All articles by Ed Devlin – Page 97
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NewsRe:Nourish ramps up global ambitions in £2m funding round
The investment will be used to spearhead the latest launches into the Middle East, Far East and other territories
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NewsCoca-Cola agrees $5.6bn takeover of sports drinks brand BodyArmor
Coca-Cola has taken full control of sports drinks group Body Armor for $5.6bn (£4.1bn) after identifying further “significant potential” for long-term growth.
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NewsCraft rum brand Libations beats crowdfunding target
Craft rum brand Libations has raised almost £200k from the crowd to bring its production in-house and open a distillery in Yorkshire.
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NewsStrangeways raises six-figure crowd sum to grow CBD spirits range
CBD spirits start-up Strangeways has beaten a £120,000 crowdfunding target to expand distribution in supermarkets and develop new products.
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NewsCity Snapshot: Coca-Cola lines up full BodyArmor takeover
Coca-Cola is set to take full control of US sports drink company BodyArmor for $5.6bn.
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NewsCompetition watchdog opens investigation into £7.1bn CD&R takeover of Morrisons
Any issues for the CMA are likely to centre around Morrisons’ forecourt operations and the CD&R-owned Motor Fuel Group
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NewsMedia Bites 29 October: Tesco/Gorillas, Amazon, AB InBev, Virgin Wines
Tesco’s new partnership with Gorillas is picked up by all the papers, along with coverage of Amazon’s latest trading update.
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NewsBiscuit International strikes 'landmark' deal with acquisition of Continental Bakeries
Biscuit International has acquired Continental Bakeries as the PE-owned group strengthens its position as one of the biggest players in the European private label biscuit market.
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NewsNick’s accelerates UK expansion plans thanks to $100m funding pot
CEO Stefan Lagerqvist told The Grocer the business was aiming to follow the rapid expansion of fellow Swedish brand Oatly but in the better-for-you category.
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NewsCarlsberg upgrades 2021 profits guidance as reopening of pubs boosts Q3
Danish brewer Carlsberg has lifted its profit forecasts for the year thanks to a better-than expected performance in the third quarter and start of the final three months of 2021 as drinkers returned to pubs and restaurants.
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NewsKraft Heinz price hikes lifts 2021 profits expectations
Kraft Heinz has raised profit expectations for the year as a hike in prices and sustained at-home demand helped the US food giant battle escalating inflation.
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NewsOcean Saver ramps up mission to eliminate single-use plastic with crowd backing
Eco cleaning start-up Ocean Saver has surpassed its £1m crowdfunding goal to increase brand awareness and invest in NPD.
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NewsMedia Bites 28 October: Budget, Heineken, Brexit, John Lewis
The focus was squarely on yesterday’s Autumn Budget statement in the papers this morning.
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NewsMorrisons ends 54-year run as public company as CD&R takes control
Morrisons has officially ceased trading as a publicly listed company after more than 50 years on the London Stock Exchange
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NewsMara Seaweed to cast net further overseas following funding boost
Domestic and international demand for high-quality seaweed for use as a food source and health supplement is on the rise as consumers seek out nutrient-rich alternative protein and sustainable seafood, according to the business, which launched in 2013.
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NewsFood prices climb higher as soaring costs slams industry
Food inflation has ramped up to its highest level since November 2020 as spiralling costs led to higher prices on supermarket shelves, with fresh food becoming more expensive for the first time in ten months.
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NewsCity Snapshot: Heineken warns of price rises as it battles on several fronts
Dutch brewing giant Heineken is the latest fmcg group to warn of higher prices in the face of rising costs and supply chain challenges as volumes slumped in its third quarter. Plus, Morrisons shares have been delisted from the London Stock Exchange, with a number of the board stepping down; food inflation accelerates in October; and Kerry Group updates on Q3.
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NewsPurearth lines up healthy £650k crowdfunding round
Launched in 2012 by Angelina Riccio and Tenna Anette, the business specialises in organic health drinks, from ‘immune boosting’ wellness shots and plant-based broths to nut milks, cold-pressed juice, cleanse programmes and a dairy-free ‘water kefir’ range, which it claimed as a UK first.
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NewsMedia Bites 26 October: Just Eat Takeaway, HGV crisis, living wage, Tesco
A top investor of Just Eat Takeaway has launched another attack, urging the food delivery company to sell its recently acquired Grubhub to improve the group’s share price.
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NewsAllplants to use ‘record-breaking’ funding to scale up
Frozen vegan meals brand Allplants has announced plans to scale up further after securing a third record-breaking funding round