All articles by Ed Devlin – Page 10
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NewsCity snapshot: Reckitt unveils brand sell-off to simplify operations
Reckitt Benckiser is offloading its portfolio of homecare cleaning brands and the embattled baby formula business to focus on its stable of power brands in health and hygiene. Plus, the latest NIQ supermarket sales figures, first-half results from Nichols and a Q3 update from Greencore
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NewsMedia Bites 24 July: growers, Reckitt, ice cream, Sainsbury’s
The papers take a look at the threat to British berry growers, calls for Reckitt to sell its nutrition division, rising ice cream prices and investing in Sainsburry’s
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NewsMacallan Food Group launches with maiden deals in Scottish meat industry
Macallan Food Group – headed up by Bill Hazeldean and Stewart McLelland – has taken a controlling interest in Scottish meat supplier Malcom Allan and haggis and black pudding manufacturer Macsween of Edinburgh
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NewsMaison Ferrand acquires Identity Drinks to cement UK foothold
The family-owned company behind Ferrand Cognac, Planteray Rum and Citadelle Gin picked up a 60% stake in Identity Drinks in 2017
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NewsWhitebox Cocktails returns to the crowd for £200k top-up
Whitebox Cocktails has returned to the crowd to raise further investment as the RTD brand seeks to increase its retail exposure and expand overseas
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NewsFears of ‘flood’ of Australian red meat to UK unfounded
One year into the controversial free trade agreement, fears over the UK market being flooded with Australian beef and lamb have been overstated
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NewsCity snapshot: Lindt warns of further price hikes as cost of cocoa remains at record heights
Lindt & Sprüngli Group has achieved “robust” sales and profits growth in a “successful” first half of 2024, but the Swiss chocolatier warned of ongoing challenges caused by record high cocoa prices. Plus, trading update from Eagle Eye and Compass Group
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NewsMedia Bites 23 July: Gusbourne, Ocado
Gusbourne is the latest winery up for sale and Ocado strengthens partnership with Kroger
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NewsFaace founder Jasmine Wicks-Stephens puts skincare challenger up for sale
Skincare challenger brand Faace is seeking a new owner to take the business to the next level
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NewsValeo Foods doubles down in maple syrup with acquisition of Appalaches Nature
Valeo Foods Group has consolidated its position in the natural sweeteners category with the acquisition of Canadian maple syrup supplier Appalaches Nature
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NewsRefresco snaps up Frías Nutrición to expand plant-based capabilities
Bottling giant Refresco has agreed to acquire Spanish plant-based drinks maker Frías Nutrición
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NewsCity snapshot: Gusbourne up for sale as Lord Ashcroft considers options
Gusbourne is the latest English winemaker to be put up for sale, revealing this morning that Lord Ashcroft is open to selling his majority shareholding. Plus, Ocado announces “significant development” of its partnership with North American grocer Kroger
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NewsMedia Bites 22 July: CrowdStrike, Prime, John Lewis, Ocado
A packed weekend in the papers is led by the IT outages hitting systems around the globe on Friday
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NewsMedia Bites 18 July: Amazon, Pernod Ricard, Meatly
A bid to force Amazon to recognise a union for the first time in the UK has failed
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NewsCapVest closing in on Butcher’s Pet Care buyout
The Grocer has learned that CapVest is the last remaining party in the long-running auction being conducted for the petfood maker by investment bank Houlihan Lokey
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NewsPets Choice expands premium range with acquisition of plant-based petcare brand Hownd
Hownd offers a range of plant-based wet and dry dogfood, wellness treats and cruelty-free certified petcare products, such as shampoo and ear cleaner
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NewsCoca-Cola HBC agrees $130m loan for Egyptian projects
The loan from the European Bank of Reconstruction & Development will further the London-listed group’s investment in people development and sustainable business practices in Egypt
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NewsGrowUp Farms bags £38m investment to meet demand for vertically farmed salads
The cash will help GrowUp expand capacity at its vertical farm in Kent, support the Unbeleafable and Fresh Leaf Co brands, and drive R&D at the Leaf Lab site in Cambridge
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NewsRegal Foods expands desserts offering with Love Cheesecakes deal
Regal Food Products has bolstered its chilled desserts offering with the acquisition of artisan cheesecake maker Love Cheesecakes
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NewsCity snapshot: Pernod Ricard offloads international wine brands to Accolade Wines owner
Pernod Ricard has agreed to sell its portfolio of international wine brands to the owner of Accolade Wines. Plus, food and drink inflation falls again and Meatly receives regulatory clearance to sell cultivated meat for pet food in the UK