Diageo faces $150m yearly impact from U.S. tariffs
Drinks giant Diageo has warned that the continuation of the 10% U.S. tariff on UK and European imports could cost the company an estimated $150 million (£112 million) annually.
The company said it expects to offset around half of the impact on operating profit on an ongoing basis without adjusting its prices, but added that it will continue to explore additional mitigation measures.
Diageo issued the warning in its Q3 2025 trading statement, which showed a 2.9% year-on-year sales increase to $4.
more »
The company said it expects to offset around half of the impact on operating profit on an ongoing basis without adjusting its prices, but added that it will continue to explore additional mitigation measures.
Diageo issued the warning in its Q3 2025 trading statement, which showed a 2.9% year-on-year sales increase to $4.
more »
20/May/2025 08:15
Heineken announces £40m investment in its community pub estate
Heineken has unveiled plans to invest £40 million into over 600 community pubs located in rural and suburban areas.
The brewer and pub operator stated that the £40 million investment in its Star Pubs division will support the reopening of closed sites, with renovation work already underway or completed at 10 pubs in 2025.
In 2024, Heineken invested £9.5 million to reopen 62 long-term closed pubs and reported its lowest number of closures since 2019.
In addition to refurbishments.
more »
The brewer and pub operator stated that the £40 million investment in its Star Pubs division will support the reopening of closed sites, with renovation work already underway or completed at 10 pubs in 2025.
In 2024, Heineken invested £9.5 million to reopen 62 long-term closed pubs and reported its lowest number of closures since 2019.
In addition to refurbishments.
more »
06/May/2025 11:20
A.F. Blakemore appoints new Chief Financial Officer
A.F. Blakemore & Son Ltd has named Steven Nuttall as its new Chief Financial Officer (CFO).
He will succeed Ian Kellett, who joined in July and is set to retire at the end of May.
Nuttall brings extensive leadership and transformation experience in retail and FMCG, having most recently served as Group CFO at the fresh goods business Flamingo Group.
His previous roles include Interim CFO at Asda and Finance Director for Co-op Food.
more »
He will succeed Ian Kellett, who joined in July and is set to retire at the end of May.
Nuttall brings extensive leadership and transformation experience in retail and FMCG, having most recently served as Group CFO at the fresh goods business Flamingo Group.
His previous roles include Interim CFO at Asda and Finance Director for Co-op Food.
more »
02/May/2025 16:53
Heineken UK Announces Investment in Natural Energy Drink Brand Tenzing
Tenzing, the award-winning natural energy drink and the only one operating at scale, has secured a minority investment from Heineken UK. The partnership will support Tenzing’s continued growth and foster collaboration through shared insights between the two companies.
The UK energy drinks market is now worth £2.2 billion and continues to grow at 6% year on year. Within this dynamic category, Tenzing has rapidly risen to become the fourth-largest functional energy drink in UK grocery. Founded in 2016 by entrepreneur Huib van Bockel -driven by a desire to offer a cleaner alternative to artificial energy drinks -Tenzing stands out with its 100% plant-based recipe.
more »
The UK energy drinks market is now worth £2.2 billion and continues to grow at 6% year on year. Within this dynamic category, Tenzing has rapidly risen to become the fourth-largest functional energy drink in UK grocery. Founded in 2016 by entrepreneur Huib van Bockel -driven by a desire to offer a cleaner alternative to artificial energy drinks -Tenzing stands out with its 100% plant-based recipe.
more »
30/Apr/2025 11:00
Hatch Mansfield becomes certified as a B Corporation
Hatch Mansfield has officially achieved B Corporation (B Corp) certification, joining a global movement of businesses committed to positive social and environmental impact. Verified by B Lab, the nonprofit organisation behind the B Corp movement, this certification reflects Hatch Mansfield's dedication to high standards of transparency, accountability, and sustainability, going beyond shareholder value to benefit people and the planet.
The certification process is rigorous, requiring applicants to achieve a benchmark score of over 80 while demonstrating socially and environmentally responsible practices in areas such as energy use.
more »
The certification process is rigorous, requiring applicants to achieve a benchmark score of over 80 while demonstrating socially and environmentally responsible practices in areas such as energy use.
more »
03/Apr/2025 08:35
Whisky Show 2025
The UK’s finest and largest whisky festival, the Whisky Show, presented by the Whisky Exchange is returning to Old Billingsgate, London for three days between 3rd and 5th October 2025.
