All articles by Ed Devlin – Page 2
-
NewsAssociated British Foods hit with downgrade to sugar losses
The group downgraded its outlook for the division and said it now expected an adjusted operating loss in the range of £25m to £60m
-
NewsWildfarmed launches Food & Nature Resilience Fund
It partnered with Lloyds Banking Group, which is the UK’s largest agricultural lender, to launch the ‘Food & Nature Resilience Fund’
-
NewsWynnstay hails profits progress of turnaround plan
A transformation plan at Wynnstay has continued to reap rewards as profits rose in the first half at the agriculture supplies group
-
NewsMcCormick pressing ahead with Unilever Foods integration plan
The deal – forecast to close sometime in mid-2027 – brings together McCormick brands such as Cholula and Frank’s with Unilever’s Hellmann’s and Knorr
-
NewsDaabon expands deforestation-compliant palm oil supply with Agropalma acquisition
The move makes the Colombian group the largest palm oil supplier in the Americas and ensures enhanced availability of fully traceable and certified palm oil that is compliant with EU deforestation regulation
-
NewsFresho strikes second UK acquisition for wholesaler software specialist Freshmetrics
Freshmetrics uses its advanced ERP, stock control, logistics and order management platform to help food distribution businesses manage inventory, reduce waste, handle route planning and streamline operations
-
NewsGutology appoints ex GrowUp and Ella’s Kitchen boss as CEO
Ollie Gallant founded the brand in 2024 to capitalise on the growing consumer awareness of the importance of a healthy gut microbiome
-
NewsHeineken appoints JDE Peet’s boss as chief executive
The new hire is currently the boss of coffee giant JDE Peet’s and was set to lead the Global Coffee Co spin-off stemming from the group’s acquisition by Keurig Dr Pepper
-
NewsMyota raises $4.5m to supply clinically backed fibre blends to F&B industry
The Series A round, led by VC firm PeakBridge, will be used to fund a dedicated B2B sales operation in the US and Europe, support the rapidly scaling DTC business and extend the company’s clinical research
-
NewsOmni secures £11m investment to back ‘Ozempic for dogs’ launch
Pet nutrition specialist Omni has raised £11m as the business aims to disrupt the category with products targeted at tackling obesity and food allergies in dogs
-
NewsOcado weighs up potential replacement for CEO Tim Steiner
Ocado is lining up a potential replacement for its chief executive Tim Steiner, who is also the co-founder of the technology and online grocery group
-
NewsHeatwave drives surprise boost to retailers
Retail sales have climbed by more than expected as bank holidays and a heatwave provided the high street with a temporary bump
-
NewsYoung adult and well-off household consumer confidence sinks
GfK’s long-running index held firm at –23 in June as worries about the impact of the conflict in the Middle East on household bills and petrol and food prices continued to weigh on consumer sentiment
-
NewsBread & Jam Festival celebrates 10 years with new investment competition
Bread Winner is a seven-round pitching competition to ‘find the ultimate fmcg challenger brand with the most potential’
-
NewsCreatime wins first major listing for creatine protein bars
Tom Glynn and Milo O’Donohoe launched the business in January after spending more than a year testing and developing its four-strong range of protein bars with added creatine
-
NewsHilton Food Group appoints new chairman
Mark Clare will take on the role of non-executive chairman on 1 July, with Mark Allen officially becoming CEO of the group on the same day
-
NewsChance Clean Cider kicks off £1m raise for non-alcoholic cider expansion
The upcoming £1m raise will be used to fund growth across retail, ecommerce and the on-trade through a draught launch, alongside pushing into international markets. Chance will also scale its team to support the next phase of expansion
-
NewsPetcare player Lily’s Kitchen surpasses £100m in sales
Founded by Henrietta Morrison in 2008, Lily’s has a long history of rapid growth. Its turnover stood at £40m when Nestlé acquired the brand from its private equity backers in 2020
-
NewsVirgin warns of unexpected losses as consumers feel the pressure
The online wine retailer now expected to fall into the red as the effects of the Iran war combined with increased taxes in the form of duty and packaging levies
-
NewsBettys & Taylors growth slows but momentum for Yorkshire Tea continues
Growth at Bettys & Taylors slowed significantly as the Yorkshire-headquartered group adjusted to the challenging consumer backdrop