Corporate News Roundup - January 2020

Posted Friday 31st January 2020

Fevertree sees shares drop after Christmas trading

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.

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London’s top female led start-ups

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.

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Brewers begin investing in low-alcohol drinks

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.

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€100m for London electric vehicle scale-up

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.

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Is PG Tips going to be sold?

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.

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2020 could be the ‘Year of the Unicorn’

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?

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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.

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