All articles by Ed Devlin – Page 152
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News
City snapshot: Campari snaps up craft brand Bulldog Gin in £56m deal
Italian drinks business Gruppo Campari has broadened its portfolio of craft spirits with the acquisition of Bulldog London Dry Gin in a deal worth $70m.
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News
Just Bee wins investment after turning down offer from Dragon
Flavoured water start-up Just Bee has secured a six-figure investment from two food and drink veterans
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News
Tayto expands popcorn reach with Portlebay rescue deal
Irish crisps maker Tayto has rescued popcorn brand Portlebay from administration for an undisclosed sum, The Grocer can reveal.
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News
Media Bites 1 February: Ocado, Greencore, Diageo, Co-op
An unexpected rise in profits at Ocado made headlines this morning but the elusive international partnership also figured prominently in reports.
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News
City snapshot: Sugar free Irn-Bru sweetens AG Barr sales
The launch of Irn-Bru Xtra and Rubicon Spring in the summer helped AG Barr sales recover in the second half. Plus the latest BRC Nielsen shop price index for January.
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News
Tesco and Booker confident of merger approval but CMA may have other ideas
One of the major unknowns thrown up by the surprise Tesco takeover of Booker is how the CMA will react and what remedies will be required to appease the monopoly watchdog. We look at the deal’s chances.
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News
Tesco 'skinny' offer premium leaves Booker deal open to rival bids
Tesco’s £3.7bn takeover of Booker could spark a bidding war as rivals attempt to muscle in on the deal, according to analysts in the City.
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Analysis and Features
Can Bakkavor complete its turnaround and seal an IPO?
The battling Viking spirit of the Gudmundsson brothers revealed itself again last week
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News
City Snapshot: Tesco and Booker to merge in £3.7bn deal
Tesco has swooped in a surprise deal to acquire listed wholesaler Booker in a merger worth £3.7bn
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News
Unilever's shares fall despite underlying sales growth
Marmitegate may have grabbed the headlines in the UK last year, but Unilever has bigger problems
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News
Media Bites 27 January: Unilever, Diageo, Johnson & Johnson
The papers look for Marmite angles in the full-year results of Unilever; and Diageo showed further signs of a turnaround.
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News
Tesco and Booker to merge in £3.7bn deal
Tesco has swooped in a surprise deal to acquire listed wholesaler Booker in a merger worth £3.7bn
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News
M&A deals appetite high despite Brexit uncertainty
Overseas buyers for UK and Irish targets accounted for 32% of the 198 deals in the sector last year
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News
PZ Cussons shares drop amid first half profits slump
Shares in beauty and personal care product supplier PZ Cussons have dropped 8.6% in morning trading after the Imperial Leather maker revealed a 38% drop in first half profits.
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News
Media Bites 24 January: Sainsbury's, Tesco, McDonald's
All the papers follow up on news that Sainsbury’s chairman David Tyler used the supermarket’s staff to do up his £1.5m country home; Tesco mounts ‘robust defence’ against more than 100 shareholders suing for loss of value; and McDonald’s sales fall in the fourth quarter.
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News
City snapshot: Fever-Tree sales fizz ahead of expectations
Posh mixer brand Fever-Tree has upgraded its profit expectations for the year after sales continued to rapidly accelerate in the second-half of 2016. Plus, profits sink at PZ Cussons as Nigerian market continues to be challenging.
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News
Westons profits fizz as cider maker taps into craft
Profits fizzed higher at Westons as the cider manufacturer outperformed the struggling UK market thanks to growing consumer demand for more premium and craft brands.
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News
Bon Bon Buddies overseas focus delivers record year
Overseas expansion and new contract wins have helped Welsh confectioner Bon Bon Buddies to record results, with sales up 13% and profits more than doubling in the year to 30 April 2016.
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News
PE owner of Hancocks engages advisers to explore sale
The private equity owner of Hancocks Cash & Carry is exploring options for a potential sale of the specialist confectioner
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Analysis and Features
Reynolds takeover 'will fire up BAT potential in e-cigs'
The success of Iqos in markets such as Japan and Italy has boosted PMI’s share price