All articles by Ed Devlin – Page 127
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News
Sauce start-up Capsicana looks to the crowd to fund retail growth
Sauce start-up Capsicana is aiming to raise £300,000 when it launches a crowdfunding campaign this week to tap growing demand for Latin American flavours.
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News
Protein energy brand Bounce seeks buyer to drive global growth
Protein energy ball brand Bounce Foods is seeking external investment to help continue its international rollout
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News
Ian Macleod agrees £80m refinancing
Family-owned whisky distiller Ian Macleod Distillers has agreed an £80m refinancing for its next phase of growth
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News
Pipers hires advisers to lay ground for sale
Fast-growing premium snack brand Pipers Crisps is eyeing up potential acquisition targets
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News
Adult soft drinks startup Nix & Kix backed by big hitters
The adult soft drinks start-up Nix & Kix has secured almost £500,000 to raise brand awareness and expand its team…
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News
Media Bites 16 November: Premier Foods, Tesco/Booker, P&G, wonky fruit
A recovery in the second quarter at Premier Foods delighted the newspapers yesterday.
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City snapshot: P&G admits activist investor Nelson Peltz ahead in proxy vote recount
The proxy battle at Procter & Gamble took another dramatic turn last night as activist investor Nelson Peltz looked to have won a seat on the board of the Oral-B maker, despite the US consumer goods giant claiming victory just a few weeks ago. Plus, CMA clear Just Eat acquisition of Hungry House.
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News
Samworth Bros hires former Kerry Foods CEO Flor Healy as new boss
The Ginsters and Soreen owner has been without an official CEO since Alex Knight left the family-owned business in March
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News
Tesco £3.7bn Booker takeover gets green light from CMA
The UK’s competition regulators are sensationally set to approve Tesco’s £3.7bn takeover of Booker, without imposing conditions such as selling off hundreds of its stores
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News
Media Bites 14 November: Co-op/Nisa, Coca-Cola HBC, Amazon
A green light for the Co-op takeover of Nisa is the main grocery story in this morning’s papers.
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News
City snapshot: Tesco £3.7bn Booker takeover gets green light from CMA
The UK’s competition regulators are sensationally set to approve Tesco’s £3.7bn takeover of Booker, without imposing conditions such as a sell off hundreds of its stores. Plus, B&M boosts sales 22% in the first half and announces Sir Terry Leahy is to step down as chairman; Science in Sport has raised £15m in placing; and Kantar and Nielsen latest supermarket market share data.
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News
Tamdhu owner Ian Macleod secures £80m refinancing
Family owned whisky distiller Ian Macleod Distillers, which owns the Tamdhu, Glengoyne and Smokehead brands, has agreed an £80m refinancing to position the business for its next phase of growth.
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News
Davison Canners wins retail listing for new desserts range
Northern Irish food manufacturer Davison Canners has won supermarket listings for a new range of desserts after securing a £3.1m bank finance package to move all its production in-house, creating 50 new jobs in the process.
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News
Bakkavor cuts valuation to get IPO away
Bakkavor this morning dramatically announced its aborted stock market listing was back on just a week on from pulling its initial flotation after lowering its valuation to get the deal away.
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News
Moy Park reports 'strong' sales growth in Q3
Revenues at Northern Irish poultry producer Moy Park rose 11.3% to £392.6m in the third quarter on strong volume growth, favourable exchange rate movements and recovery of cost inflation.
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News
Piccolo babyfood secures DSG £500k to fuel Far East growth
DSG Consumer Partners has invested £500,000 to support Piccolo’s growth ambitions in the UK and expansion outside Europe
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News
Second Bakkavor float 'must be sweetened'
Bakkavor will try to float again next year after pulling its London IPO at the 11th hour
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Comment and Opinion
Sainsbury's first-half results: what the analysts say
Sales at Sainsbury’s jumped 17% to £16.3bn in the first half thanks to the acquisition of Argos, but losses at the catalogue retailer, keeping prices down and the national living wage all dragged down the supermarket’s profits
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News
More customers than ever choose Sainsbury's but Argos losses drag on profits
Sales at Sainsbury’s jumped 17% to £16.3bn in the first half thanks to the acquisition of Argos, but losses at the catalogue retailer, keeping prices down and the national living wage all dragged down the supermarket’s profits.
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News
Media Bites 9 November: M&S, Tesco, Brexit, Christmas adverts
The spotlight falls on Marks & Spencer as the retailer generates acres of coverage after reporting its first half results. Plus, the Tesco trial continues.