Buying & Supplying news
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General Mills acquires premium petfood brand Edgard & Cooper
General Mills has swooped for premium petfood challenger brand Edgard & Cooper as the US consumer packaged goods giant continues to reshape its portfolio
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David Wood Baking agrees eight-figure credit facilities as it recovers from fire
David Wood Baking has secured an eight-figure credit facility to help it bounce back from a devastating fire at one its factories late last year
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Lovingly Artisan Bakery crowned Farm Shop & Deli Retailer of the Year
The 15 winners of the 2024 Farm Shop & Deli Retailer Awards are revealed at the UK Food & Drink Shows
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Ginsters appoints Stephanie Hildon as managing director
Hildon replaces Sam Mitchell, who has been promoted
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Cheestrings partners with The Garfield Movie
The snacking cheese brand will run an exclusive on-pack promotion in partnership with The Garfield Movie
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Biotiful Gut Health returns to profitability as kefir sales boom
Revenues jumped 22% to £23.8m in the year to 30 March 2023 at the market-leading kefir brand
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Little Dish appoints Sophie Giddings as marketing director
Giddings has joined the business, effective immediately, from her previous role as marketing director for Lily’s Kitchen
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Tesco and M&S catch heat for failing to disclose cocoa supply chains data
The annual Chocolate Scoreboard ranks cocoa buyers on issues such as child labour, deforestation and supply chain transparency
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Village Bakery set to command £160m price tag as PE owner explores exit
Village Bakery is seeking new owners, with its private equity backer having tasked bankers with running an auction for the premium private-label bread maker
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Hovis turnaround picks up under new management team
Hovis has made big strides in its turnaround as significant price hikes helped boost revenues and profitability
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Supermarkets to be hauled before Efra supplier fairness probe
It is investigating how profitability and risk is shared through the food supply chain, following a period of soaring food price inflation and dwindling returns for producers
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GrowUp Farms appoints former Ella’s Kitchen boss Will Howard as UK MD
Howard, who joined in February, will oversee a scaling up as the business grows to sell more than one million bags of salad a week
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Naked Sprout disputes findings its toilet rolls contain just 4% bamboo
Consumer watchdog Which? found bamboo rolls from three out of five brands to contain low levels of the material
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City snapshot: Unilever to separate ice cream business as part of growth plans
Unilever has unveiled plans to split off its ice cream business and also separately identified €800m in cost savings in a move that will impact about 7,500 jobs. Plus, Diageo appoints new chairman, interims from Eagle Eye and final results from MP Evans
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Love Hemp falls to second administration in a year
Love Hemp was bought out of administration in 2022
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Promise Gluten Free set for auction as owner explores options
The Grocer has learned an information memorandum is set to be sent to possible buyers in the coming weeks by Lincoln International, which is running the auction process
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Alantra teams up with Brand Growth Heroes for challenger ‘Mini MBA’
Mid-market financial services firm Alantra has teamed up with the Brand Growth Heroes accelerator led by Fiona Fitzpatrick to launch a ‘Mini MBA’ for challenger brand founders
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Pukka Pies kicks off £100m potential sale process
Pukka Pies has kicked off an M&A process that could value the brand at upwards of £100m as supermarket sales of its savoury pastries continue to boom
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Charlie Bigham’s growth slows as straitened shoppers buy less
Volumes were flat in the year ended 31 August 2023, compared with double-digit gains in the prior 12 months
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Milliways appoints Andrew Bradshaw as sales director
Bradshaw brings almost 20 years’ experience to the role