latest – Page 49
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NewsItsu bags £40m refinancing to take a bite out of overseas markets
Food-to-go chain Itsu has agreed a £40m bank refinancing package to help it implement a three-year expansion plan at home and abroad.
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NewsCrowdfunding push by chocolate venture Coeur de Xocolat
Coeur de Xocolat is the latest food & drinks business to turn to the crowd for cash to build its brand
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NewsBrowns Food Group to increase exports with bank support
Scottish food group Browns has agreed a £20m funding package to support ongoing growth and investment as it increases sales 4.4% to £151.7m.
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NewsFeel Free seeks £200,000 to expand gluten-free production
Food producer Feel Free is looking to capitalise on the growing trend for gluten-free with a £200,000 crowdfunding pitch
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NewsCornish Sea Salt Co secures funding to fuel exports
Cornish Sea Salt Company is targeting more international sales after securing £1.3m in funding. The natural salt manufacturer also plans to ramp up its UK production facilities to keep up with demand for its products at home and abroad.
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Comment & OpinionShort-term capital is becoming an operational necessity
Access to credit is crucial to successful working capital management
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NewsC-store chain McColl's renegotiates £100m credit facility
Convenience specialist McColl’s has secured a £100m refinancing package to enable it to increase the rate of its post-IPO expansion.
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NewsTossed hits fundraising target with support from Andy Murray
Food-to-go retailer Tossed has smashed its fundraising target of £750,000 on crowdfunding platform Seedrs with help from tennis world number two Andy Murray.
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NewsCaféPod completes £1.35m funding round
UK coffee pod supplier CaféPod has completed a fundraising drive worth £1.35m and announced former Diageo European president Andrew Morgan will join its board after making a major investment.
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NewsLily's Kitchen secures cash boost from US firm Catterton
Fast-growing petfood business Lily’s Kitchen has been boosted by a cash injection from US private-equity firm Catterton…
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NewsBrakes tipped to go for IPO rather than private sale
Foodservice giant Brakes looks likely to buck the trend of choosing a sale over a stock market flotation…
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NewsTags Crisps bags backing of Dragons
Former Seabrook Crisps MD John Tague has secured a six-figure investment for his snack brand Tags after a pitch on the BBC’s Dragons’ Den. He hopes the backing of Deborah Meaden and Peter Jones will be the key to unlocking the door to a listing in Sainsbury’s.
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NewsUrban Fresh Foods in talks for growth funds
The fruit snack business has been growing rapidly since it launched almost six years ago
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NewsTate & Lyle raises $400m to finance future growth
UK-listed Tate & Lyle has raised US$400m (£256m) in a private corporate bond placement to refinance existing debt and underpin future growth.
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NewsEuro Garages raises £100m for new acquisitions
The funding, comprising senior debt facilities, will be used to fund the company’s purchase of 104 Esso sites in the South East
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NewsCrowdfunding model attracts six more food and drink companies
Six more food and drink companies have turned to the crowd
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NewsSquare Pie targets £2m from launch of ‘pie bond’
Gourmet pie business Square Pie, which has listings in Tesco and Ocado is aiming to raise up to £2m from a crowdfunding campaign to add new products to its supermarket range.
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NewsHambledon Vineyard raises £3.5m in mini-bond scheme
One of England’s oldest vineyards has raised £3.5m in a crowdfunding scheme to help expand its output and build up stocks.
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NewsPoundshop.com bids to treble range with crowdsourcing cash
The online discount site, set up in early 2014 by Poundland founder Steve Smith, is selling 8% equity on Crowdcube, valuing the business at £2.2m
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NewsHummus Bros plans supermarket launch following fundraising
The Mediterranean restaurant chain, which has been trading since 2005, already has four high street locations in London