All articles by Ed Devlin – Page 21
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NewsGeneral Mills acquires premium petfood brand Edgard & Cooper
General Mills has swooped for premium petfood challenger brand Edgard & Cooper as the US consumer packaged goods giant continues to reshape its portfolio
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NewsDavid Wood Baking agrees eight-figure credit facilities as it recovers from fire
David Wood Baking has secured an eight-figure credit facility to help it bounce back from a devastating fire at one its factories late last year
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NewsMedia Bites 30 April: Ocado, Heineken, Brexit, Getir
Ocado has suffered a shareholder revolt over a new pay scheme that includes a bonus share award of up to £15m for co-founder and chief executive Tim Steiner
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NewsCity snapshot: Eagle Eye secure contract to help Tesco personalise Clubcard promotions
Grocery tech firm Eagle Eye has won a one-year contract with Tesco to power its personalised Clubcard challenges. Plus, Ultimate Products chairman Jim McCarthy to leave group and Supermarket Income REIT makes first move into France
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Analysis & FeaturesRevealed: trends driving record growth for UK’s ‘Fast 50’ food and drink brands
Despite inflation and supply disruption, the Fast 50 report reveals unprecedented growth rates, with a record number of women-led businesses
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NewsMedia Bites 26 April: Sainsbury’s, Nestlé, Unilever
A packed morning in the papers sees Sainsbury’s latest annual results grabbing the most headlines
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NewsCBD pioneer Trip tops Fast 50 list of food & drink brands
Surging growth pushed Trip to the number-one spot in the annual Fast 50 ranking conducted by mid-market financial services firm Alantra
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NewsPZ Cussons flogging St Tropez in bid to simplify the group
PZ Cussons is selling self-tanning brand St Tropez after admitting the group is “too complex for its size”
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NewsMedia Bites 25 April: PZ Cussons, Heineken, Reckitt Benckiser
A decision by PZ Cussons to offload self-tanning brand St Tropez and explore a sale of its Africa business makes headlines this morning
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NewsCity snapshot: PZ Cussons to sell-off St Tropez to refocus group
PZ Cussons is kicking off a sale process for self-tanning brand St Tropez as part of reorganisation of the group. Plus, Reckitt Benckiser, Heineken and Nichols report Q1 numbers, Supreme issues a year-end trading update, and Haleon appoints Tate & Lyle CFO as its new CFO.
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NewsWholebake hires new CFO as turnaround makes progress
Snack bar supplier Wholebake has appointed a CFO and NPD & innovation manager as the business works on a turnaround
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NewsBirds Eye makes two senior hires for UK & Ireland board
Birds Eye has appointed a new UK & Ireland finance director and a country manager for the UK to take responsibility for the Birds Eye, Aunt Bessie’s and Goodfella’s brands, which are all owned by parent group Nomad Foods
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NewsArla Food Ingredients swoops for Volac’s whey nutrition business
Arla Food Ingredients has agreed a deal with dairy business Volac to take over its whey nutrition division and turn the Welsh factory into a global production hub
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NewsSamworth Brothers expands food-to-go operation with Real Wrap Co deal
Samworth Brothers has taken full ownership of food-to-go supplier The Real Wrap Company following the purchase of a minority stake in the business last year
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NewsMedia Bites 23 April: Asda, Tesco, Chill Brands
Asda is in focus in this morning’s papers after releasing its annual results
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NewsMy Emissions secures seven figures for carbon labelling tech rollout
Food tech startup My Emissions has raised a further £1.3m as it prepares to roll out its carbon labelling tool with new national and international partners
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NewsCity snapshot: ‘Supermarket powerhouse’ Asda boosts annual sales and profits
Asda has generated underlying profits of more than £1bn as sales increased for four consecutive quarters in 2023. Plus, vape supplier Chill Brands suspends CEO amid regulatory concerns; and a full-year trading update from PayPoint.
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NewsMedia Bites 19 April: Nestlé, dairy pollution, Deliveroo
Campaigners pushing for Nestlé to make its products more nutritious landed a modest blow on the world’s biggest food company yesterday when 11% of shareholders backed their resolution
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NewsSmol losses increase amid investment drive
Revenues raced 27% higher to £31.2m in the year to 30 June 2023 as it served more customers and registered higher spending, supported by new product launches, according to its latest accounts
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NewsBiotiful Gut Health returns to profitability as kefir sales boom
Revenues jumped 22% to £23.8m in the year to 30 March 2023 at the market-leading kefir brand