The Lakes Distillery secures US$5.5m investment from Comhar Capital

UK – The Lakes Distillery has secured £4.25 million (US$5.5 million) in funding from investment company, Comhar Capital to support its growth plans. The British business was set up in 2011 and produces single malt […]

2 Sisters Food Group appoints Richard Pennycook as new Chairman

UK – Boparan Holdings, the parent company of British food manufacturer, 2 Sisters Food Group, has appointed retail industry heavyweight, Richard Pennycook as the new Chairman of the business. Richard will succeed Lord Charles Allen […]

British online grocer Ocado launches US$642m bond issue to fund robotic warehouse deals

UK – Ocado, a dedicated online grocery retailer has launched a £500 million (US$642 million) convertible bond offering, partly to fund the construction of robotic warehouses for its overseas partners. While Ocado’s retail business has […]

Diageo launches new AI whisky selector to help consumers discover their favourite whisky

UK – The Johnnie Walker and Buchanan’s brands owner, Diageo has launched a new tool ‘What’s Your Whisky’ which uses artificial intelligence and machine learning to help consumers find their perfect whisky, based on their […]

Coca-Cola European Partners expands Espresso Monster range with salted caramel variant

UK – Coca-Cola European Partners (CCEP) is launching a new variant; Salted Caramel flavour, an addition to its ready-to-drink Espresso Monster energy drink range which includes Espresso & Milk and Vanilla Espresso. The new flavor […]

German confectioner Katjes International acquires majority stake in Candy Kittens

UK – Katjes International, a German confectionery group has increased its investment in UK sweets brand Candy Kittens in a deal that will see Katjes become the major shareholder in the company. Founded in 2012, […]

Mondelēz International’s snacking report highlights trends in global snacking market

UK – Mondelēz International has released its first-ever state of snacking report exploring the evolving global consumer snacking trends and examining the role snacking plays across the world in meeting consumers’ evolving needs. The study […]

Britain’s Sainsbury’s signs private label deal with Australian retailer Coles

UK – British supermarket group, Sainsbury’s has signed a major deal to supply private label products to Australia’s second largest retail chain Coles. The arrangement, which Sainsbury’s says is its biggest wholesale deal yet, will […]

Kellogg’s partners with Deliveroo to launch direct-to-consumer kitchen

UK – The Kellogg Company has launched a direct-to-consumer kitchen in partnership with meal delivery service Deliveroo. The cereal and snacks business has opened the Kellogg’s Kitchen Creations in East London that will be producing […]