All articles by Ed Devlin – Page 186
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Hotel Chocolat proves hit with investors in £167m float
Hotel Chocolat has completed its flotation on London’s AIM exchange with investors flocking to the luxury chocolatier and pushing the valuation past the £150m forecasts.
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Kalle Group in new ownership
Meat product casings manufacturer Kalle has been sold by its private equity owner Silverfleet Capital to a fund managed by Clayton, Dubilier & Rice.
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Chaucer Food Group hunting for US expansion capital
The ingredients supplier has run out of capacity at its new factory in Portland in the US
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Coca-Cola Enterprises struggles in Q1 as sales lack fizz
Sales at European Coke bottler Coca-Cola Enterprises fell 7% in Q1 with volumes declining as consumers turn away from fizzy, sugary drinks.
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Media Bites 28 April: BHS, Home Retail, Argos, Sainsbury's
The spectacular collapse of BHS continues to overshadow all other news in the papers, but there is also room to report the profit slump at Argos owner Home Retail Group.
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City snapshot: 'Bleak picture' for gender diversity in consumer products - EY
Just 12% of consumer products and retail leaders expect significant progress in women leadership in the next five years
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Vimto owner Nichols sales propped up by acquisitions
Vimto maker Nichols is set to relaunch its no-added sugar brands ahead of the summer.
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Mondelez profits improve but strong dollar hits sales
Mondelez International has increased earnings 71% in the first quarter as a result of its cost cutting programme.
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Vital Ingredient ready for UK rollout with LDC backing
Healthy food-to-go chain Vital Ingredient is set to roll-out across the UK from its London heartland after a MBO backed by an £8m investment from LDC.
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Media Bites 27 April: BHS
The fallout from the administration at BHS continues, with reports of potential saviours, Sir Philip Green facing more pressure from MPs and suppliers counting the costs.
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Nestlé and R&R agree to merge ice cream and frozen food businesses
New group to be called Froneri
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S&P upgrades Bakkavor credit rating again
Bakkavor corporate credit rating upgraded by one notch by Standard & Poor’s thanks to a continued improvement in trading, earnings and cashflow.
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SABMiller investor sells half its shares for £1bn
One of the largest shareholders in SABMiller has sold half its stake in the brewing giant for just more than £1bn.
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Yorkshire Meatball Co targets supermarkets with crowdfunding cash
Restaurant chain The Yorkshire Meatball Co plans to launch a product for the supermarkets after crowdfunding success.
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Nuva aims to shake up drinks sector with £1m funding
Flavoured bottled water brand Nuva has raised £1m in development funding to capitalise on consumer demand to reduce sugar consumption.
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Media Bites 26 April: BHS
The papers are completely dominated by the spectacular crash at BHS with every possible angle examined.
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City snapshot: Real Good Food profits from sugar sell-off
Real Good Food will report a pre-tax profit of £13.9m, including £9.4m exceptional profit
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Hotel Chocolat confirms intentions to float
Hotel Chocolat firms up its £150m flotation plans with official documents filed this morning to the London Stock Exchange.
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Media Bites 25 April: BHS, Premier Foods, Dobbies, Giraffe
The weekend papers were dominated by the news that BHS was on the brink of collapse, with up to 11,000 jobs facing the axe.