Sandwich and coffeeshops Pret A Manger sold for £1.5bn

The UK Private Equity Group Bridgepoint, owner of Pret a Manger, has agreed to sell their sandwich shop chain for £1.5bn inclusive of debt to JAB Holdings, the German family-owned investment group challenging Nestle with its rapid acquisition of companies linked to the coffee market. Bridgepoint initially paid only £ 364m including debt to buy…

Daily black coffee is good for your liver

Liver disease patients consuming two cups of black coffee per day have shown lower incidence of fibrosis and cirrhosis, lower Hepatocellular carcinoma rates. Coffee is a rich source of antioxidants and the protective effects of coffee have been proposed in conditions ranging from Parkinson’s disease, heart disease to stroke and Type 2 diabetes according to…

Viagra added to clear spirits and sold in China

Investigators of food and drug administration have seized 5,300 bottles of alcohol and packets of a white powder called Sildenafi, better known as Viagra the anti-impotence drug in the southern city of Liuzhou. According to food safety officials, distillers in China added Viagra to thousands of bottles of spirits and told customers it had “health-preserving…

Drinking white wine could lead some women to depression!

Drinking white wine could lead some women to depression!  White wine contains 10 times more sugar than red wine according British  Food Standard Agency. FSA regulations 1234/2007 and 607/2009 introduced some changes to wine making requirements and labelling of wines. The minimum actual alcohol remains 8.5% vol for wine without geographical designation, in effect the…

Coffee Sales Growth 10.7% £7.2billion turnover

The total UK coffee shop market is estimated at over 19,000 outlets and continues to outperform the UK retail sector with significant sales growth of 10.7% on last year with £7.2 billion total turnover. The total UK coffee shop market is predicted to exceed 27,000 outlets and £16.5 billion turnover by 2020, driven by branded coffee…