Diageo swaps Bushmills for Don Julio and £255M
Diageo has agreed to sell its Bushmills Irish whiskey brand to Jose Cuervo Overseas in return for full ownership and control of Casa Cuervo’s tequila brand Don Julio and $408M (£255M).
Archives for November 3, 2014
Beware Christmas food fraud, warns expert
Food and drink manufacturers and retailers have been warned to beware the threat of Christmas food fraud, as cash-conscious shoppers hunt for the best deals; possibly tempting some in the supply chain to break the law.
Wrights Food Group appoints new finance director
Cheshire food manufacturer Wrights Food Group has appointed Lisa Smith as its new financial director.
Final bids for United Biscuits laid down
The bidding war for United Biscuits (UB) has come down to three players: Kellogg, Burton’s Biscuit Company and Turkish food producer Ulker Biskuvi Sanayi, which have all now submitted final bids.
Retailers rail at FSA’s Campylobacter retort
A row has broken out between the British Retail Consortium (BRC) and the Food Standards Agency (FSA) over its retail survey charting Campylobacter contamination of poultry in stores.
Produce World Group acquires Fenmarc’s roots
Peterborough-based vegetable grower Produce World Group has acquired the root vegetables division of Fenmarc Produce for an undisclosed amount.
Morrisons’ trading a worry in ‘un-investable sector’
Morrisons’ trading remains a worry, as the retailer enters a critical quarter in a currently “un-investable” British retail sector, warns City analyst Shore Capital, ahead of the firm’s third-quarter results to be posted this week.