M&A activity deal volume increase led by grocery categories
UK finance advisor Oghma Partners has revealed that merger and acquisition deal volume was up 32.4% compared to the same period last year.
Kellanova invests £75m in Wrexham facility
Kellanova, formerly Kellogg Company, has unveiled plans to invest £75 million in its Wrexham cereal factory, creating “at least” 130 jobs.
Tesco delivers volume growth “ahead of expectations”
UK supermarket Tesco has released its results for H1 2024/25, reporting that its volume growth was “ahead of expectations”.
Mondelēz purchases stake in Urban Legend doughnut brand
Mondelēz has revealed that its corporate venture capital arm SnackFutures Ventures has purchased a stake in the non-HFSS doughnut brand Urban Legend.
Morrisons reports “robust” results despite “softer market”
UK supermarket Morrisons has released its Q3 financial results, reporting a 2.1% rise in total sales to reach £3.9 billion.
BRC finds food inflation up as shop prices deflate
According to the BRC, food inflation has risen to 2.3% in September due to “poor harvests in key producing regions”.