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Inside food & drink manufacturing

Headlines > Business News

Seachill sale: union seeks assurance over 750 jobs

Unite the union is seeking assurances over 750 jobs at Icelandic Seachill in Grimsby, after the news the business is to be sold.

Reckitt’s baby food firm takeover ‘progressing well’

Reckitt Benckiser’s £14.3bn takeover of baby food manufacturer Mead Johnson Nutrition is expected to be completed by the end of September.

Transport and communications need shake-up: CBI

A shake-up of England’s transport and communications infrastructure is needed to give manufacturers access to a wide pool of labour and improved connectivity of supply chains, according to a Confederation...

Pastry maker Addo Food Group confirms sale to LDC

Addo Food Group has been sold to private investor Lloyds Development Capital (LDC), following widespread reports of an imminent deal.

Unilever ice cream brands boost overall sales

Unilever’s ice creams and Knorr brands helped to boost food and refreshment sales by 2.2% in its first quarter results, despite sales being impacted by this year’s late Easter.

ABF sees £171M half-year profits boost

Associated British Foods (ABF) saw a £171M boost to its operating profits in its interim results posted today, boosted by its ingredients and grocery businesses.

Administrator axes 152 jobs at packaging firm

More than 150 jobs have been axed at a food packaging firm in Essex, after the company entered administration this month.

Election 2017

National debate needed on food and farming policy

Politicians should set out their plans to develop the UK’s £108bn food and drink manufacturing sector ahead of the general election on Thursday June 8, insist industry leaders.

Addo Food Group ‘certain to be sold’ for £100M

Addo Food Group will be sold to private investor Lloyds Development Capital (LDC) for about £100M as part of a management buyout, an industry expert has claimed.

Dried fruit and nut maker Whitworths put up for sale

Dried fruit, nut and seed supplier Whitworths has been put up for sale.

News in brief

Pound recovers after general election news

Sterling bounced back from a temporary dip in value, after Prime Minister Theresa May revealed she plans to hold a snap general election on June 8.

Weetabix confirms sale to Post Holdings in £1.4bn deal

The Weetabix ceo has confirmed the sale of the Chinese-owned breakfast food manufacturer to US-based cereal maker Post Holdings, for about £1.4bn.

Hill Biscuits in management buyout after investment

Premium biscuit manufacturer Hill Biscuits has completed a management buyout for an undisclosed sum, after investment from UK private equity firm Lloyds Development Capital (LDC).

Weetabix to be sold to Post Holdings for £1.4bn

Weetabix will be sold to US-based cereal maker Post Holdings for about £1.4bn.

TYPHOO TEA

UK’s second largest tea maker – in pictures

Typhoo Tea produces 125M teabags a week at its factory in Moreton on the Wirral Peninsula – making it the largest own-label tea packer and the second largest tea manufacturer...

Food start-up competition attracts 120 firms

More than 120 global food and agriculture start-up firms are competing for a place at the agribusiness bank Rabobank’s business mentorship scheme competition, Foodbytes. 

Bird flu restrictions cost poultry sector over £100M

Bird flu restrictions have cost the UK poultry meat sector more than £100M over the past two years, confirmed the British Poultry Council (BPC), ahead of the lifting of the...

Fish firm administration puts 37 jobs at risk

Up to 37 jobs are at risk at fish processing firm Aquila Processing, after the company was placed into administration last week.

Rivington Biscuits’ brands put up for sale

Biscuit manufacturer Rivington Biscuits’ brands have been put up for sale, after the company entered into administration in December.

Tesco supplier relations ‘better than ever’ as sales rise

Tesco said its supplier partnerships were “as strong as they have ever been”, as it reported a 1.3% rise in UK like-for-like food sales in its full-year results.

PepsiCo offers £256k to budding food entrepreneurs

PepsiCo is offering £256,085 (€300,000) in grants to food and drink entrepreneurs in a bid to grow eight breakthrough brands.

Scottish food in £8.3M North American export deals

The Scottish food and drink sector has secured £8.3M of export sales to North America.

Unilever’s Spreads sale puts ‘200 jobs at risk’

Unilever’s decision to sell off its Spreads business puts “200 jobs in Essex at risk”, claimed the Unite union.

Food and drink firms are in denial about fraud

Food and drink companies are reluctant to recognise that fraud is a big problem in the sector, according to an accountancy expert specialising in this area.

McCain Foods in profits and sales boost

Oven chip maker McCain Foods GB has reported an 8.6% hike in profits just weeks after revealing plans to invest more than £100M in its Scarborough factory.