Finance news – Page 96
-
NewsPepsiCo invests £13m into ‘extensive upgrade’ of Doritos site
Work to install a new manufacturing line will commence in August
-
NewsEurope Snacks set for new PE ownership as One Rock finalises acquisition
The own-label crisps manufacturer is close to changing hands after its current private equity owner kicked off a sale process earlier this year
-
NewsNichols open to ‘sensible’ functional drinks M&A, CEO says
The Vimto owner has its eye on emerging soft drinks trends
-
NewsCity snapshot: Reckitt unveils brand sell-off to simplify operations
Reckitt Benckiser is offloading its portfolio of homecare cleaning brands and the embattled baby formula business to focus on its stable of power brands in health and hygiene. Plus, the latest NIQ supermarket sales figures, first-half results from Nichols and a Q3 update from Greencore
-
NewsMedia Bites 24 July: growers, Reckitt, ice cream, Sainsbury’s
The papers take a look at the threat to British berry growers, calls for Reckitt to sell its nutrition division, rising ice cream prices and investing in Sainsburry’s
-
NewsMacallan Food Group launches with maiden deals in Scottish meat industry
Macallan Food Group – headed up by Bill Hazeldean and Stewart McLelland – has taken a controlling interest in Scottish meat supplier Malcom Allan and haggis and black pudding manufacturer Macsween of Edinburgh
-
NewsMaison Ferrand acquires Identity Drinks to cement UK foothold
The family-owned company behind Ferrand Cognac, Planteray Rum and Citadelle Gin picked up a 60% stake in Identity Drinks in 2017
-
NewsWhitebox Cocktails returns to the crowd for £200k top-up
Whitebox Cocktails has returned to the crowd to raise further investment as the RTD brand seeks to increase its retail exposure and expand overseas
-
NewsFears of ‘flood’ of Australian red meat to UK unfounded
One year into the controversial free trade agreement, fears over the UK market being flooded with Australian beef and lamb have been overstated
-
NewsCity snapshot: Lindt warns of further price hikes as cost of cocoa remains at record heights
Lindt & Sprüngli Group has achieved “robust” sales and profits growth in a “successful” first half of 2024, but the Swiss chocolatier warned of ongoing challenges caused by record high cocoa prices. Plus, trading update from Eagle Eye and Compass Group
-
NewsMedia Bites 23 July: Gusbourne, Ocado
Gusbourne is the latest winery up for sale and Ocado strengthens partnership with Kroger
-
NewsFaace founder Jasmine Wicks-Stephens puts skincare challenger up for sale
Skincare challenger brand Faace is seeking a new owner to take the business to the next level
-
NewsValeo Foods doubles down in maple syrup with acquisition of Appalaches Nature
Valeo Foods Group has consolidated its position in the natural sweeteners category with the acquisition of Canadian maple syrup supplier Appalaches Nature
-
NewsRefresco snaps up Frías Nutrición to expand plant-based capabilities
Bottling giant Refresco has agreed to acquire Spanish plant-based drinks maker Frías Nutrición
-
NewsCity snapshot: Gusbourne up for sale as Lord Ashcroft considers options
Gusbourne is the latest English winemaker to be put up for sale, revealing this morning that Lord Ashcroft is open to selling his majority shareholding. Plus, Ocado announces “significant development” of its partnership with North American grocer Kroger
-
NewsMedia Bites 22 July: CrowdStrike, Prime, John Lewis, Ocado
A packed weekend in the papers is led by the IT outages hitting systems around the globe on Friday
-
NewsCity News: Rollercoaster week as Ocado shares rebound on earnings upgrade
It’s been another rollercoaster week in the life of Ocado, as the under-fire online supermarket suffered a share price plunge on Monday on a broker downgrade – only to bounce straight back the next day on an earnings upgrade
-
NewsTate & Lyle profits surge after weak sugar beet harvests
Tate & Lyle Sugars enjoyed a huge jump in sales and profits last year as the cane sugar refiner benefited from weak European sugar beet harvests.
-
NewsCity snapshot: Retail sales slide in June amid poor weather
UK retail sales volumes fell back in June, according to official figures, to take industry sales into decline for the second quarter
-
NewsMedia Bites 19 July: Pret a Manger, business rates, loyalty cards
Pret a Manger is axing its subscription offering members “free drinks”, almost four years after the deal launched in the UK