MycoTechnology Appoints New CEO
Effective 2 January 2025, Jordi Ferre will assume the role of CEO, succeeding interim CEO Ranjan Patnaik, who will refocus on his primary responsibilities as...
Tag : business news
Typhoo Secures £10.2 Million Acquisition from Administration
Typhoo Tea announced the appointment of administrators after facing mounting losses in recent years. Following this, Supreme swiftly moved to secure a potential acquisition deal....
Waitrose Launches Its First New Store in Six Years
Waitrose has opened a new 3,000 square foot convenience shop in Hampton Hill, located in south west London. This marks the retailer’s first new location...
Allan Leighton Named Executive Chair of Asda
Asda has officially announced the appointment of Allan Leighton as the new executive chair, taking over from Lord Stuart Rose. Allan Leighton boasts an extensive...
Typhoo Tea Enters Administration as Supreme Readies to Finalize Acquisition
Earlier this month, the firm filed a notice of intention (NOI) to appoint administrators and is currently collaborating with advisory firm Kroll. This move has...
Morrisons Considers Closing Rathbones Bakery, Putting 400 Jobs at Stake
Morrisons has reached a critical juncture following a “thorough review” of the Rathbones business model. While the retailer has emphasized that no final decision has...
Grupo Bimbo Expands Portfolio with Acquisition of Don Don Bakery
Grupo Bimbo has significantly expanded its acquisition strategy by acquiring the Slovenian bakery business, Don Don. Headquartered in Mexico, the renowned bakery giant has pursued...
ACE UK names Mandy Kelly as new CEO
Mandy Kelly has been appointed as chief executive of the liquid carton trade association ACE UK, bringing over 30 years of expertise in the recycling...
Italy’s Euricom Acquires European Rice Competitor Sonko
In a strategic move within the snack industry, Italian rice and pulses giant Euricom has successfully acquired the Polish snacks company Sonko for an undisclosed...