Finance news – Page 13
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NewsDaabon expands deforestation-compliant palm oil supply with Agropalma acquisition
The move makes the Colombian group the largest palm oil supplier in the Americas and ensures enhanced availability of fully traceable and certified palm oil that is compliant with EU deforestation regulation
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NewsFresho strikes second UK acquisition for wholesaler software specialist Freshmetrics
Freshmetrics uses its advanced ERP, stock control, logistics and order management platform to help food distribution businesses manage inventory, reduce waste, handle route planning and streamline operations
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NewsGutology appoints ex GrowUp and Ella’s Kitchen boss as CEO
Ollie Gallant founded the brand in 2024 to capitalise on the growing consumer awareness of the importance of a healthy gut microbiome
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NewsDiageo set to cull 150 jobs in Ireland as part of restructure
The Irish government said it had received notice of proposed collective redundancies from Diageo Ireland
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NewsB&M appoints new finance chief to join from Asda
B&M has found its new permanent CFO in Atheeq Akbar, after the resignation of interim CFO Helen Cowling in April 2026
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NewsTHG profits soar in early 2026 amid protein boom
First-half revenue growth is expected to hit 6.5% as the Myprotein owner’s nutrition division took higher volumes and outpaced its B2B whey competitors in the half
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NewsWarburtons enters 150th year with 33% leap in profits
Warburtons has entered its 150th year of business with a 33% jump in pre-tax profits to £42m
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NewsBacardí takes full ownership of Teeling Whiskey
It comes almost a decade after Bacardí took a minority stake in the business.
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NewsHeatwave set to drive second supermarket sales bump of 2026
Total till sales at UK supermarkets rose by 4.6% year on year in the four weeks ending 13 June, ‘primarily driven by’ the heatwave in the last two weeks of May
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NewsSmacks Burgers & Hot Chicken surpasses crowdfunding goal by 824%
The crowdfunding campaign has surpassed the initial £200,010 target by 824%
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NewsForeign investment into UK consumer sector tightens
Levels of foreign direct investment (FDI) into the UK consumer sector tightened in 2025, as the number of investment projects fell from 16 to 12
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NewsHeineken appoints JDE Peet’s boss as chief executive
The new hire is currently the boss of coffee giant JDE Peet’s and was set to lead the Global Coffee Co spin-off stemming from the group’s acquisition by Keurig Dr Pepper
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NewsAsda and Aldi the two worst-performing supermarkets for sales growth
Asda was the only supermarket to suffer a sales decline in Worldpanel’s latest data, while Aldi put in the weakest growth
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NewsMyota raises $4.5m to supply clinically backed fibre blends to F&B industry
The Series A round, led by VC firm PeakBridge, will be used to fund a dedicated B2B sales operation in the US and Europe, support the rapidly scaling DTC business and extend the company’s clinical research
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NewsOmni secures £11m investment to back ‘Ozempic for dogs’ launch
Pet nutrition specialist Omni has raised £11m as the business aims to disrupt the category with products targeted at tackling obesity and food allergies in dogs
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NewsAsda shakes up leadership team after Liz Evans steps down
Asda is using Liz Evans’ departure to ’reshape responsibilities’ within its senior executive team
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NewsDanone strengthens holdings in Asia Pacific with double acquisition
Danone has ramped up its presence in Australia with the acquisition of health-focused Made Group, as well as buying out the remaining 49% of its joint venture with Saputo Dairy Australia
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NewsCoca-Cola brings in restructuring experts at Costa after abandoned sale
Coca-Cola abandoned plans to sell the coffee chain in January, after bids for the business failed to meet Costa’s £2bn price mark
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NewsGLP-1 use set to double following Wegovy pill approval
The number of adults using GLP-1 weight-loss drugs could more than double to seven million following the approval of pill-format medication, according to PwC
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NewsOcado weighs up potential replacement for CEO Tim Steiner
Ocado is lining up a potential replacement for its chief executive Tim Steiner, who is also the co-founder of the technology and online grocery group