Online B2B produce marketplace Foodomarket raises £9.5 million to expand in UK and US
Foodomarket, the digital B2B food marketplace for the hospitality industry, has raised £9.5 million in a Series A funding round.
Around Noon acquires The Soho Sandwich Company
Around Noon has acquired a major FTG business to create an enlarged group with 800 employees and revenues of £80 million per annum.
Brakes announces a 6-month price hold on 1,850 products
Brakes, a foodservice wholesaler, owned by Sysco, has announced it is holding prices on 1,850 own brand frozen and ambient products until October 2023.
Britain’s foodservice spend was down 80% in April 2020
Global information company The NPD Group says weekly spend in British foodservice in April 2020 was just over £200 million, compared to April 2019’s weekly spend level of around £1 billion pounds – a fall of 80%. In addition, the decline in British out-of-home (OOH)...
