All articles by Ed Devlin – Page 7
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NewsOnline high-protein retailer Muscle Food under new ownership
Nick Preston and Ross Carlin bought the Nottinghamshire-headquartered company for an undisclosed sum from previous owner The GPS Food Group
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NewsBetter Nature to take the fight to chicken as it secures £1.1m funding
The round will help Better Nature supercharge its sales and marketing initiatives, as well as invest in innovation and widen the appeal of tempeh to more consumers
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NewsUnilever ice cream performance gives investors hope of turnaround progress
Unilever shareholders have reacted positively as the consumer goods giant outperformed City expectations today, signalling progress with its ongoing turnaround
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NewsAG Barr offloads Strathmore water to Welsh bottler Ty Nant
The deal, for an undisclosed sum, includes the Strathmore production site in Forfar near Dundee and saves the jobs of 23 staff at the business
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NewsMighty Drinks brand rescued by plant-based protein supplier The Mighty Kitchen
The Mighty Drinks brand will live on after administrators at the dairy-free milk alternatives business secured a sale to The Mighty Kitchen
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NewsFormer Manchester United sponsor Wow Hydrate set for relaunch following administration
Replenish+ Ltd, which is connected to Wow Hydrate by a common director, agreed to rescue the brand, buying the business and assets as a going concern
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NewsReckitt Benckiser shares power ahead as turnaround gains traction
Reckitt Benckiser is back in the City’s good graces as investors mopped up news of significant progress in a long-awaited turnaround at the Dettol to Durex multinational
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NewsTreatt shares crash on profits warning
Treatt has lost more than a quarter of its market value as shares in the drinks ingredients firm crashed yesterday following a profits warning
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NewsSupermarket sales bounce back in June as shoppers soak up the sunshine
June’s heatwave has been good news for supermarkets as food sales bounced back from a decline in May
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NewsConsumer confidence falls as Brits save cash ahead of autumn budget
Brits are saving their cash as worries over never-ending inflation continue to haunt consumer confidence ahead of the coming autumn budget
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NewsReckitt Benckiser lifts growth projections after cleaning up portfolio
Reckitt Benckiser has upgraded forecasts for its annual sales growth as the drive to simplify the health, hygiene and nutrition multinational showed early results
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NewsNestlé suffers decline as consumers react to higher coffee and chocolate prices
Sales and profits have fallen at Nestlé in the first half as the world’s largest food group continued to suffer from weak consumer sentiment
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NewsWin-Win closes £3m Series A round to fuel cocoa-free chocolate growth
Win-Win will use the case to invest in its UK team and new product lines, as well as a push into Europe
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NewsModern Baker secures £2.5m investment for healthy UPF mission
The funding from the Series A round will support the next stage of the company’s six-year mission as it rolls out new products in biscuits, sweet bakery, breakfast cereals, ready meals and beverages
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NewsB&M shares sink to all-time low as investors worry about growth prospects
B&M shares plunged to an all-time low this week despite the discounter returning to growth in the UK for the first time in more than a year
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NewsOcado Group focused on moving to positive cashflow after ‘strong’ first half
Ocado Group has delivered a ‘strong’ first-half performance as revenues increased 13.2% to £674m and underlying adjusted profits almost doubled
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NewsMcBride shares tank on worries own-label boom has peaked
Shares in McBride have tumbled as the household cleaning product manufacturer warned of a potential slowdown in the booming demand for own label in supermarkets
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NewsOatsu to get Channel 4 TV ad as founder triumphs at ‘Small Business, Big Break’ competition
The challenger overnight oats brand will take a share, along with two other winners, of a marketing package worth more than £300k
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NewsSurprise jump for UK inflation as food prices continue ‘concerning’ rise
Food prices have climbed for the third month in a row, reaching their highest level for more than a year
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NewsCompleat Food Group acquires sandwich filling maker Freshpak
The acquisition – for an undisclosed sum – gives The Compleat Food Group new capabilities in egg processing