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...The overhaul marks the latest big change inside the empire of JAB, the European investment group best known for its ownership of Pret A Manger, Coty and Krispy Kreme....
...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....
...His focus then shifted to food retail, which led to the acquisitions of Pret A Manger, US bakery fast-food chain Panera Bread and Krispy Kreme among others....
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...Group revenue edged up 2 per cent to £9.7bn....
...McKim levelled accusations at Weckert that customers were skipping meals, eating less healthy food and “dumpster diving” for wasted food because they could not afford to pay the steep prices being charged...
...Doronin, who is also founder and chairman of OKO Group, has become a serial star-chitect collaborator....
...Drawing on her prior experience running Suntory Beverage & Food’s human resources department, she wants to internationalise the group further....
...The group has also managed to weather high food inflation. However, its share price has underperformed rivals....
...Five years on, the US private equity group is shifting the troubled business off its books, but not in the way it would have liked....
...food of a kind used for human consumption” and that they do not fall within any of the excepted items in that Group....
...ArcelorMittal has obtained a €140mn freezing injunction in Singapore against Sanjeev Gupta’s Liberty House Group, as part of efforts to enforce an arbitration award against the British steel magnate’s companies...
...Executives met Nigeria’s vice-president in March and pledged to assist the country in attaining its food security goals....
...Delivery Hero has exited completely from its fellow online food order group Deliveroo with a £77mn sale of its entire stake as consumer demand for takeaways has dwindled since the highs of a pandemic boom...
...Leqembi slowed cognitive decline by 27 per cent compared with the placebo group in a phase 3 trial....
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...The reaction of a broad swath of trade lobby groups was unanimous: unvarnished anger....
...The model is rarely used in continental Europe, however, while in the US it is mainly confined to niches such as fast-food franchises rather than essential utilities....
...US influencer Jimmy Donaldson, known online as MrBeast, with a record 240mn subscribers on YouTube, now sells a range of food products off the back of his social media success....
...Called Australian Wine Holdco, the consortium also includes asset managers Intermediate Capital Group, Capital Four, Sona Asset Management and Samuel Terry Asset Management....
...food shops, going from 253 grocery sites six years ago to 319 now....
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