All articles by Ed Devlin – Page 5
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NewsPrinces Group shares fall as sales decline
Revenues in the nine months to 30 September declined year on year by 5.7% to £1.4bn on the back of lower average selling prices
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NewsBeyond Meat forecasts subdued demand as losses mount
Revenues at the New York-listed group fell 13.3% year on year to $70.2m (£53.4m) in the three months to 27 September 2025 as volumes declined by 10.3%
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NewsLittle Moons losses shoot past £50m in wake of factory upheaval
Losses at Little Moons have shot past £50m in the aftermath of the mochi snacking brand’s decision to close its Kettering factory
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NewsApplied Nutrition pumps up sales and profits following IPO
In its first set of full-year results as a listed company, Applied Nutrition posted a 24.2% rise in sales to £107.1m in the 12 months to 31 July, delivering on recently upgraded forecasts
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NewsHain Celestial making progress with comprehensive review of portfolio
Hain Celestial is making ‘good progress’ on a strategic review of its portfolio as the performance at the owner of Ella’s Kitchen and New Covent Garden Soup continued to falter
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NewsTrip valued at $300m as it secures $40m for US push
Drinks brand Trip has raised $40m (£30.5m) in its latest fundraising to support its rapid growth in the US market
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NewsDiageo names former Tesco boss Dave Lewis as new CEO
Diageo has named former Tesco boss Dave Lewis as the Johnnie Walker and Guinness owner’s next chief executive
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NewsLimetrack scores seven-figure investment to help tackle food waste
Food waste technology firm Limetrack has raised more than £1.3m to fuel its next phase of growth across the UK and Europe
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NewsFeragaia sells majority stake to Isle of Raasay whisky owner
Alcohol-free spirits challenger Feragaia has been snapped up by independent luxury goods group Chanrossa
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NewsWilliam Grant & Sons confirms new leadership following CEO departure
William Grant & Sons has confirmed the departure of CEO Søren Hagh
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NewsAssociated British Foods investors divided over Primark separation plans
Investors were divided this week about the potential for Associated British Foods to break up the group with a separation of Primark and the food business
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NewsUnilever ice cream division declares Ben & Jerry’s chair ‘unfit to serve’ the brand's board
The Magnum Ice Cream Company has decided Ben & Jerry’s chair Anuradha Mittal ‘no longer meets the criteria’ to serve in her board role
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NewsLA Brewery secures investment to turn around fortunes
LA Brewery has raised almost £1m from shareholders to put the lossmaking kombucha brand’s operating model on a more sustainable footing
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NewsTract raises €20m to strengthen supply chain resilience
Data management firm Tract has raised close to €20m in a Series A round to expand its supply chain intelligence platform
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NewsMarleybones raises seven-figure funding from Estée Lauder heiress Jane Lauder
Marleybones has raised £2.5m to raise awareness for the fresh dogfood brand
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NewsKimberly-Clark acquires Listerine owner Kenvue to create $32bn giant
Personal care multinational Kimberly-Clark has swooped to acquire consumer health company Kenvue in a deal worth almost $50bn, bringing together brands such as Huggies, Kleenex and Andrex with Johnson’s, Listerine and Neutrogena
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NewsOatly hits milestone of underlying profitable growth
Oatly has hit a milestone of registering a quarter of underlying profitable growth as a turnaround at the plant-based drink group takes shape
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NewsPrinces Group prices IPO at bottom of the range in £1.16bn London float
Princes Group is set to float on the London Stock Exchange this morning, pricing its shares at the bottom end of the projected range
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NewsDeal volumes soften in Q3 but confidence remains
Landmark deals such as the combination of Greencore and Bakkavor and the merger of Kingsmill and Hovis buoyed ongoing optimism in food & drink M&A activity, despite momentum slowing in the third quarter
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NewsSpayne Lindsay adds former PwC partner to team of deal advisors
Corporate finance firm Spayne Lindsay & Co has expanded its team of dealmakers with the appointment of Neil Sutton as senior advisor