Coca-Cola GB pumps £3.5M into Morpeth factory
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.
Archives for May 26, 2014
CCE’s loss may be AG Barr’s gain, says analyst
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
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.
Ice cream firm R&R buys Aussie business
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.
Investec on hunt for entrepreneur of the year
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’.
IFST Jubilee conference
IFST conference paints ‘multi-coloured’ picture of food industry
The Institute of Food Science and Technology’s Jubilee conference offered something for everyone involved in food production and research and painted a multi-coloured picture of the industry.