All articles by Ed Devlin – Page 12
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News
The Cheeky Panda plans for growth as it achieves profitability
Eco toilet paper challenger The Cheeky Panda has bounced back into the black and is in a “terrific position for growth” in 2024
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Luna Daily secures funding from Unilever Ventures
The feminine hygiene brand has secured backing from Unilever’s venture capital arm to support an expansion of its product range
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City snapshot: Sainsbury’s named Grocer of the Year at Gold Awards 2024
Sainsbury’s has taken home the prestigious Grocer of the Year prize at the Grocer Gold Awards 2024
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Haribo boosts sales 24% as it wins record market share
Haribo has sweetened its top line as continued demand for its products pushed market share to a new record
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News
Media Bites 2 July: Boots, inflation, Amazon
Boots managing director Sebastian James insists his departure has nothing to do with the shelving of plans to float the business by its American owner
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City snapshot: Boots boss Sebastian James to leave as IPO process stalls again
Boots has kicked off a search for a new boss to replace Sebastian James, who is leaving in November as renewed attempts by US owner Walgreens Boots Alliance to sell or float the UK high street pharmacy chain stalled once again
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Media Bites 27 June: Deliveroo, Haleon, Brexit
Shares in the UK food delivery company Deliveroo rose after reports reveal US rival Doordash held takeover talks with the business
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News
This valuation plummets and founders take cash off the table
The £20m Series C round valued This at just £50m, a significant fall from a £150m valuation during the Series B fundraising in 2022, The Grocer has learned
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News
Nojo hires former Wholegood boss Martin Sandler as MD to lead growth push
Nojo has appointed former Wholegood boss Sandler as its first-ever managing director as the sauce challenger brand looks to ramp up distribution and grow more rapidly
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News
City snapshot: Revenues plunge on Nigerian currency woes but PZ Cussons holds full-year profit guidance
PZ Cussons has maintained its profits guidance for the year despite the currency in its troubled Nigerian market tanking further since a third-quarter trading update in April
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News
JamJar enters soft drinks for first time since Innocent days in £4m Xoxo investment round
The fmcg investment firm set up by the founders of Innocent have made their first venture into soft drinks, backing gut health soda startup Xoxo
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Media Bites 25 June: C&C Group, Britvic/Carlsberg, Ocado, THG
C&C Group have been urged to considering selling up, while Carlsberg’s pursuit of Britvic continues to make headlines
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News
Allplants secures further investment as it closes in on profit
Allplants has raised an additional seven-figure sum as the vegan frozen ready meal maker continues its drive for profitability
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News
Tidal Rum returns to the crowd to help scale premium craft brand
Shorts Boy Distillery – founded by Harry Coulthard and Ben Clyde-Smith – launched the rum brand in 2019
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Analysis & Features
Why has Carlsberg tabled a £3bn bid for Britvic, and why was it knocked back?
The Danish brewer’s bid has set Britvic shares racing. But who stands to benefit most from a potential pairing?
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Supreme acquires Clearly Drinks in £15m deal to broaden offering
Vape supplier Supreme has diversified its offering with the £15m acquisition of Clearly Drinks
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News
Samworth Brothers promotes from within as CEO Hugo Mahoney steps down
Samworth Brothers has parted ways with CEO Hugo Mahoney and promoted a new boss from within its ranks of current executives, The Grocer can reveal
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News
City snapshot: Carlsberg receives Pepsi blessing for Britvic takeover
PepsiCo has given Danish brewer Carlsberg the go-ahead to continue its pursuit of soft drinks group Britvic. Plus, vaping group Supreme snaps up soft drinks group Clearly Drinks for £15m and THG issues trading update ahead of AGM
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News
Media Bites 21 June: Tate & Lyle, Ocado, Sainsbury’s
In a packed morning in the papers, a major deal by Tate & Lyle and a share price crash for Ocado make headlines
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News
Fuel10k founder Barney Mauleverer launches £10k Future of Food competition
The fmcg entrepreneur said the Future of Food event planned for November would be a cross between Dragons’ Den, TedX Talks and the Model UN