The event features features whisky producers, demonstrations and masterclasses in the whisky world, offering opportunities to taste the finest whiskies available today.
For more information please visit https://whiskyshow.com/london/
The event features features whisky producers, demonstrations and masterclasses in the whisky world, offering opportunities to taste the finest whiskies available today.
For more information please visit https://whiskyshow.com/london/
06/Mar/2025 09:33
Valley Foods joins Country Range Group
After adding five new members to the Country Range Group in 2024, CRG has started 2025 on a similarly positive note with the announcement of Valley Foods as its newest foodservice wholesale member.
With the addition of Valley Foods, the Group now comprises 15 member businesses and 17 wholesalers, collectively serving the entire UK, Ireland, coastal Spain, and Jersey.
Established in Trinity, Jersey, in 1981, Valley Foods was founded by Matt Rogan, who initially traveled to the UK mainland to source specialist products for chefs and the broader hospitality industry.
more »
With the addition of Valley Foods, the Group now comprises 15 member businesses and 17 wholesalers, collectively serving the entire UK, Ireland, coastal Spain, and Jersey.
Established in Trinity, Jersey, in 1981, Valley Foods was founded by Matt Rogan, who initially traveled to the UK mainland to source specialist products for chefs and the broader hospitality industry.
more »
07/Jan/2025 08:43
Meiko enhances UK management team
A key leader in Hilton’s European F&B strategy for the past 10 years has joined Meiko UK's management team.
Jon Sharp, with over 35 years of industry experience, will take on the role of Specification Manager for Meiko's 'care and protect' sectors. These sectors include specialised washing systems for care homes and breathing apparatus for firefighters.
Mr. Sharp, who brings extensive sales leadership and business development expertise, was instrumental in driving significant F&B brand growth for Hampton by Hilton and Hilton Garden Inn during his decade-long tenure as a key member of Hilton’s leadership team across Europe.
more »
Jon Sharp, with over 35 years of industry experience, will take on the role of Specification Manager for Meiko's 'care and protect' sectors. These sectors include specialised washing systems for care homes and breathing apparatus for firefighters.
Mr. Sharp, who brings extensive sales leadership and business development expertise, was instrumental in driving significant F&B brand growth for Hampton by Hilton and Hilton Garden Inn during his decade-long tenure as a key member of Hilton’s leadership team across Europe.
more »
09/Dec/2024 08:43
Supreme acquires Typhoo Tea from administration
Supreme, a UK-based consumer goods company, has acquired Typhoo Tea after it entered administration.
The Guardian reported that the rescue deal was valued at £10.2 million.
The acquisition secures Typhoo’s future in both UK and international markets, maintaining the brand’s British ownership.
Founded in 1903, Typhoo entered administration last month, putting its future and associated brands in jeopardy.
more »
The Guardian reported that the rescue deal was valued at £10.2 million.
The acquisition secures Typhoo’s future in both UK and international markets, maintaining the brand’s British ownership.
Founded in 1903, Typhoo entered administration last month, putting its future and associated brands in jeopardy.
more »
05/Dec/2024 09:34
McClures Joins Country Range Group as Fifth New Member in Five Months
McClures, the proud independent foodservice wholesaler from the English Lake District, has been announced as the latest company to join the Country Range Group.
Becoming the Group’s 15th member and the fifth new addition in 2024, McClures officially joined the Country Range Group on 1st December 2024.
Based in Windermere, in the heart of the English Lake District, McClures is a family-owned business founded by Bill McClure in 1945.
Initially selling Morecambe Bay shrimps from a hand cart in Kendal.
more »
Becoming the Group’s 15th member and the fifth new addition in 2024, McClures officially joined the Country Range Group on 1st December 2024.
Based in Windermere, in the heart of the English Lake District, McClures is a family-owned business founded by Bill McClure in 1945.
Initially selling Morecambe Bay shrimps from a hand cart in Kendal.
more »
02/Dec/2024 12:00
Britvic’s 'outstanding performance' fuelled by the success of new growth brands
Soft drinks company Britvic has reported what it calls an 'outstanding performance' in its latest financial results for the year ending 30 September 2024.
