All Finance articles – Page 275
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News
Media Bites 14 Oct: EG Group, Retail footfall, Food crime
EG Group, one of the world’s largest independent petrol station and convenience store chains, is considering an initial public offering next year that could value it at more than £10bn
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News
Snaffling Pig closes £1.3m fundraising campaign
The campaign attracted over 1,900 investors, a first for any food brand to date
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News
United Biscuits’ sales slide amid competition and promotions
United Biscuits sales fell 5.4% last year as consumers turned away from branded favourites.
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News
Hain Celestial under investor pressure for more sell-offs
There’s still been no confirmation of a Sky News report last week linking US food player Hain Celestial with a sale of its UK arm
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News
Global food industry M&A deal activity drops in August
The total value of M&A deals in the global food industry has fallen in August, according to new research
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News
P&H collapse and supply issues led to £17m loss for Costcutter
However CEO Darcy Willson-Rymer said he was ‘optimistic about 2020’
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News
City snapshot: Valeo enters exclusive talks for Jacob’s UK business
The Grocer understainds that Valeo Foods has entered exclusive talks to acquire Jacob’s UK business
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News
Media Bites 11 Oct: Obesity, Recession Fears, Pound
The levels of severe obesity among children have risen to an all-time high, official figures have shown, with 4.4% of year six pupils in England needing medical help for their weight. The news comes just as the outgoing Chief Medical Officer, called for severe action to tackle ...
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News
Coffee startup Minor Figures lands £7.5m to push into US market
London-based coffee products supplier Minor Figures has secured a £7.5m investment to underpin a push into the US market and widen UK retail distribution.
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Comment and Opinion
CMO report highlights the big fat divide between industry and government obesity ideas
Dame Sally Davies’s report called for plain packaging for junk food and a ban on public transport snacking
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News
Walkers Shortbread boss warns of challenges from US tariffs and Brexit
Brexit and the potential imposition of US tariffs on British goods were making business ‘very challenging’, said Jim Walker
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News
Valeo Foods buys 2 Sisters’ Matthew Walker Christmas pudding business
Valeo Foods has continued its string of acquisitions by agreeing to buy 2 Sisters’ Matthew Walker Christmas puddings business in a deal valued £67m
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News
City snapshot: Flora owner Upfield in €500m talks to buy Violife Foods
The owner of Unilever’s former spreads business Upfield is reportedly in talks to purchase vegan cheesemaker Violife Foods.
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News
Media Bites 10 Oct: Supply chains, Upfield/Violife, Greene King
Poor pay and punitive working conditions are common on farms and plantations that supply fresh fruit or tea to major UK supermarkets, according to Oxfam.
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News
Pepco annual sales jump on Poundland acquisition and store estate growth
Pepco’s sales were boosted by the addition of Poundland’s 775 stores to its estate
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News
Lindt UK sales continue to rise on Lindor craze
Soaring sales of Lindor chocolates have boosted Lindt UK’s performance in 2018
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News
Meadow Foods buys Valeo-owned Nimbus Foods
Exponent-backed dairy company Meadow Foods has continued its acquisitive growth push with a deal to buy Welsh decorations and toppings firm Nimbus Foods.
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News
Media Bites 9 October: Pound, M&S, Brexit tariffs
The pound has slumped to its lowest level in more than a month, as hopes fade that a Brexit deal will be struck
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News
Kombucha brand Holos turns to the crowd to scale up and tap teetotal trend
Kombucha startup Holos has launched a crowdfunding campaign looking to raise £100k to support its next stage of growth and tap the growing teetotal trend
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News
Cru8 launches £300k fundraise to upscale production
The free-from bakery startup plans to use the funds to upscale production and keep up with demand for free-from, paleo and keto products