Issue 50   < Cover page TOP STORY & ANALYSIS Food Companies: Recipes For Tough Times Proactive use of price to grow volume FMCG News Update Caffrey’s gets the cold treatment Somerfiled sold, the background story Talking ingredients around the world Brewery's controversial Speedball RETAIL Down The Aisle... Foodvest Group sold Out To Launch... New food companies launch at Royal Welsh Show Supermarket News... 'Want a cuppa' says Tesco? Beverage Bulletin... Champagne retains its fizz Up The High Street... M&S pushing into international and online markets Green Room... Co-op switches to fully recycled drinks packaging MARKETING Movers & Groovers... Tiger UK makes country manager appointment Sales & Marketing... Asda customers stock up on ice cold Carling The ipint a new idea in advertising Best-loved brands list revealed TRENDS Down-sizing trend driving US rigid food packaging Indulgence trend takes hold in India TEA BREAK Coffee break the perfect husband and custom tricks [FULL STORY]   Shops you must visit What are the best shops in the world? A group of leading executives from the retail industry were ask about their favourite shops. The stores  they chose have little in common, except one thing – they excel in product, service and creativity that is the lifeblood of retail. [FULL STORY]   EXTRAS Feedback Send to a colleague Unsubscribe SUBSCRIBE Email Address: First Name: Last Name: Title: Company: Add Remove Send As HTML SEARCH Search for articles containing: PRIVACY STATEMENT Privacy Statement ARCHIVE Issue 49 July 16, 2008 Vol. 1 Issue 23 Issue 48 July 9, 2008 Vol. 1 Issue 47 June 27, 2008 Vol. 1 Issue 21 Issue 46 June 25, 2008 Vol. 1 Issue 24 Issue 45 June 18, 2008 Vol. 1 Issue 23 Issue 44 June 11, 2008 Vol. 1 Issue 43 June 4, 2008 Vol. 1 Issue 42 May 28, 2008 Vol. 1 Issue 41 May 21, 2008 Vol. 1 Issue 40 May 14, 2008 Vol. 1 Issue 40 [MORE] Issue 50   June 8, 2011 Somerfiled sold, the background story Deal does little to change the retail landscape The Co-op paid a low purchase price for Somerfiled, 6.7 times Somerfield's earnings before interest, tax, depreciation and amortisation, well below the 9.5 times multiple for Tesco shares, or the 8 times multiple for Morrison shares. However, the owners still managed to double their initial £400m equity investment, which is likely to please their investors and creditors in an environment where profitable exits are few and far between for private equity. More on this story from the FT [PRINTER FRIENDLY VERSION] Published by diane@emailgatherers.co.uk - FMCGenews Copyright © 2008 FMCG. All rights reserved.

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