Supplier News – Page 14
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News'Peak prosecco' as sparkling wine sales dip
Sparkling wine sales in the UK have fallen by 3 million bottles in the last year as the UK market passes ‘peak prosecco’, research from UHY Hacker Young reveals.
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NewsFourpure owner Lion acquires Magic Rock
Australian-headquartered food and beverage company Lion has acquired 100% of UK craft brewer Magic Rock Brewing Company.
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NewsZonal sees lfl growth margins up 4%
Zonal has seen its like-for-like gross margin increase by 4%, to 70%, in the year ended 30 June 2018, with record investment in research and development – up 41% to £6.9m.
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Compass announces rebranded RA Group
Compass Group UK & Ireland has rebranded three of its business under one umbrella, the RA Group.
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NewsAdnams updates on ‘year of change’
Adnams, the Suffolk-based family brewer, has reported revenue up 5.6% in 2018 to £78.9m but EBITDA down slightly from £5.4m to £5.2m.
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NewsResults round-up
This morning has seen a series of trading updates from key suppliers to the sector, including Fever-Tree, AG Barr and Vianet. MCA brings you the key points from the announcements.
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NewsMajestic to close stores as it focuses on Naked
Wine retailer Majestic has announced a transformation plan which will see it focus on growth in its online arm, Naked, while releasing capital from its eponymous brand through store closures and sales.
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NewsChicago Town rolls out to c-stores
Chicago Town, the frozen pizza brand, has launched hot pizza cabinets to roll out at convenience stores.
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NewsBidvest to return as main KFC supplier
Best Food Logistics, formerly Bidvest, is to return as KFC’s main supplier, following the departure of DHL, The Sun has reported.
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BD Foods acquired by AAK
BD Foods, the UK foodservice company, has been acquired by AAK, the Swedish-Danish oil and fat producer.
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Heineken reports FY double digit growth in UK
Heineken has said that volume growth in the UK was in double digits in 2018.
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NewsBeer sales saw biggest increase for 45 years in 2018
Beer sales saw the biggest year-on-year increase for 45 years in 2018, according to the latest Beer Barometer sales data from the British Beer & Pub Association (BBPA).
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Serious Pig launches crowdfund
Serious Pig, the pub snack business backed by BrewDog founder James Watt, has launched a crowdfunding campaign to raise £350,000.
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Diageo UK sales up 14% in H1
Diageo has reported net sales up 14% in the UK for the six months to 31 December.
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NewsAG Barr FY revenues up 5%
AG Barr has announced revenues of c£277m for the full year ending 26 January 2019, up c.5% on the prior year.
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NewsFuller’s to sell beer business to Asahi for £250m
Fuller’s has agreed to sell the entirety of its beer business to Asahi for £250m.
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Filta Group acquires WatBio
Filta Group Holdings, a provider of fryer management and environmental services to commercial kitchens, has announced the acquisition of WatBio for c£7m.
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NewsCarlsberg UK announces changes at the top
Carlsberg UK CEO Julian Momen is leave the business at the end of March 2019. He will hand the reigns to Tomasz Blawat, who currently heads up Carlsberg Poland.
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NewsCrafty Brewing Co acquires LBC
The Crafty Brewing Company, the microbrewery based in Dunsfold, Surrey, has acquired Guildford-based brewery, The Little Beer Corporation (LBC).
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NewsDeliveroo unveils pizza inserts
Deliveroo is rolling out biodegradable greaseproof paper inserts to operators to enable better recycling of pizza boxes.