The major brand reported £1.9 billion in revenue for the financial year, marking a 9.5% increase from £1.7 billion in 2023.
Similarly, profit after tax increased by 1.8%, reaching £125.8 million, up from £124 million last year.
Britvic attributed the growth to both price/mix and volume.
more »
The major brand reported £1.9 billion in revenue for the financial year, marking a 9.5% increase from £1.7 billion in 2023.
Similarly, profit after tax increased by 1.8%, reaching £125.8 million, up from £124 million last year.
Britvic attributed the growth to both price/mix and volume.
more »
25/Nov/2024 10:41
Bidcorp UK marks 25th Anniversary
This month, Bidcorp UK—parent company of Bidfood, Bidfresh, Bidcorp Manufacturing, and Caterfood Buying Group—marks 25 years of successful trading since its acquisition by South African-based Bidcorp.
To celebrate the milestone, all Bidcorp UK depots will host parties, with festivities running for two weeks until Saturday, 23 November. Alongside site-specific activities, every employee will receive an anniversary card with details of a special prize giveaway.
The celebrations commemorate Bidcorp UK’s establishment in 1999.
more »
To celebrate the milestone, all Bidcorp UK depots will host parties, with festivities running for two weeks until Saturday, 23 November. Alongside site-specific activities, every employee will receive an anniversary card with details of a special prize giveaway.
The celebrations commemorate Bidcorp UK’s establishment in 1999.
more »
18/Nov/2024 12:00
Bunzl acquires C&C Catering Equipment
Bunzl has expanded its portfolio by acquiring C&C Catering Equipment, a family-owned distributor specialising in catering equipment and kitchen design.
C&C Catering Equipment, based in Chester, has a long family history, having been founded in 1981 by John and Enid Kitchin. Since 1996, their son, Peter Kitchin, has led the company, growing it into a prominent distributor and kitchen design business within the catering sector.
With this acquisition, Bunzl now controls not only C&C Catering Equipment but also its subsidiaries.
more »
C&C Catering Equipment, based in Chester, has a long family history, having been founded in 1981 by John and Enid Kitchin. Since 1996, their son, Peter Kitchin, has led the company, growing it into a prominent distributor and kitchen design business within the catering sector.
With this acquisition, Bunzl now controls not only C&C Catering Equipment but also its subsidiaries.
more »
04/Nov/2024 17:22
Ryan Reynolds and Rob McElhenney invest in Wrexham Lager
Wrexham Lager Beer Co has announced that Hollywood actors Ryan Reynolds and Rob McElhenney have joined as new co-owners of the company.
This new partnership comes four years after Ryan Reynolds and Rob McElhenney purchased Wrexham AFC, the Welsh town’s struggling football club, and documented its revival in a successful TV series.
Founded in 1882, Wrexham Lager is the oldest lager brewery still operating in Great Britain. It supplies its products across multiple channels, including the on-trade.
more »
This new partnership comes four years after Ryan Reynolds and Rob McElhenney purchased Wrexham AFC, the Welsh town’s struggling football club, and documented its revival in a successful TV series.
Founded in 1882, Wrexham Lager is the oldest lager brewery still operating in Great Britain. It supplies its products across multiple channels, including the on-trade.
more »
31/Oct/2024 12:23
Northumbrian operator takes on second lease with Star Pubs
Licensee of Newcastle House in Rothbury, and a former hotelier and restauranteur, Chris Greaves has taken on his second Star Pubs lease, The Coach Inn in Lesbury, nr Alnwick. He is undertaking a joint £330,000 refurbishment of the village pub with Star Pubs which will be completed mid-November in time for the festive season.
The Coach Inn, the only pub in the village, reopened in February after a four-year closure with Chris and his team managing it on a temporary basis until he took on its lease.
The investment will see the picturesque pub benefit from a new extended kitchen.
more »
The Coach Inn, the only pub in the village, reopened in February after a four-year closure with Chris and his team managing it on a temporary basis until he took on its lease.
The investment will see the picturesque pub benefit from a new extended kitchen.
more »
14/Oct/2024 14:00
Creed Foodservice announces agreement to be acquired by Kitwave Wholesale Group
Creed Foodservice, a prominent foodservice provider in the UK, has reached an agreement to be acquired by Kitwave Wholesale Group (Kitwave).
