All articles by Henry Saker-Clark – Page 5
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City snapshot: Dairy Crest agrees £975m sale to Canada's Saputo
Dairy Crest owns Cathedral City as well as the Clover and Country Life butter and spread brands
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Media Bites 22 Feb: Just Eat, Kraft Heinz, Sainsbury's/Asda
US competitor to Just Eat, Uber Eats announced plans to cut the fees it charges restaurants on Thursday (21 February)
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City Snapshot: Sainsbury's-Asda merger would lead to higher prices, says CMA
Sainsbury’s shares have dived 14% on news that the CMA has “extensive concerns” over its proposed merger with Asda, Arla sees sales recover after turnaround plan and rest of the new from the City
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Media Bites 20 Feb: Asda, Iceland, Greggs
Asda said same-store sales grew by 1% over the fourth quarter, marking its seventh consecutive period of sales growth
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City snapshot: McColl's returns to like-for-like sales growth
Profits halved and like-for-like sales slumped at the chain in 2018, blaming supply disruption from Palmer & Harvey’s collapse earlier in the year
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Energy drinks and sugar-free drive CCEP profit and sales growth
Coca-Cola European Partners also announced plans to start trading on the London Stock Exchange
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Olly's Olives secures £200k cash boost to drive expansion
A number of angel investors and high-net worth individuals have backed the brand
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Pollen & Grace reach out for £350k amid new listings
Pollen & Grace has launched the funding drive ahead of new regional listings, which will see it expand into 55 Tesco and 50 Co-op stores in May
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Propercorn founders back £300k boost for Nice canned wine
“Nice is quality wine that has mass market appeal and is 100% recyclable, which made it a no-brainer to Sainsbury’s.” said development manager for Future Brands Tom Elliot
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Staple Dairy Products acquired by its directors in buyout
Staple supplies cheese, butter, aerosol cream, convenience egg products and microwavable rice
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Media Bites 18 Feb: Sainsbury's/Asda, Premier Foods, Patisserie Valerie
Sainsbury’s has drafted in consultants to help with the mammoth task of merging with Asda
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City Snapshot: Heineken's full-year profits surge amid strong beer growth
Dutch brewing giant Heineken saw profits surge ahead of analyst expectations in 2018, pre-tax profits drop at Smurfit Kappa despite 4% revenue growth and the rest of the news from the City
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Media Bites 13 Feb: Pernod Ricard, Molson Coors, Patisserie Valerie
The chief executive of Pernod Ricard roundly dismissed speculation that the French drinks group could become a takeover target
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Children's snack startup Naturelly to reach out for growth funds
The jelly pot and pouch brand is looking to raise £125k in funding from investors
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City snapshot: Mike Ashley withdraws £15m bid for Patisserie Valerie
Sports Direct owner Mike Ashley has pulled out his bid for scandal-hit bakery chain Patisserie Valerie, activist investor Cat Rock has called on Just Eat to merge with a competitor, and the rest of the latest news from the City.
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Media Bites 11 Feb: Iceland, Patisserie Valerie, Ocado
Frozen food chain Iceland is considering bidding for any stores Sainsbury’s and Asda are required to sell in order to obtain regulatory clearance for their merger.
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Pip & Nut looks for minority partner to drive rapid growth
The health-focused supplier has hired Houlihan Lokey to find a partner to acquire a minority stake for around £5m
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Young's Seafood co-owner eyes total control after sale stalls
The Grocer understands HPS Investments is now considering taking total control from co-owners Lion Capital and Bain Capital
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Sushi Gourmet owner Hana Group acquired by Permira
The global fresh sushi retailer, which is partnered with Sainsbury’s in the UK, has been acquired after four years under the ownership of TA Associates
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Shop prices rise at highest rate in almost six years
Shop prices in January jumped at the highest rate in almost six years despite post-Christmas discounts, data from the British Retail Consortium (BRC) suggests.