All articles by Ed Devlin – Page 192
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News
Callan Bacon owner expands UK presence with Stirchley Bacon deal
Irish pork processor M&M Walshe has acquired wholesale supplier Stirchley Bacon in a cross-border transaction creating a €120m (£88.7m) group.
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News
Westons grabs more market share as sales and profits rise
Sales at Westons Cider have hit record levels as the group behind the Stowford Press, Henry Westons and Old Rosie brands grabbed more UK market share.
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News
Nestlé and R&R to merge ice cream businesses
Nestlé is in advanced talks to join forces with European ice-cream company R&R to create a frozen giant employing more than 10,000 staff and operating in 20-plus countries across the world.
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News
Tesco expected to reveal more profit downgrades
Profits at Tesco are predicted to have slumped by more than £500m in the first half, more profit downgrades expected by analysts.
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News
Media Bites 5 October: Tesco, AB InBev, Morrisons, Sainsbury's
A busy weekend for retail as the papers focus on the much-anticipated first-half results for Tesco, with Morrisons and Sainsbury’s also getting a look in, as well as the awaited takeover bid from AB InBev for SABMiller.
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News
Conviviality signs £4.3m fintech contract as Matthew Clark takeover completes
Conviviality Retail has signed a new contract with financial technology business Universe to provide point-of-sale, payment and encryption services. It comes as Conviviality’s £200m reverse takeover of wine and spirits supplier Matthew Clark cleared its final hurdle yesterday.
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News
For Aisha halal babyfood targets growth following rescue
Halal babyfood brand For Aisha is looking to expand across the UK and internationally
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News
Quorn to stick with US as growth priority
Quorn will remain focused on rapid expansion in the US
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News
Chaucer secures backing from Caird to expand US business
Ingredients group’s journey in the US boosted by private equity backing from Caird Capital
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News
Kapak Foods rescue deal saves 150 jobs
Food packing specialist Kapak Foods has been rescued from administration with the backing of a private equity firm, saving 150 jobs.
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News
Quorn snapped up in £550m deal
Quorn is the latest food brand to fall into foreign hands with a £550m sale to a branded consumer goods company based in the Philippines.
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Analysis and Features
Sainsbury’s surprise signals substance to big four’s ‘green shoots’
The JS news sparked a frenzy of activity from analysts
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News
City snapshot: Sainsbury’s ups profits forecasts
Sainsbury’s has this morning raised its expectations for pre-tax profits for the year as volumes and transactions grew in the second quarter. The trading statement gave the beleaguered sector a shot in the arm with share prices for all the listed grocers soaring this morning.
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News
Media Bites 30 September: Morrisons, Amazon, GfK, CBI
After a quiet day for the grocery sector, the media’s focus is elsewhere but Morrisons’ plans to follow Lidl and Sainsbury’s suit to lift worker pay above living wage gets a look in.
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News
Itsu benefits from UK low-fat food revolution
Itsu has “aggressive” plans for expansion after increasing revenues more than 20% to £67.9m thanks to consumer demand for healthy food on the go.
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News
Potts has time to turnaround Morrisons but must improve offer, says retail analyst
Morrisons still has the weakest retail offer of its competitors and will need more time and money to win back shoppers, Bernstein has said.
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News
Browns Food Group to increase exports with bank support
Scottish food group Browns has agreed a £20m funding package to support ongoing growth and investment as it increases sales 4.4% to £151.7m.
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News
Piper invests £6m in natural pet food brand Forthglade
Natural pet food manufacturer Forthglade has secured £6m backing from private equity house Piper as the brand aims to become a household name.
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News
Aldi to launch online offer as annual profits slide
Profits at Aldi have fallen as the discounter invested heavily in price and stores to stay ahead of its bigger rivals and grow sales to £6.89bn
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News
City snapshot: Aldi reveals online plan after another record year
Aldi has revealed plans to launch an e-commerce operation in 2016 after another year of record sales.