Finance

Typhoo processes its branded and own label teas in the UK

Typhoo Tea acquired by Zetland Capital

By Rod Addy

Typhoo Tea Ltd, maker of brands such as Lift and Heath & Heather has been acquired by private equity firm Zetland Capital, enabling it to invest in production and boost jobs.

Dark days for Scotch whisky as US tariff remains in place

Whisky, beer and gin industries, Walkers Shortbread and Government respond on US tariffs

US tariffs wipe £300m off Scotch whisky exports

By Rod Addy

US tariffs have wiped £300m off Scotch whisky sales, with losses set to grow as it emerged they would be kept in place for what is one of Scotland's staple exports.

Sales of Robinsons have helped bolster Britivc's fortunes during the COVID crisis

Britvic bolstered by at-home beverages during COVID crisis

By Gwen Ridler

Beverages manufacturer Britvic has balanced the impact of the COVID-19 crisis and the almost complete shutdown of the hospitality and foodservice sectors with strong at-home sales, according to its latest financial results.

Unilever will attempt this by strengthening innovation in new business models

Unilever to halve plastics by 2025

By Dan Colombini

Manufacturing giant Unilever has announced that it will halve its use of virgin plastics by 2025, cutting that usage by 100,000 tonnes (t).

BrewDog valued at £1bn as 23% stake sold to US investor

‘We’re growing mega fast at the moment’: BrewDog

BrewDog valued at £1bn as 23% stake sold to US investor

By Rachel Arthur

TSG Consumer Partners, a San-Francisco based strategic equity investor, has acquired approximately 23% of Scottish independent craft brewer BrewDog. 

Enact buys Excelsior flexible packaging firm

Enact buys Excelsior flexible packaging firm

By Jenny Eagle

SME fund, Enact has made a six-figure investment in flexible packaging company Excelsior which specialises in gravure print for the food, confectionery and medical sectors.

DS Smith announces its Q1 financial results

DS Smith: corrugated volume sees +1% growth

By Jenny EAGLE

DS Smith has issued its Q1 interim management statement for the three month period to July 31 and recently hosted a presentation for financial analysts and institutional investors in Brussels.

Ardagh CEO Niall Wall says Fi Par acquisition will make Italy a key market

Ardagh buys up Italian can maker Fi Par

By Guy Montague-Jones

Ireland-based Ardagh Group has agreed to buy can and aerosol maker Fi Par in a deal that builds on its €1.7bn acquisition of Impress last year.

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