Supplier News – Page 4
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NewsChampagne all round: the French invasion of English vineyards
Continental wine houses plough millions into UK land amid British viticulture boom, The Telegraph reports
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NewsBritvic rebuffs Carlberg £3.1bn takeover bid
The Britvic board and its advisers “carefully considered the proposal”, and concluded that it “significantly undervalues Britvic, and its current and future prospects”
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NewsBeverage sector serves up cheap drinks for all
Despite current wobbles, selling drinks remains a good business, the Financial Times reports
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NewsAsahi: Low & no will generate 50% of global sales by 2040
The Japanese brewing company, which owns Fuller’s beer, is expanding its line-up of low & no beverages through investments in start-ups, to cater to a growing number of health-conscious consumers turn away from alcohol
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NewsZero Carbon Forum launches Marketplace
The new directory is designed to point hospitality and brewing operators to suppliers offering sustainable products and services
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NewsRockfish partners with Westmorland Family
The seafood specialist is launching a digital fish counter at the motorway service operator’s Gloucester location
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NewsMajestic completes acquisition of Vagabond
The retailer and supplier has acquired the wine bar concept out of administration, saving nine bars from closure, though the Canary Wharf and Gatwick airport sites were not included as part of the deal
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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