BETWEEN MURDOCH AND A VERY HARD PLACE November 17, 2010 FINALLY! A chance for harried BSkyB chief executive Jeremy Darroch to let his hair down: the Sky Christmas party – or “Winter Reception” – invites have been issued, the balloons blown up, the goose cooked. And it will be a well-deserved rest. The Capitalist hears that Darroch has had a stressful few weeks in the [...]
Northern Foods and Greencore plan merger November 17, 2010 Food manufacturer Northern Foods has agreed to merge with Ireland’s Greencore Group to create a combined group with annual sales of around £1.7bn. The deal will see the creation of a combined business to be named Essenta Foods which will be headquartered in Dublin, the companies said in a joint statement. Northern Foods shareholders will [...]
CITY MOVES | WHO’S SWITCHING JOBS May 16, 2010 Greencore The convenience foods group has appointed business grandee Eric Nicoli, the chairman of cinema operator Vue Entertainment, as a non-executive director. In addition to his role at Vue, Nicoli is also currently senior partner at fund of hedge funds Sunningdale Capital. He was previously chief executive of United Biscuits and chairman and chief executive [...]
Greencore heralds profit rise August 13, 2009 Irish sandwich giant Greencore has forecast a rise in profits this year thanks to improving UK consumer sentiment and a strong debut in the US market. The group, which also makes ready meals under the Weight Watchers brand, said operating profits had risen when the effects of currency changes are factored out. In a trading [...]