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...Since then, as well as agreeing to buy Presidio, it has made a series of large investments including buying snack company Shearer’s Foods. CD&R and BC Partners declined to comment....
...The grocer acquired 350 petrol stations and more than 1,000 food-to-go sites which were previously owned by EG Group. CD&R bought MFG for £500mn nearly a decade ago....
...Traditional sales via distributors and other wholesalers were just 17 per cent. (Exports represented a mere two per cent.)...
...Last year Bunzl’s acquisitions included a distributor of food service equipment in Spain with annual revenues of €5mn, and a hygiene products business in Brazil with annual revenues of R$210mn (£33mn)....
...crisis affected consumption and distributors ended up with large stocks,” said Kunze-Concewitz....
...Vertex hopes to receive US Food and Drug Administration approval for a non-opioid painkiller, known as VX-548, this year after a late-stage clinical study showed it lowered pain with a far lower incidence...
...Indeed, Huffman pays tribute to r/wallstreetbets in the prospectus (emphasis added): Time and again, Reddit communities have provided exactly that context and been a tremendous force for good: they have...
...Ensuring “safe, high-quality formula is in the hands of families that need it” continued to be a top priority, it added in a statement. CD&R and the DoJ declined to comment....
...“Food importers and producers typically lock-in long term wholesale contracts, so changes in commodity prices feed through to their cost base with a lag,” said Gerardo Martinez Garcia, an economist at French...
...Upon announcing a split into three separate companies in June, the Michigan-based food group Kellogg said it would place the headquarters of the biggest one in Chicago....
...An interesting example is BJ’s Wholesale, a members-club bulk retailer that is popular among a wide range of consumers....
..., a Northern Ireland-based distributor of brands including Walkers crisps, Quaker oats and Cadbury’s chocolate....
...Following a refinancing and restructuring of its wholesale business, Berry Bros is investing £4.5m in a temperature-controlled warehouse near Andover that will double its storage capacity to 14m bottles,...
...Le Maire said this month that 75 food producers had pledged to lower prices by July, in line with falling wholesale costs....
...UK households should expect energy bills to remain high as wholesale prices are still well above the average before the Ukraine war....
...Instead, he portrayed this as the result of a slow regulatory process at the US Food and Drug Administration....
...Amazon, which is cutting 27,000 jobs globally in response to slowing sales growth, has shut down fledgling food delivery, online education, wholesale distribution and book publishing operations in India....
...At some businesses, “eating your own dog food” is a metaphor....
...Thanks to a healthy current account surplus and an unusual decelerating inflation rate this year, Brazil’s currency should trade closer to R$4.50 to the dollar rather than today’s R$5.30 thinks Robin Brooks...
...Wm Morrison, which recently lost its place as Britain’s fourth biggest supermarket chain, reported a near halving of profits in the third quarter as “unprecedented inflationary pressures” hit its food manufacturing...
...Founder Jim Flavin then switched to a decentralised conglomerate structure, gradually selling off all the bits that weren’t energy, technology, food & beverage or healthcare....
...David Wang, owner of a discount food store in Beijing, said that he bought 5,000 cakes in April with a shelf life of less than a week from a global fast-food chain for Rmb20 each — half the regular wholesale...
...It had sought to find a new distributor in Israel to end sales in the occupied territories, but Unilever announced in June it had agreed to sell the ice cream maker’s Israeli operation to its existing local...
...“New technology allows you to differentiate and create competitive advantage,” said Isabel Fernández, lead R&D scientist at Heura Foods, a Spanish plant-based meat group....
...Per Bloomberg: Juul Labs Inc. is beginning talks regarding funding for a potential Chapter 11 bankruptcy, according to people with knowledge of the preparations....
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