Archive of all Princes articles
Most recent first...
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NewsPrinces Group sets IPO valuation at £1.2bn
The Liverpool-headquartered food company revealed this morning it had set the price range for the upcoming IPO at 475p to 590p per share
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Analysis & FeaturesPrinces: what’s the strategy and the risks of IPO move?
A £1.5bn Princes flotation would create a ‘wave of confidence’, believe experts, as the business lines up a major acquisition spree
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NewsPrinces Group confirms intention to float in London
Liverpool-headquartered Princes Group has this morning confirmed its intention to float on the main market of the London Stock Exchange
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NewsNew Princes unveils IPO plans for London Stock Exchange
New Princes Group has formally unveiled plans to float the tinned and dried food giant on the London Stock Exchange this morning
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NewsNapolina adds ‘flavour-boosting’ tomato purée trio
The pureés combine ‘iconic Italian flavours into one convenient product’
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NewsPrinces buys Liverpool’s Royal Liver Building in £60m HQ investment
The deal forms part of a £83m real estate plan for the UK business
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NewsNew Princes Group buys Kraft Heinz’s Italian baby business
New Princes Group, formerly known as Newlat, has agreed to buy Kraft Heinz’s entire Italian baby food and nutrition business
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NewsPrinces rolls out campaign to ‘boost profile’ of UK food manufacturing
The campaign will showcase a newly introduced UKM stamp
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NewsNewlat to buy Diageo operations in Italy to grow drinks exposure
The factory in northern Italy produces alcoholic and non-alcoholic drinks
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NewsTinned sardines shortages loom as Morocco supply ‘non-existent’
The majority of the UK’s tinned sardines come from Moroccan waters
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NewsChristmas Bucks Fizz shortage warning as Princes Food workers prepare to strike
Nearly 200 workers are set to take part in the strike action between 17 and 24 December
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News‘Incredible new chapter’ as Newlat completes £700m Princes takeover
The combined group, which also includes Symington’s in the UK, will have a turnover of €2.8bn, a global network of 31 plants, 8,800 employees and more than 30 brands
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NewsPrinces back in the black as Newlat deal nears completion
Revenues edged down from £1.74bn to £1.71bn in the year to 31 March 2024 as volumes declined on the back of the group putting up prices, according to newly filed accounts
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NewsNewlat backtracks to meet £700m Princes asking price
The owner of canned giant Princes struck a £700m deal this week with Newlat as the Italian food group went back on an earlier decision to walk away from the deal
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Comment & Opinion£700m for Princes suggests the deal famine could be over
After plenty of twists and turns, Japanese conglomerate Mitsubishi has secured a deal to sell its canned food giant Princes in a deal that augurs well for the long-awaited uptick in food and drink dealmaking to finally take hold
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NewsCity snapshot: Italian food group Newlat buys Princes for £700m
Italian food group Newlat has bought canned food giant Princes from Japanese conglomerate Mitsubishi Corporation in a deal worth £700m
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ProfilesMy food & drink job: Ollie Evans, international account manager, Princes
Ollie channels his childhood F1 dream into driving growth and sustainability in the food & drink sector
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NewsAppetite for sustainably sourced tuna growing despite cost of living crisis
The data from MSC found sales of certified tuna rose from 193,363 tonnes in 2022-23 to 217,300 tonnes in 2023-24
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NewsPrinces Group names Simon Harrison CEO as Cameron Mackintosh leaves
Harrison was appointed as deputy managing director for Princes in June last year
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NewsNewlat puts blame on ‘challenging market’ as it exits Princes deal
Newlat was in advanced discussions to buy Princes and understood to be in a two-way fight with UK private equity firm Epiris