All articles by Alec Mattinson
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NewsKroger’s $25bn takeover of Albertsons collapses over regulatory objections
Kroger’s $25bn North American grocery mega-merger with Albertsons has been called off after Albertsons terminated the merger and vowed to sue its larger contemporary
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NewsEG Group refinances $3.5bn of loans to unlock investment cash
Forecourt giant EG Group has refinanced $3.5bn of debt as it continues to deleverage and unlock additional cash to invest in the business
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NewsBuckfast sales jump despite ‘unprecedented’ duty hike
Sales of Buckfast jumped by 11.8% last year despite the fortified wine brand facing an “unprecedented” duty increase and pressures from the rising cost of living
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NewsCocoa-free chocolate startup Planet A Foods raises $30m for global scale-up
B2B foodtech startup Planet A Foods has raised a further $30m to fund international expansion, including a launch into the UK in 2025
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NewsSurya Foods takes major stake in popped seeds brand Karma Bites
World foods player Surya Foods has boosted its global snacking portfolio by acquiring bagged snacks brand Karma Bites
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NewsCommodity prices help Treatt bounce back from destocking
Global ingredients player Treatt bounced back from a weak first quarter to grow full-year revenues and profits as higher commodity prices and growth in China boosted performance
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NewsCold brew coffee player GoodBrew seeks crowd cash for UK retail push
Dublin-based cold brew coffee startup GoodBrew is seeking €500k from crowd investors to underpin a push into UK retailers next year
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NewsButternut Box reports surge in sales surge with losses cut
High-growth fresh petfood brand Butternut Box continued its rapid European expansion last year while cutting losses as margins improved
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NewsKiril Mischeff buys Italian foods specialist Annessa Imports
Annessa imports Italian goods and them to the retail and foodservice trade
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NewsWaken Mouthcare seeks £900k to follow in Bulldog Skincare’s footsteps
Waken Mouthcare is seeking to raise £900k via crowdfunding to grow retail listings and boost marketing
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NewsAssociated British Foods boosts profitability despite damp summer
Associated British Foods shrugged off a damp UK summer and sharp drop in sugar prices at the end of the year to deliver annual profitability above expectations
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NewsOatly cuts losses as it targets profitable growth
Listed plant milk group Oatly moved close to breaking even in its third quarter as it continues its turnaround efforts to get into the black
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NewsKP Snacks enters nut butters with Whole Earth Foods deal
KP Snacks has moved into the nut butter category with the acquisition of branded leader Whole Earth Foods
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Analysis & FeaturesWhy is Unilever selling its cream business?
Unilever wants to spin off its £7bn-sales global ice cream business. Why? Who wants to buy it? And will it work?
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NewsCity News: Carlsberg hikes profit expectations after ‘exciting year’
Carlsberg has hiked its profit expectations after “an exciting year” of volume growth, despite sales being held back by bad weather in Europe
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NewsPots & Co cuts losses as it outsources manufacturing
High-end desserts specialist Pots & Co cut its losses in a ‘milestone’ year that saw it prioritise profitability over sales growth and move towards break-even
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NewsCity snapshot: Sporting events and better weather boost UK retail sales
Retail sales volumes bounced back to growth in July, according to official statistics, as warmer weather and sporting events boosted activity.
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NewsMedia Bites 16 August: Brexit border controls, Starbucks, WH Smith
Customs agents and businesses have complained to the government that they have been charged for checks on goods that never took place
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NewsCity snapshot: C&C Group forecasts unchanged despite June washout
Drinks supplier and distributor C&C Group has insisted it remains on track to hit annual financial forecasts and bounce back from a troubled period despite poor weather in June
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NewsMedia Bites 14 August: Mars, Starbucks, Asda
Mars, the confectionery, food and petcare giant, has reportedly reached an agreement to acquire Pringles and Pop-Tarts maker Kellanova