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Milk processor posts profit growth

First Milk has posted an £8M rise in profit since last year in its interim financial report for the six months to September 30 2016, following a “radical transformation” of the company.

Pay fears for drinks factory staff

Pay restructuring at Cott Beverages’ West Yorkshire drinks factory could cut skilled workers’ wages, according to employees at the site.

Food and drink exports forum targets £2.9bn boost

Premier Foods and Walkers Shortbread are joining a range of food and drink manufacturers at a meeting today (December 14) organised by the Food and Drink Exporters Association (FDEA) designed...

Bakery ingredients firm acquired by Lesaffre

Baking ingredients firm LFI Tollblend has been acquired by French multi-national Lesaffre for an undisclosed sum.

Brexit opportunities for ice cream manufacturer

Brexit will create new opportunities for UK food and drink manufacturers, claimed luxury ice cream producer Simply Ice Cream.

Premium own-label sales rise 13%

Premium own-label food and drink sales revenue increased 13% in the 12 weeks to December 4, compared with the same period last year, Kantar Worldpanel has revealed.

Scotch whisky in Brazilian spirit promotion deal

The Scotch Whisky Association (SWA) has signed a deal with a Brazilian spirit maker to promote responsible alcoholic drinking, the trade body has revealed.

Premier Foods boss: Brexit supplier switch an ‘opportunity’

The UK’s decision to leave the EU is likely to result in import substitution as the cost of sourcing ingredients from overseas markets grows, Premier Foods chief executive Gavin Darby...

Food sales to reach £20.6bn over Christmas: IGD

UK shoppers are set to spend £20.6bn on food and groceries over the Christmas period, according to grocery think-tank IGD.

Banana supplier in £632M takeover deal

Banana supplier Fyffes is to be acquired by Japanese giant Sumitomo Corporation in a takeover worth £632.7M (€751M).

Ferrero completes deal for United Biscuits’ Delacre

Biscuit brands Delacre and DeliChoc have been bought by Ferrero from United Biscuits, for an undisclosed sum.

Tangerine faces more strikes after pay row

Further strikes at confectionery manufacturer Tangerine’s York factory are planned, after a breakdown in talks over workers’ pay.

Cottage Delight acquired by Vestey Holdings

Premium condiments and biscuits maker Cottage Delight has been acquired by Fine Foods Group, part of Vestey Holdings, for an undisclosed fee.

Food firms get boost from business growth scheme

The launch of a new business growth programme hopes to boost turnover and create new jobs for small food and drink companies in Scotland.

Sausage manufacturer is fastest-growing food firm

Sausage manufacturer Heck! Food is the fourth fastest-growing company in the UK, revealed in The Sunday Times’s Fast Track 100 list.

Real Good Food sales grow despite volatile market

Real Good Food’s sales grew by 5% to £49M in the six months to September 30 2016, driven by the performance of its premium bakery division, the company revealed in...

ABF plans new bakery

Associated British Foods (ABF) has announced plans to open a new bakery in Lincolnshire.

Opinion

Marmite and Toblerone point to trouble ahead

The recent spat between Unilever and Britain’s biggest retailer Tesco over the Marmite brand owner’s attempt to raise its price, was a clear sign of things to come in life...

Brexit isn’t a threat say food firms, as shopper confidence falls

Brexit poses no threat to businesses, believes 74% of manufacturers, including food and drink firms, while consumer confidence dropped to a six-month low.

Scottish government in £3M supply chain boost

A £3M local supply chain project has been launched to help Scottish food and drink firms build connections with suppliers, processors and retailers, the Scottish government revealed on St Andrews...

Chaucer acquired by Japanese firm in £95M deal

Food ingredients manufacturer Chaucer has been acquired by a Japanese instant food producer and distributor, in a deal worth more than $120M (£95.4M).

Biscuit manufacturer creates 40 jobs

Up to 40 jobs have been created at a biscuit manufacturer in Gateshead, after the company’s new £1.2M bake oven and production line became fully operational.

Tesco’s top Christmas food trends get euro flavour

Consumers are set to embrace European food traditions this festive season, with demand doubling in the past three years, according to Britain’s biggest retailer.

News in brief

Ferrero close to sealing United Biscuits deal

Nutella and chocolate maker Ferrero is close to sealing a deal to buy two biscuit brands from United Biscuits, the manufacturer has confirmed.

Sweet results for Britvic focusing on low sugar drinks

Soft drinks firm Britvic reported a 10.1% rise in annual sales revenue to £1.43bn, boosted by growth in its no and low sugar drinks, as the manufacturer strived to reduce...