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Breaking News on the Food and Drink Manufacturing Sector

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UK businesses ‘stable’ but skills shortage fears growing

Business conditions for UK small and medium sized enterprises (SMEs) stabilised over the past quarter but the looming skills shortage is still cause for concern, warns the latest Confederation of...

Morrisons: more price cuts, ahead of results

Morrisons has revealed a new round of price cuts, ahead of its first-quarter results, due to be posted on Thursday (May 5).

Fish firm denies ‘dodgy wage tactics’ in union row

Chilled fish supplier Icelandic Seachill has denied accusations that its handling of the National Living Wage (NLW) will leave workers worse off, after unions escalated their concerns to the European...

£390M sale of sausage casing manufacturer

Sausage casings manufacturer Kalle has been sold to private equity firm Clayton, Dubilier & Rice (CD&R), with a sale price understood to be for £350M to £390M.

Addo Food Group resolves dispute with union Unite

Addo Food Group – the Poole-based food manufacturer formerly known as Pork Farms – has agreed to recognise Unite following a positive meeting with union representatives earlier today (Friday, April 29).

Kerry Group reports growth in business volumes

Kerry Group has posted a 2.9% growth in business volumes, driven by its Taste & nutrition and Consumer food divisions in first quarter results, thanks partly to its children’s snack product...

Nichols plans relaunch of sugar-free drinks range

Nichols announced a relaunch of its sugar-free brands this summer, following the news of the tax on sugary drinks, and predicted earnings would be in line with expectations.

Nestlé agrees frozen foods deal with R&R Ice Cream

Nestlé and R&R, a leading ice cream company based in the UK owned by PAI Partners, have signed an agreement to set up Froneri, a global ice cream and frozen...

Bakkavor welcomes upgrade in corporate credit rating

Bakkavor has welcomed an upgrade in its corporate credit rating from Standard & Poor (S&P).

Brewdog raises £19M but misses £25M target

Brewdog has raised £19M from its latest crowdfunding campaign but fell short of its planned £25M.

Rich list

Food and drink industry Rich List – in pictures

Business leaders from Associated British Food, Heineken, Morrisons, Sainsbury and 2 Sisters all earned a place on The Sunday Times Rich List 2016.

Moo Free gets Queen’s Award for exports

Milk-free chocolate manufacturer Moo Free has won a Queen’s Award for Enterprise, following the tripling of its production capacity to supply the US and Chinese markets.

Müller to save 170 jobs at Hanworth dairy following acquisition

Müller Milk & Ingredients has revealed plans to reverse the planned closure of the Hanworth dairy in Middlesex, safeguarding 170 jobs.  

Foodex Big Video Debate

Food Crime Unit boss aims to win food firms’ trust

Winning food and drink manufacturers’ trust, as a first step to persuading them to share information to help combat crime, is the top priority of the head of Food Standards...

Family-owned biscuit manufacturer bought out after 100 years

Luxury biscuit and cracker manufacturer Thomas J Fudge’s (TJF’s) has ended 100 years of family ownership, after a management buyout with help from investors.

Innovation conference

Insects as human food set for tasty growth

Insects as a source of human food are set for big growth, driven by western consumers’ sense of culinary adventure and environmental responsibility, according to speakers at our food innovation conference...

Living Wage leads thousands of firms to struggle

Thousands of businesses are struggling to absorb the impact of the new National Living Wage (NLW), insolvency firm Begbies Traynor has warned.  

2 Sisters boss Ranjit Singh buys a turkey business

2 Sisters Food Group boss Ranjit Singh, the founder of Boparan Holdings, is to acquire the Grove Farms turkey business based in Monaghan, Ireland.

QV Foods enters consultation over possible job losses

Vegetable supplier QV Foods is to consult staff over the future of 140 jobs at its potato packing site in March, Cambridgeshire.

2 Sisters slams Living Wage strike action threat

2 Sisters has slammed suggestions it is facing strike action at two of its Yorkshire operations, after a union accused the food giant of trying to offset the extra cost...

Sainsbury and Müller recall yogurt over plastic scare

Both Sainsbury and Müller UK are recalling yogurt products after it was after it was revealed they may contain pieces of plastic.

Sweet manufacturer snapped up by US firm

American food wholesaler, Innovative Bites, has acquired Bonds of London, in a multi-million pound deal.

EU referendum

Quitting EU ‘disastrous’ for food and drink exporters

A vote to leave the EU in the June 23 referendum could spell disaster for UK food and drink exporters, warns new research from insolvency firm Begbies Traynor.

Nearly 6,000 to claim damages over Morrisons data leak

Nearly 6,000 current and former staff of supermarket chain Morrisons are to pursue a claim for damages against the company.

Food products make Top 100 Authentic brands list

Coca-Cola, Nestlé and Lindt are the top three food and drink brands, to make it to the Global Authentic 100, an annual list of brands ranked by consumer perception.

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