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Industry analyst worried about 2 Sisters’ management

2 Sisters

A lack of top quality management at 2 Sisters Food Group is more concerning than the short term losses the firm is experiencing, according to a leading food industry commentator.

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News in brief

£60M acquisition of chilled food distributor NFT

Chilled food distributor NFT has been snapped up by private equity investor EmergeVest in a deal valuing the business at more than £60M.

Top 10 US functional food trends

The growing popularity of fortified and functional foods – in preference to nutritional supplements – was identified as the top of 10 US functional food trends, according to the Chicago-based Institute of Food Technologists (IFT).

Speciality supplier Golden Acre nets seafood firm

Speciality seafood firm Elsinore Foods has announced its acquisition by fine food distributor Golden Acre Dairy Foods Holdings in a move that expands the latter’s product offering for major supermarkets.

Nearly 1M people in the UK rely on emergency food aid

The number of people using food banks has nearly trebled in the past year, fuelling widespread criticism of the current UK government.

Little consumer choice in crisp category

Consumer choice has been tainted by too few brands dominating the crisp category, the founder of a new crisp brand has claimed.

ABF: Sugar slump offset by Primark and grocery

A starring performance by clothes retailer Primark and strong growth in grocery helped Associated British Foods (ABF) lift its half-year group profits by £7M to £463M, despite a slump in its sugar business due to lower prices.

Food firms must cater for consumers on autopilot

Food and drink manufacturers need to make their products appear to be an effortless choice for consumers operating on autopilot and stop over rationalising their habits, advises leading behavioural scientist Dr Nick Southgate.

Spotlight

UK chocolate sweet success abroad and at home

UK chocolate sweet success abroad and at home

British chocolate is proving a sweet success abroad and at home, as Easter eggs were named as...

Losses increase for 2 Sisters Food Group

Losses increase for 2 Sisters Food Group

2 Sisters Food Group suffered a loss of £16M in its last set of annual results, covering...

Wealthiest people in food and drink manufacturing

Wealthiest people in food and drink manufacturing

Confectionery manufacturer Ferrero Group’s owner tops our list of the richest people in global food and drink...

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