PE Firm Set To Acquire Owner Of Burts Snacks
Europe Snacks, the French private-label crisp manufacturer that acquired British brand Burts Snacks last year, looks set for a change of ownership.
The firm is...
Unilever’s Sales Growth Disappoints But Beats Profit Estimates
Unilever has posted weaker-than-expected second-quarter growth as it battled to lure back cash-strapped consumers with discounting and promotions.
Underlying sales at the consumer goods giant...
Nichols Eyeing Acquisition Opportunities To Tap Into Emerging Trends
After posting robust first-half results yesterday, Vimto maker Nichols revealed that it was exploring acquisition opportunities as part of moves to shape its portfolio...
Critical Need For Ongoing Investment In The Food And Beverage Sector...
Recent data shows that investment in the food and beverage (F&B) sector declined by 30.5% between 2019 and 2023. The growth of the sector...
Remy Cointreau Too Concentrated In Cognac, Investors Say
Remy Cointreau investors say the company needs to diversify further as its reliance on cognac sales in the United States and China leaves it...
Reckitt To Exit Non-Core Home Care Brands As Part Of Restructuring...
Alongside the release of its half-year results today, Reckitt revealed that it had launched a strategic review of its infant formula business and outlined...
Better Weather And Promotions Boost Grocery Sales; Brands Outperform Own-Label
Data from NIQ shows Total Till sales at UK supermarkets increased 3.6% during the four weeks to 13 July, having grown by just 1.1%...
Good First Half For Nichols
Vimto maker Nichols announced a special dividend worth £20m today after delivering robust profit growth in the first half of the year.
The firm’s adjusted...
Hovis Appoints Chief Marketing Officer
Bakery brand Hovis has hired Mark Brown to take on the newly created role of Chief Marketing Officer to support its growth plans.
He has...
Greencore Upgrades Outlook After Solid First Half
Leading convenience food manufacturer Greencore has upgraded its full-year outlook after a period of “robust financial and operational performance”.
The company now expects full-year adjusted...