All articles by Alec Mattinson – Page 138
-
NewsUK pet retailer snapped up by private equity buyer
The UK’s second largest pet retailer Jollyes Retail Group has been acquired in an MBO backed by mid-market private equity firm Kester Capital
-
NewsGreencore: investors struggling with US investment case
Investors have struggled to understand the investment case for Greencore in the US…
-
NewsKroger follows Ocado deal with Home Chef acquisition
Kroger said the deal will “significantly accelerate availability of meal kits” in the US
-
-
NewsCity snapshot: Pernod Ricard signs whisky JV in Myanmar
French spirits group Pernod Ricard has signed a joint venture with Myanmar-based Yoma Strategic to become the first global drinks group to enter the country. Plus, Australian retial group Wesfarmers cuts its losses in the UK and all the rest of the latest news from the City.
-
NewsMedia Bites 25 May: Diageo, Sainsbury's, Tate & Lyle
Diageo has kicked off an auction of US-focused spirits brands including Goldschlager, a cinnamon schnapps it has owned for more than 20 years, according to Sky News.
-
NewsCity snapshot: Stronger pricing boosts bottom line at Tate & Lyle
Tate & Lyle has posted a 23% jump in full year pre-tax profits despite falling sales of its key Sucralose sugar substitute product as improved pricing boosted margins. Plus, PayPoint posts a rise in annual sales and profits, driven by increased retail penetration, Tesco and Booker director takes chairman role at C&C Group and all the rest of the latest news from the City.
-
NewsMedia Bites 24 May: M&S, Britvic, Dairy Crest
The papers are full of the woes of Marks & Spencer this morning, after the UK retail stalwart posted a 62% plunge in annual profits yesterday.
-
NewsBritvic eyes low sugar opportunities after factory closure dents first half earnings
Robinsons maker Britvic has said an increased focus on low and no sugar brands could work to its advantage after a first half which was impacted by the closure of its Norwich factory.
-
NewsCity snapshot: International investment in UK food and drink on the rise
Overseas-owned companies make up almost half of UK food and drink sales, according to study by law firm EMW. Plus, UK food and drink investment surges to mitigate Brexit finds BDO, two new non-exec directors at M&S and all the rest of the latest news from the City.
-
NewsMedia Bites 21 May: Lidl, Sainsbury's/Asda, M&S
Lidl is planning an online delivery service in yet another assault against the UK’s biggest supermarket chains, writes The Daily Mail.
-
NewsOcado silences doubters with Kroger deal in US
Its agreement with US grocery giant Kroger, which boasts annual sales of $122bn, sent shares into the stratosphere
-
NewsCity snapshot: CMA opens Sainsbury’s/Asda investigation
The UK Competition and Markets Authority has opened its investigation into the Sainsbury’s/Asda retail mega-deal, asking interested parties to submit their initial views by 4 June. Plus, KP Snacks owner Intersnack has struck a cut-price deal to buy struggling Tyrrells, C&C Group to split Matthew Clarke and Bibendum and all the rest of the latest news from the City.
-
NewsMedia Bites 18 May: Ocado, Sainsbury's/Asda, Walmart
The papers are chocked full of coverage of what The Daily Mail has dubbed “the deal that turned Ocado into a global tech titan”.
-
NewsIntersnack strikes cut-price deal to buy struggling Tyrrells
KP Snacks owner Intersnack has struck a cut-price deal to buy Tyrrells and attempt to restore the brand to growth after a “phenomenal reduction in performance” under US ownership.
-
NewsKP owner Intersnack buys Tyrrells
The owners of KP Snacks Intersnack has announced it has agreed to acquire Tyrrells from The Hershey Company
-
NewsCity snapshot: Ocado signs US supply agreement with Kroger
Ocado shares have surged by almost 40% this morning after announcing it has signed a supply partnership with US grocery giant Kroger. Plus, Fever-Tree sees positive UK progress at the start of its financial year and appoints a new non-exec director, Mothercare announces restructuring plan and all the rest of the latest news from the City.
-
NewsMedia Bites 17 May: Pubs, SSP Group, Co-op
Pub stocks tumbled as the Beast from the East hammered first-half results and added to a string of challenges.
-
NewsC&C Group profits slide on Irish market struggles
Magners owner C&C Group’s profits took a tumble last year thanks to competitive pressures, FX challenges and one-off costs in its Irish homeland.
-
NewsThe Tofoo Co to scale up production with six-figure funding package
North Yorkshire tofu producer The Tofoo Co is to scale up its production and create 13 new jobs after securing a six-figure funding package.