All articles by Ed Devlin – Page 143
-
News
Dawn Meats and Dunbia form meat giant in UK with joint venture deal
Irish meat processors Dawn Meats and Dunbia have agreed a strategic partnership to establish a majority-owned joint venture comprising of the UK operations of both organisations.
-
News
Media Bites 23 May: Sainsbury's, Greencore, Cranswick, Danone
Sainsbury’s is facing criticism from African farmers and the Fairtrade Foundation for stripping the ethical sourcing marque from its own-brand tea bags. Plus, strong results from Greencore and Cranswick.
-
News
City snapshot: M&S profits plunge 64% as restructuring costs hit business
Annual profits at Marks & Spencer have fallen by 64% to £176.4m as a costly overhaul of the business hurt the bottom line, clothing sales declined further and like-for-like food sales went into reverse. Plus, half-year results from Britvic and a trading update from Hilton Food Group.
-
News
SSP Group shares hit all-time high as BlackRock ups its stake
US asset management giant BlackRock has almost doubled its stake in SSP Group to close to 9%, sending shares in the travel food-to-go specialist to record highs.
-
News
Cranswick export push and poultry expansion drives record sales
Growing pork exports to the Far East and soaring poultry sales have fuelled a record year at meat supplier Cranswick.
-
News
City snapshot: Greencore revenues soar 46% on 'transformational' Peacocks deal
Revenues and profits soar at sandwich maker Greencore and pork and poultry supplier Cranswick thanks to acquisitions, new business wins and export growth
-
News
Cafédirect targets fruit and herbal tea market with London Tea Co acquisition
Ethical hot beverages producer Cafédirect has expanded its tea portfolio with the acquisition of The London Tea Company from Finlay Beverages for an undisclosed sum
-
News
City snapshot: Co-op members target packaging waste and modern slavery at AGM
Co-op members voted overwhelmingly to focus further on tackling modern slavery and packaging waste at this weekend’s Annual General Meeting.
-
News
Media Bites 22 May: McColl's, Tesco/Booker, M&S, Unilever, Coca-Cola
McColl’s CEO Jonathan Miller is eyeing a possible takeover of Tesco’s One Stop chain if the supermarket has to sell assets to get its Booker merger passed the CMA. Plus, the papers focus on the upcoming M&S results.
-
News
Food and drink deal volumes slump as Brexit pressures hit
Food and drink deal volumes have slumped to the lowest level for more than two years in the first quarter of 2017
-
News
Whitworths bailed out in £15m takeover by Turkish supplier
New Turkish owner Anatolia is “well aware of the challenges facing Whitworths”
-
News
Media Bites 19 May: Asda, Marston's, Mintel
Asda’s tentative recovery in its QI results was the main talking point of this morning’s papers …
-
News
Feel Free collapses as questions raised over finance history
The directors of gluten-free food maker Feel Free are facing bankruptcy proceedings
-
News
City snapshot: Feel Free directors facing bankruptcy proceedings
The directors of gluten-free food maker Feel Free, which raised hundreds of thousands of pounds via crowdfunding, are facing bankruptcy proceedings .. while new Turkish owner Anatolia is confident it can turnaround struggling dried fruit and nuts supplier Whitworths, plus all the other city news
-
News
Media Bites 17 May: Premier Foods, Dalton Philips, Tesco, Lavazza, inflation
Premier Foods is in focus in this morning’s papers after publishing annual results yesterday. Plus, former Morrisons boss Dalton Philips takes control of Byron Burger as its new chief executive leaves after just five months.
-
News
City snapshot: Cider maker C&C slumps to a loss in 'challenging' year
Magners and Bulmers owner C&C Group has slumped to a loss as revenues declined by more than £100m and it was hit with exceptional charges totalling more than €150m
-
News
Whitworths snapped up by Turkish wholesaler Anatolia
The merger between Anatolia and Whitworths, which creates one of Europe’s largest dried fruit, nut and seeds businesses, is the final step in a trading relationship dating back 38 years.
-
News
Allplants secures £800k investment as meat-free trend booms
Investors in the vegan ready meal startup include a venture capital firm and one of the founders of Propercorn, along with other food entrepreneurs
-
News
Media Bites 15 May: Asda, Tesco, Booker, Premier Foods, M&S
Asda is ”shunning” the City this week as it prepares to admit being the worst supermarket performer for the second year in a row. Plus, Tesco hits the headlines again; and Booker and Premier Foods prepare to publish full–year results.
-
News
City snapshot: Late Easter fuels fastest quarter of footfall growth for five years
A late Easter and the weakened pound help boost footfall growth at the fastest pace for five years. Plus, a short trading update from Fever-Tree