All articles by Ed Devlin – Page 166
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NewsAssociated British Food profits lifted by higher sugar prices
Profits sweetened in the first six months of the year but ABF warns that benefits of the weak pound will fade in second half.
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NewsWild Beer asks the crowd for £1.5m for new brewery
The Wild Beer Company is the latest craft brewer to turn to the crowd to raise cash as it kicks off a £1.5m funding drive later this week.
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NewsCity snapshot: McColl's lays foundations for 'transformational' growth
McColl’s said this morning in its annual results that the foundations for “transformational” growth have been laid as it opened the first of the 300 stores bought from Co-op.
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NewsMedia Bites 27 February: Unilever/Kraft Heinz, Warren Buffett, Tesco/Booker, gin
The fallout from the failed Unilever Kraft-Heinz merger continues to generate headlines as the weekend papers reveal more of the backroom machinations during the brief pursuit.
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NewsAdelie looks to rebuild under new owners ICG
Adelie Foods has new owners, after a torrid first 18 months of trading saw private equity firm HIG Capital exit the group.
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Analysis & FeaturesWill Warren Buffett and his Kraft-Heinz mob be back?
The £115bn bid for Unilever has been called off, but it’s sent shockwaves through the fmcg sector
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NewsCauli Rice hits over £3m in crowdfunding
Cauli Rice has raised £1.4m from a massively oversubscribed crowdfunding campaign – more than £1m higher than its initial
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NewsCotswold Raw picks up private funding to hike production
Premium dogfood startup’s crowdfunding campaign failed to hit its £250k target
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NewsGlanbia sells off Irish dairy division for £95m to form jv with farmers co-op
Glanbia has agreed to sell off a controlling stake in its Irish diary business to the Glanbia Co-operative Society for €112m (£94.8m).
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NewsMedia Bites 22 February: Asda, business rates, Burger King
Asda provided an update on its turnaround attempt yesterday, revealing like-for-like sales declined for the tenth quarter in a row with a 2.9% fall in the final three months of its financial year.
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NewsCity snapshot: Christmas hampers boost first-half sales and profits at Hotel Chocolat
Luxury chocolatier Hotel Chocolat has reported sweet growth in first-half sales and profits thanks to new store openings and strong Christmas trading.
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NewsMedia Bites 21 February: Kraft Heinz failed bid for Unilever examined
The fallout from Kraft Heinz tilt at Unilever continues to generate significant column inches in the papers today.
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Comment & OpinionKraft Heinz wash-up will put ‘Persil Paul’ and Unilever growth in the spotlight
With the announcement that the offer is off the table from the Americans, we ask where does all this manouvering leave Unilever and Kraft Heinz?
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Analysis & FeaturesKraft Heinz moves on Unilever: a sign of desperate times for big food?
What happens now? How likely is Kraft Heinz to up its bid price? And will CEO Paul Polman allow the company to slip from his control?
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NewsNestlé investors unimpressed with end of growth model
It was a baptism of fire for Nestlé CEO Ulf Mark Schneider as Nestlé published the first set of annual results under his leadership …
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NewsSymington's sees £6m loss as cooking sauce brands struggle
A raft of delistings for the Chicken Tonight and Ragu brands led the ambient food manufacturer to restructure the group
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NewsKraft Heinz promotional activity hurts European sales
Sales slumped 3.7% to $6.9bn (£5.5bn) at Kraft Heinz in the fourth quarter, partly driven by increased promotional support in the UK.
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NewsPoundshop secures £2m funds from Foresight to fuel growth
Poundshop.com has secured a £2m investment to accelerate growth with backing from venture capital firm Foresight
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NewsMedia Bites 16 February: Heineken, Brexit, Waitrose, Danone, PepsiCo
Heineken’s results in the week it bought Kirin’s Brazil business was picked up by most papers. Plus the EU is worried over an influx of ‘British champagne’ once Brexit ends food naming rules.
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NewsCity snapshot: Nestlé expects subdued 2017 as growth slows again in 2016
Organic growth at Nestlé slowed for the fifth year in a row in 2016 as trading in the final quarter came in below expectations, with the Swiss food giant giving a subdued outlook for 2017