All articles by Ed Devlin – Page 36
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NewsSrsly Low Carb hits crowd target as it aims for retail push
Health food brand Srsly Low Carb has hit a £200k crowdfunding target to roll out more of its products across the retail channel
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NewsElla’s Kitchen CEO Mark Cuddigan steps down after 12 years
Long-serving Ella’s Kitchen CEO Mark Cuddigan is stepping down from the babyfood supplier just weeks after owner Hain Celestial unveiled a global restructuring programme, The Grocer can reveal
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NewsDistressed deals boost M&A activity
A surge in distressed acquisitions has boosted dealmaking figures once again as difficulties in the meat-free and brewery industries led to a pick-up in M&A activity, according to a new report
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NewsMedia Bites 3 October: John Lewis Partnership, food prices
Sharon White’s decision to throw in the towel as chairman of JLP is the main focus of this morning’s papers.
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NewsFlawsome eyes foodservice push and return to retail with £200k investment
Wonky fruit juice startup Flawsome has raised £200k in new backing to boost its foodservice distribution and push for a return to supermarket shelves
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NewsBetter Nature appoints non-exec as it launches fresh funding round
Plant-based challenger Better Nature has strengthened its board and kicked off a crowdfunding campaign as it continues to push tempeh into the mainstream
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NewsCity snapshot: Wilko suppliers to miss out of majority of money owed
Wilko owed creditors more than £600m when it collapsed, with suppliers only likely to claw back a small percentage of money owed, according to documents from administrator PwC.
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Analysis & FeaturesIs private ownership just what Finsbury Food needs?
Suitor DBay wants to build a bakery powerhouse through M&A
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NewsInflation and cost of living send Mindful Chef to steeper losses
Losses have widened at Mindful Chef as a squeeze on consumer spending and inflation dampened demand and hurt margins.
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NewsPrinces set to be sold for £700m as bidding battle heats up
Three global investment firms are battling to take control of tinned foods giant Princes as a £700m deal process enters its final stages.
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NewsMedia Bites 28 September: Morrisons, Chapel Down
News of Morrisons boss David Potts stepping down after nine years at the chain generates headlines this morning.
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NewsMedia Bites 26 September: Aldi, Morrisons, Berry Bros & Rudd
Annual results from Aldi dominate the headlines in the newspaper business sections this morning.
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NewsThis sells stake to ITV for TV ad campaign
Plant-based brand This has sold a minority stake to ITV in return for up to £4m worth of advertising across the station’s channels
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NewsCity snapshot: Cash-strapped shoppers drive record sales at Aldi
Aldi has boosted sales to a record high as the cost-of-living crisis pushed more shoppers through the doors of the discounters.
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NewsNutrigums sells stake to Play.com founder
Functional gummy vitamin brand Nutrigums has sold a stake to the founder and chairman of the online retailer Play.com Richard Goulding for an undisclosed sum
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NewsMedia Bites 22 September: Co-op, Asahi, Wilko, Ocado, SSP
The Co-op’s first-half results lead the coverage in a busy morning for fmcg news.
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Analysis & FeaturesWhat’s Hain Celestial’s plan and will brands be sold off?
‘Hain Reimagined’ will simplify operations and boost marketing
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NewsFinsbury Food Group renews M&A plans after private bid
Finsbury Food has signalled its intentions to pursue a renewed M&A buy-and-build strategy after receiving a £143.4m bid to take the bakery group private.
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NewsHomethings returns to the crowd to support retail and DTC expansion
Refillable home care challenger Homethings is closing in on a £450k crowdfunding goal to support retail listings and continuing expanding online
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NewsMedia Bites 21 September: Wilko, Finsbury Food, inflation
The controversy around the Wilko collapse rumbles on as questions arise over the hole in the pension scheme.