Archive of all supplier articles – Page 16
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News
Nelson Peltz’s Trian sells down part of Unilever holding for £181m
Activist investor Nelson Peltz’s hedge fund Trian Partners has sold off a chunk of its holding in Unilever for close to £181m, according to filings published on the London Stock Exchange today
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News
Mars agrees blockbuster $36bn takeover of Kellanova to create snacking behemoth
The all-cash offer marks the biggest deal in Mars’s history, dwarfing the privately owned US group’s $23bn acquisition Wrigley in 2008
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News
Distil seeks funds after profit warning and collapse in sales
Spirits group Distil is exploring funding options to meet an unexpected shortfall in its finances after it issued a profits warning for 2024
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News
Huel and Zoe ads featuring Steven Bartlett banned for ‘misleading’ consumers
The Advertising Standards Authority ruled the two nutrition brands had failed to disclose their commercial relationships with the Dragons’ Den star in paid-for Facebook promotions and banned the adverts from appearing again in their current form
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News
FieldGoods secures six-figure investment to expand distribution
The company will use the £750k – raised from angel investors – to boost brand awareness, back new product development and expand the team
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News
Nestlé hires new directors for the UK & Ireland
Nestlé has appointed a new corporate affairs & sustainability director and head of finance for the UK and Ireland
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Comment & Opinion
Food and drink SMEs need to join forces on buying
SMEs can leverage their collective buying power to achieve substantial cost reductions and operational efficiencies, says Helen Murphy, co-founder of Opply
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News
Adamo Foods raises £2m to bring ‘ultra-realistic’ steak alternative to market
Food tech startup Adamo Foods has closed a $2.5m (£2m) seed funding round to back its mission to introduce the first ultra-realistic beef steak alternative made from fungi
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Promotional Videos
How porridge is powering up consumers’ love for breakfast
What’s fuelling the day for Brits in the breakfast category? Divesh Parmar, general manager, Quaker Oats UK, outlines the latest trends and how to capitalise on them
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News
Morrisons Media Group launches in-store sampling programme
The supermarket said it hoped the move would make the shopping experience more enjoyable whilst also opening up new advertising opportunities
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Comment & Opinion
International buying groups are a threat to UK grocery values
If UK suppliers were forced into centralised IBG agreements, our grocery industry would suffer, says David Sables, CEO of Sentinel Management Consultants
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News
Nix & Kix seeking fresh investment months after crowd raise
Nix & Kix is looking for a buyer to inject fresh capital into the soft drinks challenger just months after raising additional cash from the crowd
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News
PerfectTed secures another £1m in Steven Bartlett partnership
PerfectTed has secured a fresh £1m in funding from Steven Bartlett as the Dragons’ Den star doubled down on his investment in the rapidly growing energy drink brand
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News
Foundation Earth announces EU backing to tackle eco scoring ‘wild west’
Foundation Earth said the move would provide the expertise needed to develop internationally recognised standards
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News
Tofoo Co benefits from demand for natural plant-based brands
The Tofoo Co has defied wider declines in meat alternatives as shoppers shun ultra-processed options in favour of more natural ingredients
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News
Paramount Retail Group expands into beer with Saltaire Brewery acquisition
The Yorkshire-headquartered group said it had identified Saltaire as a regional brand with ‘significant national and international growth potential’
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News
Illycaffè confident of further growth despite coffee price volatility
Illycaffè has boosted first-half profits as revenues increased in all its major markets and distribution channels, with the Italian coffee roaster keeping a tight control over costs
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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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News
Hill Biscuits snapped up by Cerealto UK
The custard creams and bourbons maker has been sold to the UK arm of Spanish own label giant Cerealto to give long-standing private equity backer LDC an exit
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News
Gymkhana Fine Foods brings in senior management trio to lead retail expansion
Gymkhana Fine Foods has strengthened its senior leadership team with three experienced hires