All articles by Ed Devlin – Page 9
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NewsEG Group sells Australian forecourt business to Ampol in £528m deal
EG Group has followed up the sale of its business in Italy with a divestment in Australia
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NewsTroy Foods deal secures future of Holmesterne Foods
Holmesterne had faced margin pressures stemming from high input costs across ingredients, packaging and its factories
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NewsFrugalpac launches £5m crowdfund campaign for Frugal Bottle expansion
The Ipswich-based business has already secured £1m from existing and new investors ahead of the launch of the campaign on the Crowdcube platform
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NewsStocked readies retail expansion as it secures seven-figure sum in seed funding round
Backers in the £1.3m seed round include consumer-focused investment firm Active Partners, serial fmcg investor Giles Brook, Olympic triathlon champion Alistair Brownlee and former England rugby player Will Greenwood
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NewsTreasury Wine Estates revenues boosted by China exports
Underlying profits at the group jumped 17% for the year to A$770.3m
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NewsGlanbia lifts earning guidance following ‘resilient’ first half
The London-listed nutrition group increased revenues by 6% to $1.9bn in the six months to 5 July, with volumes up 0.9%, prices by 3.4% and 1.7% coming from acquisitions
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NewsEG Group exits Italy with €425m forecourt sale
The deal will mark the Blackburn-headquartered group’s full exit from the Italian market as it continues to execute its strategy to focus on core markets and strengthen the balance sheet
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NewsDawn Meats agrees to £110m investment in New Zealand red meat processor Alliance Group
Dawn Meats has agreed to invest NZ$250m in New Zealand’s largest processor and exporter of sheepmeat Alliance Group
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NewsHunter & Gather set for next stage of growth as it raises £1m
Hunter & Gather has secured a further £1m in investment to fuel a retail expansion and support new product development
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NewsAstonish cleans up with double-digit revenue growth
Revenues jumped 15% to £66.5m in the year to 31 May 2025 at the Yorkshire-based family-owned company
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NewsWow Hydrate racked up nearly £50m in losses, report reveals
Wow Hydrate struck multimillion-pound sponsorship deals with big-name sports clubs and stars, such as Manchester United, Harry Maguire and Tyson Fury
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NewsFaith in Nature sinks to a loss following IT disruption
Faith in Nature has plunged into the red as a software upgrade caused “significant disruption” at the eco personal care brand
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NewsDoughlicious secures $5m to continue US expansion
The round was led by Rich Products Ventures, the venture capital fund of family-owned US food group Rich Products, and private investor collective The Angel Group, along with backing from existing investors
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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