Archive of all news articles – Page 5
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News
C&C Group urged to consider sale by activist investor
Engine Capital described the Dublin-headquartered drinks group as a ‘perennial underperformer’
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City snapshot: English winemaker Chapel Down instigates strategic review
The UK’s largest winemaker has announced it will conduct a strategic review of the business that could result in a sale of the company
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Media Bites 25 June: C&C Group, Britvic/Carlsberg, Ocado, THG
C&C Group have been urged to considering selling up, while Carlsberg’s pursuit of Britvic continues to make headlines
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Allplants secures further investment as it closes in on profit
Allplants has raised an additional seven-figure sum as the vegan frozen ready meal maker continues its drive for profitability
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Tidal Rum returns to the crowd to help scale premium craft brand
Shorts Boy Distillery – founded by Harry Coulthard and Ben Clyde-Smith – launched the rum brand in 2019
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Supreme acquires Clearly Drinks in £15m deal to broaden offering
Vape supplier Supreme has diversified its offering with the £15m acquisition of Clearly Drinks
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Nesquik in recipe u-turn after shoppers complain of unappealing ‘sludge’
The brand swapped out maltodextrin for rice flavour, but the move has been unpopular with shoppers
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Quorn and meat-blended products on menus ‘by end of the year’
The meat-free giant said the move would help reduce overall meat consumption
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Samworth Brothers promotes from within as CEO Hugo Mahoney steps down
Samworth Brothers has parted ways with CEO Hugo Mahoney and promoted a new boss from within its ranks of current executives, The Grocer can reveal
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Popeyes UK to open first Northern Irish restaurant
The chain has confirmed it is on track to more than double its estate in 2024
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A third of fast food meals ‘contain double recommended calories’
Analysis of out-of-home dining Nesta found common meals from fast food outlets had an average calorie content of 1,121
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Biotiful launches kefir overnight oats range
The range is available in Mixed Berry and Spiced Fruit variants and contains no artificial ingredients or added sugar
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Aston University appoints Lioncroft Wholesale CEO as chancellor
Dr Wouhra has been recognised for his contribution to business and leadership in the region
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Hip Pop hires Britvic sales executive to complete senior leadership team
The team is headed up by Hip Pop CEO Graham Beales
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Media Bites 24 June: Britvic/Carlsberg, retail sales, Getir
Carlsberg is understood to be preparing to put a third bid for Britvic on the table
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City snapshot: Carlsberg receives Pepsi blessing for Britvic takeover
PepsiCo has given Danish brewer Carlsberg the go-ahead to continue its pursuit of soft drinks group Britvic. Plus, vaping group Supreme snaps up soft drinks group Clearly Drinks for £15m and THG issues trading update ahead of AGM
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City News: Tesco shares rise on continued market share gains
Tesco shares received a further boost following another “strong” quarterly performance, with investors buoyed by UK market share gains and strengthening volumes
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Wilkin & Sons puts its £2m loss down to hikes in cost of energy
Royal Warrant holder Wilkin & Sons fell to a £2m operating loss last year as soaring energy prices and input costs hurt its bottom line.
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Warburtons sees record sales in tough wrapped bread category
Bakery giant Warburtons shrugged off the declining wrapped bread category to post record sales and profits last year
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Fuel price transparency ‘bringing back competition’ as petrol drops £2.50 a tank
The AA explained it can take up to two weeks for wholesale costs to be reflected at the pump as retailers sell off existing stock they bought at the previous price