All articles by Ed Devlin – Page 171
-
NewsMedia Bites 1 June: Kantar/Nielsen, Reynolds, Deliveroo
The latest grocery market share data and the rapidly increasing inflation in supermarkets are in focus this morning.
-
NewsCity snapshot: Nisa closes in on £120m refinancing to aid expansion
Nisa Retail is in talks about a £120m refinancing deal as the sector continues to reel from the shockwaves of the proposed Tesco £3.7bn takeover of Booker, according to reports
-
NewsDunbia-Dawn Meats merger 'secures strategic Brexit hedge'
Dunbia CEO Jim Dobson will run the jv, with Dawn Meats CEO Niall Browne acting as executive chairman
-
NewsTwisted Halo set to launch bid for £450k on Seedrs platform
Alcoholic coconut water brand Twisted Halo is set to launch a £450,000 crowdfunding campaign next week
-
NewsRobert Porter-Smith joins backers of smoothie kit newbie Pack'd
Frozen smoothie kit startup Pack’d has secured £350,000 from three investors
-
NewsBritvic’s shares rise despite profits drop
Robinsons owner Britvic has posted a double-digit rise in first half sales, but restructuring costs hit pre-tax profits.
-
NewsDawn Meats and Dunbia form meat giant in UK with joint venture deal
Irish meat processors Dawn Meats and Dunbia have agreed a strategic partnership to establish a majority-owned joint venture comprising of the UK operations of both organisations.
-
NewsMedia Bites 23 May: Sainsbury's, Greencore, Cranswick, Danone
Sainsbury’s is facing criticism from African farmers and the Fairtrade Foundation for stripping the ethical sourcing marque from its own-brand tea bags. Plus, strong results from Greencore and Cranswick.
-
NewsCity snapshot: M&S profits plunge 64% as restructuring costs hit business
Annual profits at Marks & Spencer have fallen by 64% to £176.4m as a costly overhaul of the business hurt the bottom line, clothing sales declined further and like-for-like food sales went into reverse. Plus, half-year results from Britvic and a trading update from Hilton Food Group.
-
NewsSSP Group shares hit all-time high as BlackRock ups its stake
US asset management giant BlackRock has almost doubled its stake in SSP Group to close to 9%, sending shares in the travel food-to-go specialist to record highs.
-
NewsCranswick export push and poultry expansion drives record sales
Growing pork exports to the Far East and soaring poultry sales have fuelled a record year at meat supplier Cranswick.
-
NewsCity snapshot: Greencore revenues soar 46% on 'transformational' Peacocks deal
Revenues and profits soar at sandwich maker Greencore and pork and poultry supplier Cranswick thanks to acquisitions, new business wins and export growth
-
NewsCafédirect targets fruit and herbal tea market with London Tea Co acquisition
Ethical hot beverages producer Cafédirect has expanded its tea portfolio with the acquisition of The London Tea Company from Finlay Beverages for an undisclosed sum
-
NewsCity snapshot: Co-op members target packaging waste and modern slavery at AGM
Co-op members voted overwhelmingly to focus further on tackling modern slavery and packaging waste at this weekend’s Annual General Meeting.
-
NewsMedia Bites 22 May: McColl's, Tesco/Booker, M&S, Unilever, Coca-Cola
McColl’s CEO Jonathan Miller is eyeing a possible takeover of Tesco’s One Stop chain if the supermarket has to sell assets to get its Booker merger passed the CMA. Plus, the papers focus on the upcoming M&S results.
-
NewsFood and drink deal volumes slump as Brexit pressures hit
Food and drink deal volumes have slumped to the lowest level for more than two years in the first quarter of 2017
-
NewsWhitworths bailed out in £15m takeover by Turkish supplier
New Turkish owner Anatolia is “well aware of the challenges facing Whitworths”
-
NewsMedia Bites 19 May: Asda, Marston's, Mintel
Asda’s tentative recovery in its QI results was the main talking point of this morning’s papers …
-
NewsFeel Free collapses as questions raised over finance history
The directors of gluten-free food maker Feel Free are facing bankruptcy proceedings
-
NewsCity snapshot: Feel Free directors facing bankruptcy proceedings
The directors of gluten-free food maker Feel Free, which raised hundreds of thousands of pounds via crowdfunding, are facing bankruptcy proceedings .. while new Turkish owner Anatolia is confident it can turnaround struggling dried fruit and nuts supplier Whitworths, plus all the other city news