All articles by Ed Devlin – Page 197
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News
Bear snapped up in £70m deal as Lotus eyes global rollout
Urban Fresh Foods, the owner of fast-growth kids snacking brand Bear, has been acquired by Lotus Bakeries in a deal worth more than £70m, The Grocer can reveal.
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City snapshot: Casino outlines €2bn deleveraging plan
French supermarket group Casino is planning to raise €2bn next year as part of a deleveraging plan to “strengthen its financial flexibility”.
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News
Media Bites 16 Dec: Starbucks, Tesco, Imperial Tobacco
Starbucks corporation tax payment of £8.1m last year almost matches its total contributions paid over the past 14 years.
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News
Media Bites 15 Dec: Peroni, Grolsch, living wage, FTSE 100, Sports Direct
Former Diageo boss Paul Walsh is eyeing a £2bn bid for the Peroni and Grolsch lager brands after teaming up with a private equity firm, according to reports.
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News
City snapshot: 2 Sisters hails progress despite sales and profits slip
Sales have fallen at 2 Sisters Food Group by 3.5% to £778.3m in the first quarter
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News
City snapshot: Sainsbury's pharmacy sale faces CMA scrutiny
Sainsbury’s sale of its pharmacy business to Lloyds Pharmacy is facing an in-depth investigation by the UK’s monopoly watchdog.
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Media Bites 14 Dec: Sainsbury’s, Asda, Reckitt Benckiser
Sainsbury’s FD John Rogers gives a bullish interview as he looks forward ‘confidently’ to Christmas and Asda CEO Andy Clarke writes a similarly strident column about ‘weathering the storm’.
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News
Number of food and drink makers operating in UK up 6%
The number of food and drink makers operating in the UK has grown 6% to a total of 8,225 businesses, making it one of the country’s most successful industries
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News
Artisan bakery Bread Holdings records double-digit growth
The north London business, backed by Luke Johnson’s Risk Capital, leapt up the rankings in the recent Grocer Fast 50
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News
Ocado misses its own deadline for an international deal
Ocado looks set to miss its target of a first international tie-up before the year’s end…
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Comment & Opinion
Is Ocado’s confidence misplaced or will Amazon Fresh provide fresh stimulus?
CEO Tim Steiner has been talking up the prospects of a much-vaunted deal
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News
Royal Greenland invests in Canadian rival
Cold water prawn supplier Royal Greenland has taken a stake in a Canadian seafood producer rival in a bid for greater sector consolidation.
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News
City snapshot: Frutarom makes 12th acquisition of 2015
Acquisitive multinational ingredients company Frutarom has snapped up two more companies as it continues to expand its reach in world markets.
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News
Media Bites 9 Dec: AB InBev, Dobbies, plain packaging
AB InBev has faced criticism in the US Senate over its takeover of SABMiller; Tesco-owner garden centres Dobbies slides into the red; and four tobacco giants prepares for a visit to the High Court.
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News
Treatt beverage focus helps sales rise
Ingredients group Treatt has increased revenues by 8.5% to £86m in the past year, with sales to fmcg suppliers being a particular growth driver.
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News
Mark Aylwin to leave Booker to run Matthew Clark
Bargain Booze owner Conviviality has poached Booker exec Mark Aylwin to run recently acquired wine wholesaler Matthew Clark.
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News
Gousto raises £9m to fuel next stage of growth
Recipe box delivery business Gousto has raised £9m in funding to strengthen its team, broaden the sales reach and expand the range.
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News
WH Smith boss lands 12% pay rise as profits blossom
WH Smith hands CEO a bumper pay rise of 12.3% to take his salary to £550k to compensate for a pay package which had fallen to “uncompetitive” levels.
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News
Media Bites 7 Dec: Mondelez, McDonald's, business rates
Cadbury owner Mondelez International comes under the media spotlight as it is revealed to have paid not corporation tax in the UK since 2010.
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News
City snapshot: Conviviality poaches Booker exec to head up Matthew Clark
Bargain Booze owner Conviviality has appointed Booker executive Mark Aylwin to run the Matthew Clark business it acquired earlier this year.