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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 manufacturing.

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News in brief

£5bn export opportunities for UK organic food firms

A potential £5bn export market to China has been opened for UK organic food and drink manufacturers, following a Soil Association deal with China’s Organic Food Development Centre (OFDC).

Losses increase for 2 Sisters Food Group

2 Sisters Food Group suffered a loss of £16M in its last set of annual results, covering the 52 weeks to July 27, 2013.

FSA to test lamb takeaways after adulteration cases

The Food Standards Agency (FSA) is to prioritise the testing of lamb dishes from takeaway restaurants across the UK, after its own research and a survey by consumer watchdog Which? revealed the meat was commonly replaced by cheaper chicken or beef.

Tesco results: six things you should know

Tesco’s latest results – featuring its 6% slump in operating profit – deliver six key pointers about the future direction of the business, including the prospect of sharper price competition, according to financial analyst Morgan Stanley.

Premier Foods has first growth opportunity ‘for many years’

Premier Foods is now set for growth after completing “a transformational restructuring” of its balance sheet, said City analyst Shore Capital in a note titled ‘At last, it’s time to get on with the day job’.

New €30M Kerrygold site to create 50 jobs

The Irish Dairy Board (IDB) has invested €30M (£24.6M) in a new butter production and packaging facility for its Kerrygold brand, creating 50 jobs in Mitchelstown, County Cork.

Burton’s Biscuit Company invests £14.75M in snack tech

Burton’s Biscuit Company, maker of brands such as Maryland Cookies and Jammie Dodgers, has announced a £14.75M investment in its manufacturing operation to support business growth.

Bakkavor and Greencore rivals join forces

Former food industry rivals Jonny Bingham and David Jones have joined forces to form Bingham & Jones, a firm advising major manufacturers and retailers on product development.

Small processors still threatened by hygiene charges

Small processors still face hygiene inspection charges under EU law proposals, despite lobbying to overturn them, prompting an angry reaction from a prominent lobbyist.

Food science under spotlight at IFST jubilee conference

Mapping the future of food science is the aim of the Institute of Food Science & Technology’s (IFST’s) jubilee conference next month, according to its chief executive Jon Poole.


Uplifting ice cream created for secret celeb
News in brief

Uplifting ice cream created for secret celeb

British ice cream firm Lick Me I’m Delicious has created a bubbly champagne flavoured ice cream dosed...

Tough market threatens 150 Kerry Foods jobs at Poole

Tough market threatens 150 Kerry Foods jobs at Poole

Rising raw material costs have endangered 150 jobs at Kerry Foods’ savouries and pies factory at Poole,...

200 jobs saved at Cornish pasty firm

200 jobs saved at Cornish pasty firm

A last minute cash injection has saved 200 jobs and 35 shops at West Cornwall Pasty Company...


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