From Printer paper
Supermkt shames
Vulture voracity
- Details
SCC scales up
towards £3B revs
Adds UK tech reseller in
digital transformation drive
SCC Group the leading European IT reseller confirmed another UK acquisition as part of its £300m digital transformation programme. CEO James Rigby continued to drive the strategy aimed at consolidating the company’s position as Europe's #1 private tech services provider
Please read full article by subscribing here
- Details
Imperial acquires
Canadian dealer
Acq #72, 14th in 2023
accelerates roll up race
VC Advent owned Imperial Dade confirmed acquisition #72 in its roll-up of regional HyPak (aka hygiene, foodservice & packaging) suppliers in US-Canada. Will this latest play in Quebec accelerate the takeover stakes with newly VC empowered duo '#BrandVoy' Full details, analysis and comment here...
Please read full article by subscribing here
- Details
Computacenter
crests over $8Bn
Growth from IT sourcing
+ Services inc. acqustns
Computacenter the international IT reseller shattered $8Bn revenues for the first time in 2022. CEO Mike Norris reported a "strong H1'23 and looks forward positively to growth stating "Demand from our largest customers remains solid, particularly for IT infrastructure"
Please read full article by subscribing here
- Details
Hygiene brandmkrs
broadcast progress
P&G, Kimberly-Clark,
Clorox outline plans
The leading hygiene brandmakers presented at the Barclay's Global Consumer Conference over the past 2 days. We discuss and compare the contrasting growth drivers of P&G, Kimberly Clark and Clorox. Fascinating insights in this tug of war between innovative champions & defensive players. Analysis updated...
Please read full article by subscribing here
- Details
Smurfit packaging
a $40Bn merger?
Plans switch to NYSE
post $20Bn mktcap deal
Two of the world’s largest packaging makers are in advanced merger talks to create a global giant valued at nearly $20Bn. Dublin based Smurfit Kappa with $20Bn in sales is planning to merge with a similarly sized US giant. CEO Tony Smurfit explains the strategy behind the blockbuster move...
Please read full article by subscribing here
- Details
Paragon forays
into French mkt
Purchases print giant's
document services unit
Paragon owner of OTGroup aka Spicers and Office Depot's UKI contract supply business, has purchased the French business services division of a leading Japanes printmaker. Is this another signal that ceo Sean Shine is moving away from developing its failing business supplies acquisitions?
Please read full article by subscribing here
- Details
ABM's Enhance
Clean' progress
Hygienic facility services w
Edu contract wins + acqns
ABM is leading US facilities management services provider reported recovering results in Q2'23. CEO Scott Salmirs commented on the acceleration in work orders for virus protection and 'Enhanced Clean' services plus details of another acquisition...Reaults analysis complete
Please read full article by subscribing here
- Details
FTC to file Antitrust
case vs Amazon
Anticompetitive actions
re-Pvt label & paid subs
The Federal Trade Commission lawsuit is expected to focus on some of Amazon's business practices, such as its Fulfillment by Amazon logistics program and pricing by third-party sellers, the Wall Street Journal said. The suit is expected to recommend that it make "structural remedies" that may include breaking up the e-commerce giant!?
Please read full article by subscribing here
- Details
Restaurant Group
ratifies recovery
Hospitality & Foodservice
mkt fueled by consumer
The Restaurant Group ceo Andy Hornby reported strong growth for its consumer brand outlets eg. Wagagmama and pubs. Further confirmation that consumer and business demand for hospitality, restaurants, pubs and foodservice is strong despite continuous media reports hyping a "cost of living crisis"? We analyse results...
Please read full article by subscribing here
- Details
Why Horrid Service
retailer travels up?
Messy Smith HighSt. stores
continued to drag it down
Messy international stationery & news retailer WHSmith continued its strong recovery in travel stores consistent with increased air traffic. CEO Carl Cowling said "it reached its 'strongest ever position' as it bounced back from Covid", but the difference between the dire high street stores could not be more stark.
Please read full article by subscribing here