Posted Friday 31st January 2020
The brand that makes gin mixers from natural ingredients saw falling sales last year in the UK. As a result, the company’s share price dropped to the lowest figure since April 2017. Not all is bad news as internationally sales grew in the US and other parts of Europe.
Silicon Canals have detailed the eight most exciting start-ups in the tech sector, all led by female entrepreneurs. There is a lack of diversity in the tech sector and these companies are paving the way for others.
Brewdog have opened the first alcohol-free bar in London following the trend of those looking for “no- or low-alcohol” beers and spirits. And they aren’t the only company investing in this area with some of the more traditional brewers also launching low alcoholic brands.
Vehicle manufacturers Hyundai and Kia have invested £85.6m in to Arrival, a London-based scaleup manufacturing electric vehicles. The technology developed by Arrival will help provide Kia and Hyundai with the development of their own electric vehicles.
Unilever is reviewing its tea business with consumer trends changing. According to research, sales of herbal teas are increasing which is having an effect on traditional black tea sales.
The UK now has 22 companies valued at $1bn, the threshold for becoming a ‘unicorn’, according to Beauhurst. Will this be likely to increase through 2020?
This article is for reference purposes only. It does not constitute legal advice and should not be relied upon as such. Specific legal advice about your specific circumstances should always be sought separately before taking or deciding not to take any action.
Our monthly summary of recent news items relating to the M&A, Scale-up and Growth capital scene in the UK.
Our monthly summary of recent news items relating to the M&A, Scale-up and Growth capital scene in the UK.
