All articles by Ed Devlin – Page 141
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Analysis and Features
The trouble with crowdfunding
What’s the success rate for crowdfunded startups? And is there adequate protection, or are punters just punks? We take a look at the winners … and losers
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News
JBS faces struggle to find a buyer for Moy Park
The Northern Ireland-headquartered supplier is one of the biggest poultry processors in Europe
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News
Media Bites 22 June: Tesco, Diageo, Holland & Barrett, Whitbread
Tesco’s plan to close a call centre in Cardiff, with up to 1,000 jobs at risk, gets plenty of coverage. As does Diageo’s eye-catching $1bn acquisition of George Clooney’s tequila brand. Plus, rumours arise that the owner of Superdrug is plotting a £1bn-plus takeover of Holland & Barrett
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News
City snapshot: Diageo downs George Clooney's premium tequila brand for $1bn
Diageo is set to pay up to $1bn (£790m) for an upmarket tequila brand started by Hollywood A-lister George Clooney and two friends as the drinks giant aims to tap growing demand for premium tequila.
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News
ABP expands in UK with Linden Foods joint venture as Brexit looms
ABP Food Group is expanding its presence in the UK as part of its Brexit strategy after agreeing to extend its joint venture with Fane Valley Co-op to include Linden Foods.
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News
Media Bites 21 June: Tesco, Sainsbury's, Nestlé
A computer glitch at Tesco causing customer chaos, the Sainsbury’s Nisa rumours and a US acquisition for Nestlé all find a spot in this morning’s papers.
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News
City snapshot: Sales growth at Costa helps Whitbread with 'good' start to the year
Sales at Costa have increased by almost 9% in the first quarter as owner Whitbread reported a “good” start to the year, but like-for-like growth in the UK for the coffee chain continues to slow.
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News
Shetland Mussels nets multimillion-pound funding package to double production
Rope-grown mussels producer Shetland Mussels has secured a multimillion-pound finance package to help double production.
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News
Dunbia deputy CEO Tony O'Neill to retire
Dunbia has shaken up its management team in the aftermath of the Dawn Meats merger with deputy CEO Tony O’Neill to step down.
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News
Ocado shares surge as City weighs up fallout from Amazon/Whole Foods deal
Ocado shares hit a 10-month high today as speculation mounted that the online grocer had become an acquisition target in the wake of Amazon’s surprise takeover of Whole Foods.
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News
Media Bites 20 June: Whole Foods, Amazon, Ocado, Supermarket Income REIT
Whole Foods shares rose above Amazon’s $42 all-cash offer as investors bet a rival retailer could gatecrash the $13.7bn offer made by the ecommerce giant for the upmarket grocer.
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News
City snapshot: Supermarket store investor to float on LSE
Supermarket Income REIT plc plans to raise £200m in a placing to buy stores rented on long leases to the likes of Tesco, Sainsbury’s, Morrisons and Asda. Plus, Ocado shares surge 11% on back of Amazon takeover of Whole Foods; and Sainsbury’s rise on Nisa bid rumours.
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News
Ella's records 11th successive year of double-digit growth
Profits have soared by almost 50% at Ella’s Kitchen as it recorded an 11th successive year of double-digit sales growth
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News
City snapshot: Majestic Wine slips into the red but is 'past the tipping point'
A “very strong” second half was not enough to keep Majestic Wine out of the red as the wine retailer recorded pre-tax losses of £1.5m.
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News
Halo Coffee raising £1.6m to spur global growth
Eco-friendly coffee start-up Halo is seeking £1.6m funding to “aggressively” grow the business in the UK and overseas.
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News
Reckitt Benckiser secures regulatory clearance for $17.9bn Mead Johnson takeover
Reckitt said the acquisition would considerably strengthen its presence in developing markets, particularly China where Mead Johnson has sales of more than $1bn.
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Comment and Opinion
Michael Gove: The Grocer’s journalists on the new Defra helmsman
The new secretary of state for environment, food & rural affairs has raised eyebrows and divided opinions …
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News
Media Bites 12 June: Nisa, Poundstretcher, Morrisons, Tesco
The shockwaves from Thursday’s election dominate the papers this weekend, but there is still plenty of grocery news, including Nisa Retail hiring bankers to explore a shock sale.
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News
City snapshot: Industry welcomes Michael Gove as Defra secretary
Michael Gove has been appointed as Defra secretary in a cabinet reshuffle by Prime Minister Theresa May in a move welcomed by the food and drink industry. Plus, sterling stabilises after crashing on the shock general election result.
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News
City News: Ocado international deal fails to excite analysts
It all started so well. Ocado shares leapt above 338p to a year high on Monday morning