All Finance articles – Page 14
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NewsInspired Pet Nutrition expands European foothold with strategic DTC acquisition
Inspired Pet Nutrition has moved to cement its entry into Europe with the purchase of Ultra Premium Direct, France’s leading DTC petfood brand
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NewsMicrosalt cuts sales forecast over US food dye ban
It is the latest problem for the startup this year after unauthorised debt repayments of $500k sent shares plummeting
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NewsFinsbury Food Group acquires 70% stake in Lola’s Cupcakes
The acquisition forms part of Finsbury Food’s long-term growth strategy, targeting investments in high-growth segments of the bakery market
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NewsKingsmill owner ABF acquires Hovis in major bakery merger
Kingsmill owner Associated British Foods has inked a deal to acquire Hovis Group, after months of speculation
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Analysis & FeaturesWhy are the UK’s biggest pizza delivery players struggling?
Papa Johns is an outlier in a market where sales are being sliced
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NewsEx-Diageo CEO Debra Crew awarded $5m pay packet
Crew received a 4.5% increase in base salary to $1.8m
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NewsCarlsberg shares plummet following ‘mixed bag’ results
Shares in Carlsberg have plummeted after the brewing giant reported weaker than expected trading
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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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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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NewsLucozade maker Suntory Beverage & Food GB&I revenues and profits climb despite shortages
Turnover at SBF GB&I in the year ended 31 December 2024 grew by 1.5%, while operating profits climbed 14.0%
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NewsHelloFresh cuts profit forecast as sales fail to deliver
HelloFresh’s share price has already fallen around 30% so far this year and almost 90% since its peak
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NewsCarlsberg growth propped up by Britvic acquisition
The Danish brewer is several facing struggles such as weak demand, tariffs and poor weather
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NewsVertical farming company Vertical Future appoints administrators
The London-based business was placed into administration on 12 August
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NewsTwo Morrisons stores sold to US-based REIT for £51m in latest property deal
The two stores in Loughborough and Ilkeston will be leased to Morrisons on a long-term triple-net basis
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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