Inside food & drink manufacturing

Headlines > Business News

2 Sisters ‘secures 700 jobs’ with £1.4M investment

2 Sisters Food Group will invest £1.4M at its St Merryn meat plant in south Wales, in a bid to improve efficiency and secure 700 jobs.

Salad firm buys processing site from MyFresh

Salad supplier Florette UK & Ireland has bought MyFresh Prepared Produce’s Wigan site, for an undisclosed sum.

Chinese food giant ‘could buy’ Moy Park in £1bn deal

Moy Park may be sold to Chinese agri-food giant New Hope in a £1bn takeover deal, an industry expert told this website.

Organics opportunity to benefit manufacturers

Rising sales of organic products are creating new opportunities for food and drink manufacturers, claims the Soil Association.

Reckitt sells food business to McCormick for £3.2bn

Reckitt Benckiser is to sell its food business to McCormick, in a deal which values the condiments business at £3.2bn ($4.2bn).

Brexit vote forces salad firm to close: 250+ job losses

Salad supplier Southern Salads has entered administration and “all but a handful” of its 260 workers have lost their jobs, after the value of sterling plummeted following the Brexit vote....

FDF welcomes government’s Irish soft border plan

The government’s plan to rule out a hard border between Northern Ireland and the Irish Republic has been welcomed by the Food and Drink Federation (FDF).

Egg firm’s output boosted by 19M after investment

Yorkshire Farmhouse Eggs will produce an extra 19M free-range eggs a year after it secured a seven-figure investment from the Royal Bank of Scotland (RBS).

UK secures £34M beef export deal with Philippines

The UK is set to benefit from a £34M export deal with the Philippines, which will see beef shipped to the country for the first time in more than 20 years.

Kerry Group posts sales boost in ‘adverse’ market

Irish food and ingredients manufacturer Kerry Group has posted a £130M rise in sales in its half-year trading report, despite the company facing “significant adverse currency movements”.

Glanbia sales up 10% after starting new joint venture

Nutrition firm Glanbia reported a 9.9% rise in group revenue, at constant currency, to £1.67bn (€1.85bn), after starting a new joint venture, and selling 60% of its Dairy Ireland business.

Cott sells off drinks manufacturing businesses

Soft drink manufacturer Cott Beverages’ UK manufacturing business is to be sold by its US-headquartered owner Cott Corporation, as part of a deal worth almost £1bn.

Food-to-go sector to be worth £23.5bn by 2022

The UK food-to-go market will be worth £23.5bn by 2022, according to grocery think-tank IGD.

Seafood supplier to create jobs at new factory

Seafood and game meat supplier Coast & Glen is to create jobs at a new factory in Inverness, Scotland, purchased with assistance from HSBC.

‘Frictionless trade’ guarantees sought in Brexit talks

The future of food trade between the UK and EU and fears about the lowering of food safety standards if a bilateral deal is struck with the US, took centre...

Sports nutrition firm to supply six more football clubs

Sports nutrition products manufacturer, Science in Sport (SiS), has signed supplier contracts with six Football League and Scottish Premiership football clubs.

Müller joins Dairy Crest and First Milk in raising milk prices

Müller has become the latest dairy processor to announce a rise in the price of milk paid to its suppliers.

Geary’s Bakery receives £4.5M investment

Leicestershire-based Geary’s Bakery has received £4.5M in investment from NatWest to support the construction and fit-out of a new, larger factory.

Hilton looks at Icelandic Seachill acquisition

Meat producer Hilton Food Group has confirmed reports that it’s in talks to buy another company, believed to be seafood processor Icelandic Seachill.

Real Good Food shares fall after profits warning

Cake ingredients maker Real Good Food’s (RGF’s) shares fell to its lowest value since 2010 this week, after it issued a profits warning on August 1.

Greggs posts 15th consecutive quarter of rising sales

High street baker Greggs recorded its 15th consecutive quarter of like-for-like sales growth, after reporting a 7.3% sales boost to £453M.

Morrisons becomes sole McColl’s supplier

Morrisons has signed a deal to become the sole UK wholesale supplier for retailer McColl’s.

Concerns raised by sugar beet factory plans

Plans to build a sugar beet processing plant that would create more than 300 jobs in North Yorkshire have raised concerns from campaigners, over the damage development could cause to...

‘More exciting’ food-to-go products needed

Food manufacturers and independent convenience retailers are being urged to offer more exciting ‘food-to-go’ choices to avoid missing out on the £2.3bn business opportunity.

Scottish government awards 13 firms £3.5M in grants

Thirteen food and drink manufacturers have received a total of £3.5M in grants from the Scottish government to diversify and expand their operations.

On demand Supplier Webinars

Sustainable snacking trends for 2017
William Reed Business Media
All supplier webinars