All articles by Ed Devlin – Page 20
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NewsMission readies £1.3m crowd raise to fuel growth
Natural energy drinks brand Mission is prepping a £1.3m crowdfunding campaign to fuel its growth over the next two years
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NewsBio Dima to reduce food waste with help from six-figure loan scheme
Established in 2015, the Hertfordshire-based company works with farms across Europe, importing fresh seasonal organic produce
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NewsGood Guys Bakehouse completes six-figure raise from fmcg heavyweights
Angel investors backing the business include former Pladis UK boss Nick Bunker, David Bell, currently chairman of Hackney Gelato and a former director at Mars UK and Young’s Seafood, and former Graze COO Tom Carroll, who was also CEO at British Corner Shop
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NewsMedia Bites 21 May: Reckitt Benckiser, Aldi, M&S
Activist investor Eminence Capital has built a stake in Dettol and Nurofen maker Reckitt, piling further pressure on the consumer goods group whose share price has plunged over fears that its baby formula business could be on the hook for billions in damages
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NewsCity snapshot: Demand for chicken and pork boosts Cranswick
Meat processor Cranswick has hailed a year of “strong” financial progress as demand for chicken and pork recovered. Plus, the latest Kantar grocery market share data, first-half results for Greencore and SSP, and a trading update from Naked Wines
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NewsCity snapshot: Volumes rise at Hilton thanks to good Easter trading
Meat and fish processor Hilton Food Group has benefitted from a “strong” Easter in the UK and Ireland, pushing volumes and revenues higher in 2024
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NewsMedia Bites 16 May: Britvic, Imperial Brands, Compass
Britvic beat analysts’ forecasts and reported a sharp increase in profit after strong growth in established brands including Pepsi Max and Fruit Shoot
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NewsCity snapshot: Britvic growth fizzes in first half as volumes rise
Britvic has hailed an “excellent” first-half performance as rising volumes helped the soft drinks giant boost revenues and profits. Plus, interim results from Imperial Brands and Compass Group
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NewsPots for Tots pushing for retail growth with six-figure funding
Healthy children’s food brand Pots for Tots has raised £400k to expand its offering further into retail
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NewsBepps appoints liquidators as access to funding dries up
Healthy snacking challenger Bepps has ceased trading after an attempt to secure funds to support working capital failed
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NewsKinKind in £500k funding drive to enter retail channel
More than half the funding is already committed by angel investors, with the business aiming to bring additional backers on board by the end of June to complete the round
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NewsMedia Bites 14 May: Asda, Boots, Tesco
Asda’s move into house building generates headlines this morning
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NewsPremium boxed wine Laylo eyes expansion with seven-figure backing
Founded by former Naked Wines marketing director Laura Riches and COO Laura Rosenberger in 2020, the business secured $1.3m (£1m) in a round led by Anotherway Ventures
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NewsAll Things Butter secures seven-figure seed funding
Disruptive dairy startup All Things Butter has closed a £2.2m seed funding round to support a wider rollout of its products and prepare an overseas launch
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NewsCity snapshot: Premier Foods appoints non-exec to the board
Premier Foods has appointed Malcolm Waugh as an independent non-executive director.
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NewsMedia Bites 3 May: Diageo, bird flu, inflation
There is very little in the way of news on the fmcg industry in this morning’s papers
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NewsMedia Bites 2 May: Haleon, cost-of-living, Starbucks
Panadol and Advil maker Haleon is in focus this morning after disappointing results
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NewsHain Celestial slims down meat-free Linda McCartney’s range in the UK
Hain Celestial is slimming down its plant-based Linda McCartney’s range as part of its ongoing turnaround strategy
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NewsRare & Pasture and Tempus Foods merge to power up charcuterie brands
Charcuterie brands Rare & Pasture and Tempus Foods have agreed a merger in a bid to expand production and sales of their ethically sourced meat products
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NewsHunter & Gather hires finance and sales directors ahead of retail growth push
Hunter & Gather has appointed two experienced fmcg players to its team as the brand’s first-ever sales and finance directors