, Brexit
Shares in the UK food delivery company Deliveroo rose after reports reveal US rival Doordash held takeover talks with the business
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NewsThis valuation plummets and founders take cash off the table
The £20m Series C round valued This at just £50m, a significant fall from a £150m valuation during the Series B fundraising in 2022, The Grocer has learned
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NewsNojo hires former Wholegood boss Martin Sandler as MD to lead growth push
Nojo has appointed former Wholegood boss Sandler as its first-ever managing director as the sauce challenger brand looks to ramp up distribution and grow more rapidly
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NewsCity snapshot: Revenues plunge on Nigerian currency woes but PZ Cussons holds full-year profit guidance
PZ Cussons has maintained its profits guidance for the year despite the currency in its troubled Nigerian market tanking further since a third-quarter trading update in April
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NewsJamJar enters soft drinks for first time since Innocent days in £4m Xoxo investment round
The fmcg investment firm set up by the founders of Innocent have made their first venture into soft drinks, backing gut health soda startup Xoxo
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NewsMedia Bites 25 June: C&C Group, Britvic/Carlsberg, Ocado, THG
C&C Group have been urged to considering selling up, while Carlsberg’s pursuit of Britvic continues to make headlines