All articles by Ed Devlin – Page 197
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NewsFinsbury Food confident in face of Brexit uncertainty
Speciality bakery Finsbury Food said the enlarged group was “well equipped” to weather any potential Brexit storm as it reported sales growth of 25% following the integration of Fletchers and Johnstone’s.
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Analysis & FeaturesHeineken UK MD David Forde on Theresa May, Brexit, health and NPD
Heineken UK MD David Forde hopes Theresa May’s agenda on Brexit and obesity will prove refreshing
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NewsBettys & Taylors Group sales up but profit drops to £10m
Bettys & Taylors Group has increased sales 5% to £163.4m despite “competitive pressures” in its core markets
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NewsTags abandons mults plans after Dragons deal falls through
Tags Tasty Crisps has abandoned its goal of bagging national supermarket listings to focus on foodservice
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NewsVitalife in crowdfunding bid for Love Health Hate Waste
It plans to raise £100,000 on Crowdcube to fund a further rollout of the Love Health Hate Waste concept
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NewsCity News: Hotel Chocolat shares boosted by sales rise
A better-than-expected rise in full-year sales injected some life into Hotel Chocolat shares this week
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NewsMedia Bites 15 July: Bayer/Monsanto, Hershey/Mondelez, Steinhoff/Poundland
The papers feature stories on three different takeover sagas, all at different stages with their own hurdles to clear.
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NewsCity snapshot: Steinhoff £600m Poundland bid faces pressure from activist fund manager
Steinhoff’s £600m takeover bid for Poundland has been complicated by an activist hedge fund building up a sizable stake in the beleaguered fixed-priced discounter.
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NewsMindful Chef launches £400k funding campaign
Recipe box start-up Mindful Chef is seeking £400,000 in a crowdfunding campaign to raise the profile of the business.
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NewsWessanen snaps up Mrs Crimble’s gluten-free brand
The organic food company behind the Clipper Tea, Kallo and Whole Earth brands has snapped up gluten-free cake maker Mrs Crimble’s.
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NewsMedia Bites 11 July: Poundland, Asda, SAB Miller, Diageo, Fever-Tree, sugar tax, Brexit
Steinhoff is applying the finishing touches to a £600m-plus takeover bid for Poundland ahead of this Wednesday’s bid deadline; new Asda boss could “easily lose” new price war; and food and drink industry calls for sugar tax to be mothballed in wake of Brexit
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NewsCity snapshot: McBride upgrades profits forecast
Profits will be better than expected at McBride but sales are 2% lower
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NewsHiggidy goes into the red despite soaring sales of premium pies
Higgidy has recorded another year of double-digit sales growth
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Analysis & FeaturesSupermarket shares hit by new price war fears
Growing rumblings of a new front in the already brutal supermarket price war
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NewsButterkist owners selling up to cash in on popcorn boom
The private-equity owner of Butterkist is lining up a sale of the brand to capitalise on booming demand for popcorn…
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NewsDanone snaps up WhiteWave in $12.5bn deal for healthy future
Danone has agreed to buy US food group WhiteWave Foods for US$12.5bn in cash deal worth $56.25 a share.
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NewsBernard Matthews offloads German subsidiary to free up cash
Bernard Matthews has agreed to sell its German operations to Sprehe Gruppe to release cash for UK group
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NewsPureCircle grows profits but shares fall on future concerns
Stevia producer PureCircle is expecting profits to have jumped 60% in the past year as it strengthened margins and increased sales.
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NewsHilton Food Group eyes Portuguese joint venture
Hilton Food Group has signed an agreement with Portuguese food retailer Modelo Continente Hipermercados (Sonae) to supply retail packaged fresh meat into its stores.
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NewsBooker sales squeezed by tobacco display ban and falling food prices
Booker revenues were hit by the tobacco display ban and continued food price deflation during the first quarter with like-for-like sales falling 2.9%.