Finance news – Page 11
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NewsGressingham Foods acquired by French company LDC
The family-owned French company has acquired a majority stake in the poultry business
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NewsWKD splashes £10m on 30th birthday campaign amid sales declines
The investment marks a ‘bold new direction’ for WKD, says owner SHS Drinks
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NewsCandy Kittens outlines plans for ‘unshackled’ Graze
Ed Williams, Candy Kittens CEO and co-founder alongside Jamie Laing, told The Grocer he was excited to see what Graze it could do once ‘unshackled’ from corporate ownership
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NewsVillage Bakery sales rocket under new French owner
Village Bakery’s revenues have soared 20%, as rampant demand for premium breads pushed annualised sales to £123.4m
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NewsSSP Group considering ‘all options’ for struggling European rail business
A ‘wide-ranging review’ of the business will report by May next year
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NewsReal Yorkshire Pudding Co’s sales puff up as volumes rise
Rising volumes at The Real Yorkshire Pudding Co helped deliver a strong year of sales and profit growth, according to its latest set of financial results
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NewsNo More Lids takes home top spot at Future of Food
Judges commended founder and MD Chris Brown for ‘game-changing environmental achievements’ in an industry that uses more than 10 million takeaway cups and generates in excess of 51 tonnes of waste every day
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NewsQatar Investment Authority to offload £300m worth of Sainsbury’s shares
The Qatar Investment Authority has revealed it would sell up to 84 million shares in Sainsbury’s to institutional investors in a placing
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NewsKeystone business fundamentals ‘strong’ insists CEO despite sale document leak
Keystone is operating at well below its 265,000hl annual capacity
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NewsBSF Enterprise raises £15m to boost lab-grown meat business
The investment by Blackstone Mercantile Group will provide the capital required to accelerate the commercialisation of BSF’s technologies in lab-grown leather, cultivated meat, corneal repair, and culture media supplements for cells and engineered tissues
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NewsNewPrinces completes purchase of Carrefour Italia
The deal is the food giant’s latest expansion in Italy
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NewsFood inflation eases amid widespread promotions
The rate eased to 3% year on year in November, down from 3.7% in October
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NewsByron Burger rescued from collapse by Gen Z entrepreneur
It is understood that Akshat Tibrewala has taken a majority stake in the business, having invested around £2.5m
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NewsGail’s to open 40 new bakery stores in 2026 as sales jump
The group delivered 36 new openings in the year, including the first openings in the south west of England
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NewsTreasury Wine Estates in $450m write-down of US assets
TWE is far from the only drinks giant struggling to adapt to leaner times as consumers cut back on alcohol
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NewsKeystone Brewing Group ‘still brewing’ despite administration fears
Keystone insisted it was still ’fighting for the future of great beer’
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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
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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
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NewsBreal-backed beer group Keystone Brewing on verge of administration
Keystone employs almost 200 people in the UK and owns two production sites in Yorkshire and Warwickshire
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NewsAllan Leighton defiant Asda turnaround is ‘working’ despite slowdown
Asda’s stuttering Q2 results perforance was almost entirely the result of the ‘self-inflicted’ and ’severe’ disruption from its Project Future IT transition