All articles by Ed Devlin – Page 94
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NewsWhen In Rome hits £400k fund target to boost eco-wine packaging
The When In Rome and Philip Schofield brands are currently stocked by Waitrose and Ocado Eco-friendly craft wine supplier When In Rome has hit a £400k crowdfunding target to expand its range of sustainable packaging into paper bottles. Rob Malin, Andrea Marchesi and Lorenzo Canali founded the ...
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NewsBread Holdings profits hit record levels despite Covid challenges
A boom in demand for premium bread throughout lockdown helped the business as it focused on selling the Gail’s and Bertinet brands in supermarkets.
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NewsCompleat Food Group swoops for Wrights Food Group in first chilled acquisition
The Compleat Food Group has acquired pie maker Wrights Food Group in its first deal since PE house PAI Partners brought Addo Food Group and Winterbotham Darby together
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NewsCity snapshot: Agronomics sets sights on £25m funding round
The Isle of Man-headquartered company, which is listed on the London Stock Exchange, plans to raise the money via a proposed placing of shares.
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NewsMedia Bites 2 December: Omicron, Selfridges, Seedrs, Pets at Home
The Omicron coronavirus variant threatens to intensify imbalances that are slowing growth and raising costs, the OECD said on Wednesday as it significantly increased its inflation forecasts from three months ago.
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NewsO’Brien Fine Foods eyes UK expansion with Bearfields of London acquisition
Bearfields supplies cooked and raw ham to customers, including Lidl and Costco, as well as pub and café groups, catering businesses and independent retailers
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NewsSeedrs snapped up by US fintech firm Republic in $100m deal
Republic said it expected the deal with Seedrs to lead to new innovations and products for European investors and private businesses
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NewsCity Snapshot: Food prices soar in November and set to get worse over Christmas - BRC
Shoppers are likely to pay more for their Christmas dinner this year as food prices rocketed to their highest levels in more than a year.
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NewsEG Group hails performance of foodservice brands in Q3
Revenues at EG Group soared more than 20% in the third quarter thanks to its growing foodservice business
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NewsMedia Bites 30 November: AG Barr, Asda, Omicron variant, SSP Group
AG Barr, Asda and the new Covid variant all come under the media glare this morning.
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NewsIrn-Bru maker AG Barr’s shares fizz higher on profits upgrade
The group continued to benefit from the return of trading with the hospitality industry and consumers drinking out of the home again.
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NewsCity Snapshot: McColl’s expands Morrisons Daily conversion programme
Embattled McColl’s Retail Group has agreed an extension with wholesale partner Morrisons to convert a further 100 of its stores to the Morrisons Daily fascia. Plus, AG Barr upgrades full-year profit expectations as recovery continues.
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Analysis & FeaturesWhat will CVC do with Ekaterra, Unilever’s tea business?
Unilever has offloaded the brands to CVC Capital Partners in a €4.5bn sale
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NewsInflation and supply chain chaos slowing M&A activity
The uncertainty around ongoing pricing negotiations with retailers, availability of labour and difficulties sourcing packaging have led to buyers becoming more cautious
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NewsKitwave profits better than expected as Covid recovery gains momentum
Kitwave has upgraded profit expectations as trading recovered to pre-pandemic levels and the wholesaler escaped the worst of the HGV driver crisis
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NewsMedia Bites 26 November: Huel, alcohol/crisps shortages, Greencore, Rémy Cointreau
The plant-based meal replacement maker Huel has hired bankers to advise on an initial public offering in London after a surge in popularity for its products in the pandemic fitness boom.
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NewsPatrick Coveney leaves Greencore to join SSP Group as CEO
Greencore CEO Patrick Coveney is to leave the food-to-go specialist to take the reins at SSP Group
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NewsMedia Bites 25 November: Alcohol shortage, Lidl, Britvic
Britain is facing a Christmas alcohol shortage unless the government does more to address the lack of HGV drivers, a group of 48 wine and spirits companies have told the transport secretary.
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NewsGeneral Mills sells European dough business and Jus-Rol brand to Cérélia
General Mills has continued to streamline its portfolio of food assets with an agreement to sell its European dough businesses, which includes the Jus-Rol brand.
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NewsCity Snapshot: Lidl targets 1,100 stores by 2025 as sales and profits rise
Lidl has committed to opening another 235 stores across the UK, creating up to 4,000 jobs. Plus, Britvic reveals 12% dividend following ‘strong’ recovery from the pandemic.