Finance news – Page 81
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NewsCapvest continues food rebuild with further M&A for Second Nature Brands platform
CapVest was historically a major player in UK food and drink before it sold Valeo Foods and Eight Fifty Food
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NewsMedia Bites 23 October: Amazon tax, McDonald’s e.coli outbreak, Greggs Christmas ad
An e.coli outbreak at McDonald’s in the US generates headlines in this morning’s papers
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NewsCity snapshot: Reckitt’s revenues slide as restructure progresses
Reckitt CEO Kris Licht said its Q3 performance is in line with guidance and it is on track to deliver net revenue and profit targets for 2024. Plus, a Heineken trading update
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NewsOceanSaver returns to the crowd as sales soar
The business sells a range of plastic-free, plant-based cleaning products
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NewsMüller deal to buy Yew Tree Dairy approved by CMA
The deal is set to expand Müller’s milk powder capabilities in both the UK and export markets
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NewsLindt loses market share as chocolate prices rocket
The Swiss chocolatier said its Lindor and Excellence brands were performing strongly
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NewsGourmet delivery service Farmyard Frozen hits ‘game-changing’ crowd raise
Farmyard Frozen is targeting ’cash-rich, time-poor foodies’ with its restaurant-style meals
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NewsMedia Bites 22 October: ‘indie’ beer, Ocado chairman, Post Office shakeup
Small breweries in the UK are ditching the term ‘craft beer’ in favour of ‘indie beer’
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NewsCity snapshot: Virgin Wines returns to profit after cost-cutting mission
Virgin Wines launched several new initiatives last year including new wine discounter Warehouse Wines and a strategic partnership with Ocado
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NewsFormer Tesco UK MD Chris Bush made CEO of global fruit giant Westfalia
Bush will take over later this week at the avocado specialist from acting group CEO Rian du Toit, who returns to his former role of group CFO
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NewsForest Feast owner Kestrel snaps up Indie Bay Snacks from Nurture Brands
The premium pretzel brand, launched by Dafna Bonas in May 2016, sells its low-calorie and low-fat snacks in the grocery, travel and DTC channels
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NewsPure Pet Food fetches £15m backing to support growth
Set up by childhood friends Daniel Valdur Eha and Mathew Cockroft in 2013, the Yorkshire-based business today employs more than 100 staff and serves in excess of 40,000 regular subscription customers
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NewsHip Pop welcomes former Olipop CFO as investor and strategic advisor
Phil Trowler has taken an undisclosed stake in the brand
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NewsWhitby Seafood profits dampened by failed Kilhorne Bay acquisition
Whitby’s attempt to buy Kilhorne Bay Seafoods was blocked by the CMA
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NewsCity snapshot: Sharon White appointed Frontier Economics chairman
Dame Sharon White is to take on the role of chairman of economic consultancy Frontier Economics, replacing Gus O’Donnell, who has held the post for the last 11 years
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NewsMedia Bites 21 October: Animal welfare, Halloween, TikTok
Just 2.3% of all animal welfare breaches in the UK are being prosecuted, according to a new report
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NewsGrolsch reduced to 3.4% abv after sales collapse
The move will save Asahi UK 23p in excise duty for every 440ml can of Grolsch sold
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NewsMedia Bites 18 October: Nestlé, Tesco, retail sales
Tesco and Shell are to buy the entire output of a controversial solar farm under construction on the Kent coast
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NewsCity snapshot: Food sales decline during bad weather and shopper spending restraint
Falling sales in supermarkets has dragged down growth on the high street in September as shoppers cut back on luxury foods, the latest ONS figures revealed
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NewsNFU boss hits out at government’s food sector ‘policy paralysis’
Farmers were growing increasingly frustrated at a lack of concrete policies on a raft of major issues, warned Tom Bradshaw