Ed Devlin
Ed is The Grocer's chief financial reporter.
Contact info
- Mobile:
- 07936 685 375
- Email:
- ed.devlin@wrbm.com
NewsMedia Bites 23 June: Ocado, Morrisons, Tesco, DS Smith
Rumours of Amazon interest in Ocado has generated lots of excitement and stories in this morning’s papers.
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Media Bites 22 June: Arla, THG, Ocado
This morning’s papers pick up on warnings by Arla of a lack of workers, THG’s founder giving up his “golden share” and bid speculation around Ocado.
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VFC confirms rescue of Meatless Farm
The Meatless Farm brand in the UK will be retained to complement and diversify VFC’s range of frozen plant-based chicken products
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Food inflation slows for second month in a row
Food inflation has slowed for the second consecutive month but the UK’s headline rate remained unchanged, according to new figures this morning. Plus, a trading update and exec appointment from THG ahead of its AGM, and Vimto owner Nichols appoints an interim CFO.
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Meatless Farm set for rescue by vegan fried chicken challenger VFC
Meat-free startup VFC, launched by Veganuary and Veg Capital founder Matthew Glover, is close to securing the rescue of the Meatless Farm brand in the UK
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Media Bites 20 June: Food inflation, BAT, Coca-Cola HBC
Morrisons and M&S have become the latest supermarkets to cut the price of basics as retailers face pressure to do more to tackle soaring living costs.
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City snapshot: Coca-Cola HBC expands spirits offering with $220m Finlandia vodka acquisition
Hellenic Coke bottler Coca-Cola HBC has acquired the Finlandia vodka brand from a subsidiary of Brown-Forman, the US owner of Jack Daniel’s, for $220m. Plus, management board changes announced at British American Tobacco.
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Media Bites 16 June: Inflation, Unilever, Iceland
The cost of some family favourite dinners has soared by as much as a quarter over the past year, according to the papers this morning.
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Allplants slashes valuation in pursuit of profitability
DTC plant-based player Allplants has slashed its valuation as part of a £10m fundraising from its existing backers amid increasing pressure on the vegan category
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Media Bites 15 June: Asda, Bestway, UK economy
A quiet morning in the papers but there is coverage of an Asda stores sell-off.
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City snapshot: WH Smith secures £400m refinancing to support travel ambitions
WH Smith has completed a £400m bank refinancing to support the group’s growing travel retail division.
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Meatless Farm officially collapses as Kroll appointed as administrator
Meatless Farm has officially collapsed into administration after losing its battle to secure new investment, leaving shareholders facing multimillion-pound losses
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Mamamade brand rescued from liquidation by the Family Food Co
The Family Food Co has rescued the Mamamade brand out of liquidation in its second deal of the year, as part of ambitions to build a marketplace for healthy meals for kids
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Sentient Ventures backs trio of female-founded plant-based brands in maiden investments
The fund – launched last year by the team behind Veg Capital – is backing plant-based cheesemonger La Fauxmagerie, vegan pizzeria Purezza and plant-based chicken maker Rebellyous
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Farmison hires retail veteran Andy Adcock as new CEO
The upmarket online retailer has also partnered with rapid delivery business Gopuff, 50 days after it was relaunched by ex-Asda boss Andy Clarke
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Media Bites 13 June: Meatless Farm, Sainsbury’s, Ocado
The Grocer’s exclusive on the failure of Meatless Farm makes headlines this morning.
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Meatless Farm set to enter administration as all staff made redundant
Loss-making Meatless Farm is set to collapse into administration after a desperate search for new investment to save the plant-based brand proved fruitless
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City snapshot: Record palm oil production for Dekel Agri-Vision as prices start to soften
Dekel Agri-Vision has reported a softening of palm oil prices as it delivered another “strong” month of soaring production.
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Princes owner holds out for higher price
The Japanese owner of Princes is determined to press ahead with a sale of the brand this year despite initial bids falling short of expectations
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Montezuma’s Chocolate rescued by Paramount Retail Group
The confectionery maker and retailer has been rescued in a deal that sees the chocolatier’s founders return to the business
