Archive of all news articles – Page 300
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News
CIty snapshot: Kitwave acquires foodservice wholesaler WestCountry Food in £29m deal
Kitwave Group has snapped up fresh produce wholesaler WestCountry Food Holdings for £29m to incorporate into the company’s foodservice division. Pkus, Fever-Tree Drinks appoints new chairman.
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City News: Naked Wines shares buoyed despite first-half loss
Naked Wines shares were buoyed this week by signs of a bottom line turnaround, despite slipping to a first-half loss
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Administrators seek buyer for Wild Beer Co
Beer brand Wild Beer Co has fallen into administration after struggling to recover from the pressures of Covid, while battling rising costs
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Student launches Christmas wonky veg box to support vulnerable
The Earth & Wheat box will include large potatoes, parsnips, red cabbage, carrots, broccoli, leeks, onions, garlic, herbs and brussels sprouts
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Unitas awards staff one-off £500 cost of living payment
The business said it was recognising the dedication and effort of its staff through the one-off payment
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Rapid grocer Getir acquires rival Gorillas
The terms of the deal were not shared by Getir when the acquisition was announced this afternoon
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Wholefood Earth to give The Vegan Kind website ‘a new life’
Online supermarket The Vegan Kind, which shuttered last month, has been revived by a family run vegan foods retailer with plans to reinvigorate the brand and bring it back to operations.
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Sainsbury’s extends removal of single-use plastic lids to dips range
From March 2023, dips including guacamole, tzatziki and sour cream & chive will no longer be sold with single-use plastic lids
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Co-op to launch £1m funding boost to help local causes keep warm during winter
The ‘warm spaces’ initiative means community groups across the UK can apply for match funding of up to £3,000 per group until March 2022
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Urgent action needed to tackle ‘underestimated’ food waste issue
Food redistribution charity FareShare said it was unacceptable that its calls for funding had fallen on deaf ears
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Meadow Foods reports strong growth with sales and profits up
Meadow attributed its growth to rising milk and dairy ingredient prices, alongside “some volume growth” of ingredients, while exports performed solidly
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Junk food ad ban delayed until after next general election
It is understood ministers will lay regulations in parliament this week that will put the start date back until October 2025
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Freshcut Foods close to new investment as Perwyn lines up exit
Perwyn hired advisors at US-based investment bank Stephens to explore options for the fresh ingredients supplier earlier this year.
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City snapshot: ABF says cost inflation remains significant but volatility diminishing
Ahead of its annual general meeting today, ABF has said its outlooking for the current financial year remains unchanged but that the volatility of input costs has begun to ease
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Media Bites 9 Dec: Morrisons, food ads, British American Tobacco
Morrisons has struck a £220m “sale and leaseback” deal that will allow it to accelerate the launch of Morrisons Daily, its convenience store chain
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The Good Food Programme recruits cohort of healthier challenger brands
The incubator scheme aims to help 10 progressive food and drink startups to develop healthier products
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David Wagstaff made St Pierre MD as David Milner moves on following Grupo Bimbo sale
Wagstaff brings more than 30 years’ experience in the food and drink industry to the role
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Marks & Spencer strikes EV rapid charger deal with BP
The agreement will see BP’s electric vehicle charging business install an initial 900 points in around 70 of M&S’s UK stores in the next two years
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Bestway planning to add more stores to Iceland product sales trial
It is understood Iceland has given Bestway access to its licensed products, with the exception of Greggs
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Central Co-op kicks off solar panel rollout programme with Sol PV Group
The society said the move reinforced its long-term vision to be self-sufficient by investing in greener forms of energy