Finance news – Page 437
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Media Bites 20 Nov: Accrol, Festive spending, Black Friday, Camelot
Accrol, which makes toilet rolls for Lidl and other retailers, is poised to unveil plans to raise new funds in an effort to escape a cash crisis.
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Fruit-waste-to-crisps supplier Spare Fruit bids for Seedrs cash
A snack firm that repurposes otherwise discarded fruit into air-dried crisps is seeking cash from the crowd
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Protein energy brand Bounce seeks buyer to drive global growth
Protein energy ball brand Bounce Foods is seeking external investment to help continue its international rollout
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Premier Foods second quarter group sales leap 6%
Premier Foods may finally be delivering on its promises of progress after announcing stellar second-quarter sales
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CMA ruling on Tesco Booker 'bodes well' for Co-op Nisa deal
The Co-op won 75.79% of Nisa members’ votes in favour of its acquisition proposition at a meeting this week
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Pipers hires advisers to lay ground for sale
Fast-growing premium snack brand Pipers Crisps is eyeing up potential acquisition targets
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Adult soft drinks startup Nix & Kix backed by big hitters
The adult soft drinks start-up Nix & Kix has secured almost £500,000 to raise brand awareness and expand its team…
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City snapshot: Snack brand Pipers hires advisers to ready for sale
Premium snack brand Pipers Crisps is eyeing up potential acquisition targets in the UK and overseas after hiring advisers to conduct a strategic review of the business, plus all the rest of the latest news from the City.
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Media Bites 17 Nov: 2 Sisters, Asda/Walmart, P&G
The scandal at the 2 Sisters chicken factory should act as a “wake-up call” to the UK food regulator after MPs found biggest poultry supplier already had a “far from pristine” track record on food standards before the recent scandal.
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‘Easy to game’: MPs deliver damning verdict on UK food audits after 2 Sisters scandal
MPs on the Efra committee say accreditation bodies need to take the scandal as a ‘wake-up call’ and tighten up their standards
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Müller shrinks Frijj milkshakes’ size, but not their price
The supplier said the move would help shoppers consume less sugar
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Asda reports second consecutive quarter of sales growth
Like for like sales in the third quarter grew by 1.1%
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James McMaster is new CEO of ‘complete food’ brand Huel
Before leaving Life Health Foods in August, McMaster oversaw the launch of Up&Go in the UK and development of Nutri-Brex
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Media Bites 16 November: Premier Foods, Tesco/Booker, P&G, wonky fruit
A recovery in the second quarter at Premier Foods delighted the newspapers yesterday.
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City snapshot: P&G admits activist investor Nelson Peltz ahead in proxy vote recount
The proxy battle at Procter & Gamble took another dramatic turn last night as activist investor Nelson Peltz looked to have won a seat on the board of the Oral-B maker, despite the US consumer goods giant claiming victory just a few weeks ago. Plus, CMA clear Just Eat acquisition of Hungry House.
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Nissin partnership starts to pay off for Premier Foods
Premier Foods’ boss Gavin Darby has hailed the “renaissance” of its Bachelors brand under its partnership with Nissin Foods as the UK-listed supplier reported a revival of fortunes in the second quarter.
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Unite warns of ‘bread drought’ if Kingsmill drivers strike
West Bromwich personnel are being balloted in response to a ‘paltry’ pay offer from Allied Bakeries
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Diageo plans to become 'best employer for women in the UK'
The spirits giant has unveiled a gender pay gap significantly below the national average across its British businesses
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Samworth Bros hires former Kerry Foods CEO Flor Healy as new boss
The Ginsters and Soreen owner has been without an official CEO since Alex Knight left the family-owned business in March
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City snapshot: CMA inquiry included Aldi and Lidl after Tesco-Booker pressure
The CMA backtracked amid pressure from Tesco and Booker to take the rise of the discounters into consideration in delivering its verdict on their proposed merger, The Grocer can reveal. Plus, Nissin partnership boosts first half performance at Premier Foods after strong second quarter and all the rest of the latest news from the City.