All articles by Ed Devlin – Page 4
-
Comment & OpinionGraze sale is a smart step for Unilever. What’s next?
With Unilever focused on power brands, it’s clear, like Graze, that Marmite, Bovril and Colman’s would be better served by a new, more focused owner who can champion and get the best out of them
-
NewsCandy Kittens snaps up Unilever’s Graze as part of new growth strategy
Candy Kittens has swooped to acquire Graze from Unilever as the confectionery supplier takes its first steps into the wider snacking category
-
NewsBorough Broth ready for next stage as PE firm Piper invests
The funding would support the next phase of sustainable growth and marked ‘a significant step’ in the company’s mission to take nutrient-rich and naturally made stock into the mainstream
-
NewsUnilever in advanced talks to sell Graze to Katjes
Unilever is close to selling underperforming snacking brand Graze to Germany’s Katjes at a discount price
-
NewsAsda hit by Fitch ratings downgrade as turnaround stutters
Ratings agency Fitch pushed the long-term default rating on Asda parent company Bellis Finco’s borrowings further into junk territory, downgrading it from ‘B+’ to ‘B’
-
NewsSilbury Marketing acquired by Japan’s Kagome
The acquisition of Oxfordshire’s Silbury gives Kagome its first foothold in the UK and wider European market
-
NewsRefrigeration specialist Lowe Rental Corporation sells majority stake
The Northern Ireland-headquartered company rents fridge units, catering equipment and temporary kitchens to a global customer base in events, exhibitions and retailers, including the likes of M&S, Tesco, Asda, Morrisons and Holland & Barrett in the UK
-
NewsKiril Mischeff acquires Minster Fine Foods to boost portfolio
Minster Fine Foods is a continental food importer, supplying a range of delicatessen meat products from Europe to multiple retailers, wholesalers, foodservice providers and the industrial food sector
-
NewsM&S calls for Inheritance Tax rethink in Budget
The boss of the M&S food operation has called on Chancellor Rachel Reeves to rethink controversial reforms to Inheritance Tax ahead of this week’s Budget
-
NewsOcado shares crushed by Kroger CFC closures
Kroger is expected to close the sites in Maryland, Wisconsin and Florida in January, with the move mooted to save the retailer $400m next year
-
NewsLosses double at Graze as owner Unilever completes integration
Losses at Graze have almost doubled as owner Unilever integrated the snacking brand into the wider UK foods operation
-
NewsRed Sky Food Group adds Delenco Foods to portfolio
It marks Red Sky’s second investment following the group’s creation as a joint venture between London-listed Literacy Capital and former Meadow Foods CEO and chairman Mark Chantler
-
NewsAI-driven distributor Komerz buys Great Wines Direct
Komerz’s platform combines AI and data intelligence to help scale branded growth across categories, working with the likes of Amazon and Ocado
-
NewsSeedlip founder raising £2m for Pollen Projects non-alcoholic drinks studio
Funds will be used scale sales, marketing and production for the two brands created so far by the business, Sylva and Seasn
-
NewsShaken Udder acquired by Spanish ColaCao maker Idilia
The deal provides private equity backer LDC, which took a minority stake in the business in 2022, with an exit
-
NewsUrban Legend non-HFSS doughnut tech snapped up by Cadbury
It remains unclear in what capacity Cadbury owner Mondelez International, which was one of the major backers of Urban Legend, intends to use the equipment
-
NewsMicrosalt shares soar as it lifts sales forecasts
Unaudited sales for the AIM-listed business totalled $1.7m in the 10 months to 31 October and the board is confident of exceeding its original expectations of $2m in full-year revenues, Microsalt said in a trading update this morning
-
NewsJulienne Bruno brand rescued in pre-pack administration deal
The move adds to Compleat Food Group’s plant-based offering, sitting alongside vegan cheesemaker Palace Culture, acquired in 2023, and the Squeaky Bean and Vadasz brands
-
NewsNorthern Pasta Co kicks off funding round to supercharge growth
The brand is aiming to raise £1m to accelerate its next stage of growth by scaling production, growing the team and investing in marketing and brand activation
-
NewsSales slowdown at supermarkets as shoppers hang on for Black Friday
Supermarkets suffered a sales slowdown in October as hard-pressed shoppers reined in spending ahead of Black Friday and Christmas shopping deals