Martin Deboo

8 results

Photograph: iStock
Nestle selling US ice cream business for €3.59bn

Nestle is selling its US ice cream business that includes brands like Haagen-Dazs and Drumstick to a joint venture with private equity firm PAI Partne(...)

Nestle has named Guillaume Le Cunff as the new head of Nespresso. Photograph: Adrian Moser/Bloomberg
Nestle plans to return €18.2bn to shareholders by 2020

Nestle announced plans to return 20 billion Swiss francs (€18.2 billion) to shareholders by 2020 and said nine-month sales growth accelerated, helped (...)

Photograph: iStock
Premier Foods drops plans to sell dessert brand Ambrosia

Mr Kipling cakes maker Premier Foods said it has decided against selling Ambrosia rice pudding and custards brand to cut debt of over £500 million (€5(...)

Gaps in the market: Toblerone drew the ire of customers by increasing the spacing between its chocolate pyramids. Photograph: iStock
Supermarkets steeled for great food shrinkflation battle

Within hours of the Brexit vote in June, as sterling fell precipitously, Gavin Darby, chief executive of Premier Foods in the UK, had summoned his dir(...)

Diageo, which owns Guinness, has been under pressure lately to more closely align its shipments to distributors with their sales to customers
US watchdog questions Diageo’s distribution methods

Drinks giant Diageo is under scrutiny in the US, where the Securities and Exchange Commission (SEC) has asked for information to see whether it shippe(...)

For the year ending March 2016, Tate & Lyle expects adjusted profit before tax in line with 2015, assuming it completes the exit of its European bulk ingredients business. Photograph: Getty Images/iStockphoto
Tate & Lyle profits fall as restructuring continues

Britain’s Tate & Lyle reported lower full-year profit in line with its forecast and signalled this year would be just as tough as it overhauls its(...)

Shares in Premier Foods, maker of Hovis bread, fell on the news that yet another top executive was to leave just when stability appeared to have returned to the company after a flurry of boardroom changes
Finance director to quit Premier Foods

The revolving door at Premier Foods continued to spin yesterday with the exit of the finance director at the heavily indebted maker of Hovis bread and(...)

The chief executive of Diageo (which owns Guinness) will step down from the board at the annual meeting in September. Photograph: Peter Macdiarmid/Reuters
Diageo chief executive Paul Walsh to step down

Diageo’s chief executive, Paul Walsh, is stepping down after 13 years at the helm of the company behind Smirnoff and Guinness. He will ma(...)