Supplier News – Page 4
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NewsBrewery insolvencies triple in 2023
Breal Capital, which recently rebranded its growing beer business to Keystone Brewing Group has been active in acquiring distressed businesses such as Purity, Black Sheep, Brew by Numbers and Brick
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NewsSysco GB returns to profit for first time since 2018
The foodservice supplier, which is continuing to pursue acquisitions, posted UK revenues of £2.8bn in 2023
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NewsAsahi’s Greenwich brewery closure ‘another blow to British brewing’
Asahi UK is moving production of Meantime and Dark Star to Fuller’s Griffin Brewery where they will “retain their own unique brand identities”
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NewsHow a taste for cheap chicken is transforming Britain
A boom in poultry farming has been blamed for housebuilding delays and turning rivers green, The Telegraph reports
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NewsCarlsberg Marston’s scrapping of Burton Union System ‘hugely disappointing’
The historic brewing system is being retired at Burton-on-Trent after the joint venture revealed it was no longer viable
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NewsDiageo shares hit lowest level in four years amid China trade row
Shares at the Guinness maker are now trading at their lowest level since November 2020 in the face of weakening sales and trouble with Chinese trade
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NewsCarlsberg Marston’s Brewing Company to close Ringwood Brewery
The joint venture has been trying to sell the Hampshire brewery since June, but will close it in January after being unable to find a buyer
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NewsKarma Kitchen triples estate
The commercial production kitchen operator, which works The Athenian, Sam’s Chicken, and Tacos Padre, has opened its fifth unit
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NewsDiageo’s new boss left shaken and stirred by sales gaffe
Plunging sales in Latin America have shocked investors and created a big headache for new boss Debra Crew
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NewsRussian Carlsberg staff arrested after business seized
The boss of Carlsberg’s Russian business and a top manager have been arrested after the Kremlin took control of the beer company in the country
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NewsCaribbean sales slump rocks Diageo: Shares in biggest fall since 1987
The drinks giant said sales in region to fall by 20% in six months to end of December, the Daily Mail reports
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NewsBeyond Meat cuts workforce as demand softens
The plant-based McDonald’s supplier plans to pursue a ”further, sizable reduction of operating expenses to improve our cost structure”
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NewsHall & Woodhouse offloads Rio
Irn Bru maker A.G. Barr has aquired the tropical drink brand for £12.3m
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NewsClimate crisis will make beer more expensive
Agricultural droughts in Europe are expected to directly impact the amount of hops grown and the quality, expects warn
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NewsMolson Coors to pump £10m into Tadcaster brewery expansion
The investment would take place over a two-year period and increase production capacity as well as reducing carbon emissions
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NewsBritain’s pork pie supply at risk as rising costs bite
The iconic British snack faces disruption from inflation and the war in Ukraine
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NewsDiageo ‘well-positioned’ to deliver despite uncertainty
The global drinks brand will continue to invest in marketing and innovation, CEO Debra Crew has said
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NewsCarlsberg Marston’s to close Wychwood Brewery
The CEO of the brewery JV cited the “incredibly competitive” UK ale market and “turbulent economic outlook” for creating a challenging environment to navigate
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NewsAllesch-Taylor launches crypto coffee platform
The entrepreneur behind Coffeesmiths Collective has returned to the coffee space after the collapse of the speciality operator in 2020
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NewsRobot chef company broken up after collapse
Parts of London start-up Karakuri have been sold off to Henry Penny, a US foodservice equipment supplier to KFC and Wendy’s