As part of the acquisition, Creed Foodservice will assume a key position within Kitwave’s Foodservice division, which encompasses the trading operations of David Miller Frozen Foods, Total Foodservice, M.J. Baker Foodservice, and Westcountry Food Holdings.
With the integration of Creed Foodservice, Kitwave’s Foodservice division will expand its depot count to 10 (16 when including the on-trade business).
more »
As part of the acquisition, Creed Foodservice will assume a key position within Kitwave’s Foodservice division, which encompasses the trading operations of David Miller Frozen Foods, Total Foodservice, M.J. Baker Foodservice, and Westcountry Food Holdings.
With the integration of Creed Foodservice, Kitwave’s Foodservice division will expand its depot count to 10 (16 when including the on-trade business).
more »
26/Sep/2024 10:02
Country Valley Foods to join Country Range Group
As of October 1st, 2024, Country Valley Foods has become the newest foodservice wholesaler to join the Country Range Group.
Founded in 1971 by Stewart Munro and Eric Duggan, Country Valley Foods provides a wide selection of fresh meat, dry goods, chilled and frozen products, as well as janitorial supplies, serving the hospitality, retail, education, and healthcare industries.
In 2023, the family-owned business generated a turnover of £29 million and operates a fleet of 24 vehicles delivering five days a week across North East England.
more »
Founded in 1971 by Stewart Munro and Eric Duggan, Country Valley Foods provides a wide selection of fresh meat, dry goods, chilled and frozen products, as well as janitorial supplies, serving the hospitality, retail, education, and healthcare industries.
In 2023, the family-owned business generated a turnover of £29 million and operates a fleet of 24 vehicles delivering five days a week across North East England.
more »
26/Sep/2024 08:09
Harlech secures over £2 million in school food contracts
Harlech Foodservice has secured two significant school contracts valued at over £2 million, marking its first education partnership in South Wales.
One of the contracts, valued at £1.5 million, involves supplying schools in Gwynedd, North Wales, with a variety of products, including Welsh beef. The other is a £700,000, 12-month agreement to provide schools and care homes in Rhondda Cynon Taf, South Wales, with food supplies.
The Gwynedd contract encompasses all schools in the region, including Ysgol Llanystumdwy.
more »
One of the contracts, valued at £1.5 million, involves supplying schools in Gwynedd, North Wales, with a variety of products, including Welsh beef. The other is a £700,000, 12-month agreement to provide schools and care homes in Rhondda Cynon Taf, South Wales, with food supplies.
The Gwynedd contract encompasses all schools in the region, including Ysgol Llanystumdwy.
more »
05/Sep/2024 09:07
Britvic unveils upgraded National Distribution Centre
Britvic, the global drinks company, has unveiled its newly upgraded national distribution centre in Lutterworth, Leicestershire, UK, following a £25 million investment.
Britvic has upgraded the technical systems and facilities at its distribution centre to enhance warehouse and logistical operations. This facility supports both national and international customers, providing a range of soft drinks, including Robinsons, Tango, and J2O.
Thanks to the investment, the Leicestershire facility now boasts 17 new automatic cranes.
more »
Britvic has upgraded the technical systems and facilities at its distribution centre to enhance warehouse and logistical operations. This facility supports both national and international customers, providing a range of soft drinks, including Robinsons, Tango, and J2O.
Thanks to the investment, the Leicestershire facility now boasts 17 new automatic cranes.
more »
20/Aug/2024 10:36
Steelite acquires UK hospitality supply business
Steelite International has purchased Utopia, a British supplier of tableware and glassware, for an undisclosed amount.
The acquisition provides Steelite with access to Utopia’s product lines, brands, centralised distribution centre, and state-of-the-art decorating facility, while also expanding its international presence.
Established in 2000 and headquartered in Chesterfield, UK, Utopia provides a wide array of tableware, glassware, and accessories specifically designed for the hospitality industry and branded glass market.
more »
The acquisition provides Steelite with access to Utopia’s product lines, brands, centralised distribution centre, and state-of-the-art decorating facility, while also expanding its international presence.
Established in 2000 and headquartered in Chesterfield, UK, Utopia provides a wide array of tableware, glassware, and accessories specifically designed for the hospitality industry and branded glass market.
more »
02/Jul/2024 07:49