All articles by Ed Devlin – Page 73
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NewsMedia Bites 21 January: Unilever, Premier Foods, Deliveroo, Associated British Foods
The fallout from Unilever’s disatrous buyout attempt of GSK Consumer Health continues to fill the column inches in this morning’s papers.
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NewsEx-Symington’s boss David Cox named CEO of dogfood maker Forthglade
Cox departed Symington’s following a takeover by Italian dairy and pasta group Newlat Food
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NewsMamamade raises £1.5m in oversubscribed funding round
The pre-seed round was made up of an oversubscribed crowdfunding campaign on the Seedrs platform, with almost £830k raised from more than 300 investors, more than doubling its £400k target.
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NewsMedia Bites 20 January: Unilever/GSK, inflation, WH Smith
Unilever dominates the headlines once more after saying it won’t pay any more than £50bn for the GSK consumer health arm.
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NewsUnilever halts pursuit of GSK consumer health arm as it refuses to up £50bn offer
Unilever has drawn a line under the rollercoaster takeover attempt, following a chorus of negative feedback from shareholders and analysts
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NewsEcozone snapped up by HG International
Founded 20 years ago by the Van der Molen family, Ecozone produces a wide range of detergents, surface cleaners, dishwasher tablets, bin bags and mops using plant-based and natural ingredients and sustainable packaging.
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NewsCity Snapshot: WH Smith recovery stalls as Omicron hits travel stores
The emergence of the Omicron variant stalled the recovery at the WH Smith travel business, but it still put “a good performance” on the high street in the run up to Christmas. Plus, UK inflation surges in December and trading updates from Science in Sport and Devro.
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NewsMedia Bites 18 January: Unilever/GSK, Morrisons, Amazon
The fall-out from Unilever’s pursuit of GSK’s consumer health arm continues to dominate coverage in the papers this morning.
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NewsSerious Sweets picks up honeycomb maker Mighty Fine
Serious Sweets supplies the major retailers and the foodservice industry with a range of private label fudge, toffee, marshmallows, brittles and butterscotch
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NewsUnilever signals intent to continue pursuit of GlaxoSmithKline consumer health arm
Unilever has signalled its intent to reposition its porfolio into higher growth categories and called the GlaxoSmithKline consumer healthcare division “a strong strategic fit” for the group.
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NewsCook My Grub kicks off £1.5m funding drive to fuel ten-fold growth in customers
The food delivery marketplace is seeking to raise the cash through a combination of VC, high net-worth individuals and private and angel investors.
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NewsMedia Bites 14 January: Tesco, M&S, Caffè Nero, Ocado
Christmas results from Tesco and M&S get blanket coverage in this morning’s papers.
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NewsFruit lager Jubel seals £2.7m funding to back growth
Magners producer C&C Group, which already owns a minority stake in the brand, provided follow-on funding.
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NewsBramble Foods undergoes MBO backed by private equity firm LDC
The minority investment from the PE firm will help accelerate organic growth and build scale through bolt-on acquisitions.
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NewsMedia Bites 13 January: Sainsbury’s, Pret a Manger, Unilever, Beyond Meat
A busy morning in the papers takes a deep dive into the Sainsbury’s Christmas trading figures, as well as stories on Pret, Unilever and Beyond Meat.
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NewsSamworth Brothers appoints Brakes CEO as new boss to replace outgoing Flor Healy
Hugo Mahoney is to take over the reins from Flor Healy, who is retiring from the top role at the Ginster and Soreen supplier.
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NewsTonic Health smashes £200k crowd goal as it eyes growth in US
Tonic has so far raised £316k from almost 200 investors on the Seedrs platform and continues to overfund from its £200k target.
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NewsCity Snapshot: Sainsbury’s lifts profit forecasts despite Christmas sales slump
Sainsbury’s has lifted its profit guidance for the year despite a fall in sales over the key Christmas trading period. Plus, Just Eat Takeaway misses full-year growth target, and Vimto maker Nichols issues full-year trading update.
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NewsSymington’s appoints joint CEOs as David Cox departs following Newlat takeover
Cox has been replaced by sales director Christian Boulter and finance director Henry Breese, who will take on the role of joint CEO
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NewsTiba Tempeh scores £500k seed funding to accelerate plant-based growth
Plant-based start-up Tiba Tempeh has closed a £500k seed funding round as it prepares to expand its distribution into the major supermarkets and overseas