• Coca-Cola’s European bottler lands $9.68 billion target

    Coca-Cola’s European bottler lands $9.68 billion target

    Coca-Cola’s Australian and European distributors will merge into a single entity after the Sydney based Coca-Cola Amatil voted in favour of the European bottler’s $9.68 billion takeover bid. Coca-Cola Amatil confirmed on Friday its independent shareholders had unanimously approved the buyout by Coca-Cola European Partners (CCEP). The deal is a significant triumph for CCEP which

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  • Morrisons to banish plastic

    Morrisons to banish plastic

    Supermarket giant Morrisons has pledged to remove all plastic carrier bags from its 500 stores over the next year. The chain will switch from its plastic “bags for life” to a paper alternative, making it the first supermarket in the UK to banish plastic carrier bag use completely. The phased removal starts in Scotland this

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  • Mondelez grabs Grenade in £200 million deal

    Mondelez grabs Grenade in £200 million deal

    Mondelez, the US owner of Cadbury, is finalising a £200m deal to buy the British protein bar brand Grenade. The snack giant has secured approval of Grenade’s majority shareholder to buy the sports/gym nutrition firm. The move is Mondelez’s first UK acquisition since purchasing Cadbury in 2010 and is line with comments made by CEO

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  • Johnson & Johnson single dose Covid vaccine cleared by United States

    Johnson & Johnson single dose Covid vaccine cleared by United States

    US regulators have approved Johnson & Johnson’s single-dose Covid jab, boosting America’s vaccine effort and taking it one step closer towards further approvals around the world. The J&J vaccine is the third authorised in the US following Pfizer/BioNTech and Moderna, both of which require two doses. The jab was developed using the same technology approach

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  • Reckitt’s record profit return

    Reckitt’s record profit return

    Reckitt Benckiser (RB) has posted an annual sales rise of 11.8 percent – the strongest results in its history – driven by the pandemic hygiene boom. The Slough based company’s sales surge was led by its flagship Dettol and Lysol disinfectants which were introduced to 41 new markets in a bid to capitalise on unprecedented

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  • Heineken to slash 8,000 jobs amid virus crisis profit plunge

    Heineken to slash 8,000 jobs amid virus crisis profit plunge

    Heineken intends to cut 8,000 jobs as its new Chief Executive Dolf van den Brink reshapes the beer giant amid a pandemic that has brought large parts of the drinks trade to its knees. The Dutch group’s restructuring plans were first flagged in October though there was no indication of just how many jobs might

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  • Brand innovation rewarded

    Brand innovation rewarded

    Unilever, Premier Foods and Procter & Gamble picked up multiple awards alongside other FMCG giants and a host of pioneering newcomers in the 2021 Product of the Year Awards. Now in its 17th year, the awards represent the UK’s biggest and most comprehensive study of product innovation, conducted in association with Kantar. “Innovation comes in all

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  • Sproud’s £5M cash boost for plant-based milk expansion

    Sproud’s £5M cash boost for plant-based milk expansion

    Peas-to-milk brand Sproud has raised almost £5 million from a London-based investor to fast-track expansion across the UK and America. Soya and almond milks have long held the monopoly within the dairy-free milk market with each controlling approximately 40 percent of the sector. Pea protein, however, is having a huge impact on the plant-based sector

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  • Packaging innovator honoured

    Packaging innovator honoured

    Australia’s Ralph Moyle has been revealed as a 2021 winner of the World Packaging Organisation (WPO)  ‘Lifetime Achievement Award’. The accolade was established three years ago with the aim of acknowledging and rewarding excellence in all aspects of packaging science, technology, design and application. Judges, from all over the world, chose Ralph Moyle to receive

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