All articles by Ed Devlin – Page 180
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NewsKellogg profits grow faster than expected but UK drags on group sales
US food group Kellogg has beaten profit expectations in the fourth quarter despite revenues falling for the eighth reporting period in a row, with conditions particularly difficult in the UK.
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NewsRejuvenation Water beats funding target as it unveils first overseas listing
Soft drinks start-up Rejuvenation Water has overtaken its £150,000 crowdfunding target after money flooded in from investors as the brand revealed an international listing with Dubai’s largest supermarket chain Spinneys.
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NewsBleiker’s Smokehouse nets funding for growth ambitions
Smoked salmon producer Bleiker’s Smokehouse has secured £3.9m in bank funding to expand its capacity to keep up with the demand from new contracts with Morrisons and Aldi.
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NewsCauli Rice smashes £400k target in new crowdfunding round
Cauli Rice has raised more than £2m across four rounds of crowdfunding stretching back to September 2014.
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NewsAldi overtakes Co-op to become UK's fifth biggest food retailer
Sales at the German discounter were up 12.4% to £1.7bn in the 12 weeks to 29 January
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NewsMedia Bites 7 February: Metro, Ajinomoto, Boots, Tyson Foods
It’s a quiet morning in the papers for UK grocery news, but there are a few international stories, including Metro shareholders voting overwhelmingly in favour of the German retail conglomerate’s plans to split in two.
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NewsCity snapshot: Aldi knocking on the door of big four
Aldi has accelerated passed Co-op to take its place as the fifth biggest food retailer in the UK, the latest Kantar Worldpanel data has revealed. Plus, the latest figures from Nielsen and the BRC - KPMG retail monitor for Jannuary.
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NewsFood chain traceability specialist Arc-net secures £2m investment
Irish start-up Arc-net, a specialist in food chain traceability, has secured a £2m investment from the founder of one of the world’s largest medical outsourcing firms to support its rapid growth.
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NewsFood packaging firm Excelsior Technologies acquired by Mondi in £33m deal
Food packaging producer Excelsior Technologies has been snapped up for £33m by global firm Mondi Group.
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NewsOcado shares rise and fall as profits improve
Patient Ocado shareholders received a boost on Tuesday as the online grocer posted better-than-expected full-year profits
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NewsTayto grows popcorn with Portlebay rescue
Tayto hopes to tap booming appetite for popcorn after putting together a pre-pack rescue deal for premium brand Portlebay
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NewsMedia Bites 3 February: Reckitt Benckiser, Tesco/Booker, lettuce crisis, Aldi, business rates
Talks between Durex maker Reckitt Benckiser and baby formula firm Mead Johnson to thrash out terms of a £13.2bn takeover dominate the business pages today.
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NewsCity 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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NewsJust 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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NewsTayto 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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NewsMedia 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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NewsCity 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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NewsTesco 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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NewsTesco '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 & FeaturesCan Bakkavor complete its turnaround and seal an IPO?
The battling Viking spirit of the Gudmundsson brothers revealed itself again last week