Archives for May 26, 2014

← 2014

Investec on hunt for entrepreneur of the year

By Laurence Gibbons

Bank and market analyst Investec has launched a hunt to find a food or drink business that has reinvented its category to crown its ‘Food & Drink entrepreneur of the year’.

Ice cream firm R&R buys Aussie business

By Rod Addy

R&R Ice Cream has bought Aussie ice cream business Peters Food Group from private equity group PEP fund IV, gaining brands such as Drumstick, Conoisseur, Peters Original and Maxibon.

Coca-Cola GB pumps £3.5M into Morpeth factory

By Rod Addy

Coca-Cola Great Britain (CCGB) has announced plans to invest £3.5M in Coca-Cola Enterprises’ (CCE’s) bottled water factory in Morpeth, Northumberland, to tap into a growing category.

CCE’s loss may be AG Barr’s gain, says analyst

By Rod Addy

Soft drinks firm AG Barr is benefiting from Coca-Cola Enterprises’ (CCE’s) struggling performance, according to Shore Capital analyst Phil Carroll, commenting on the former’s first financial quarter (Q1).

£80M pumped into Hovis to fund future growth

By Rod Addy

Hovis has received £80M of cash from commercial lender GE Capital to fund future growth plans following The Gores Group’s acquisition of a controlling stake in the bakery firm in January.