Breaking News on the Food and Drink Manufacturing Sector

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Food and drink firms’ margins hit in 2013

13-Feb-2014 - Food firms’ profits got worse or stayed the same in 2013, in comparison to 2012, hit by price pressures and high raw material costs.

PM's £10M relief fund to protect food supplies

13-Feb-2014 - David Cameron’s £10M relief fund for flood-struck farmers will help avert the risk of disruption to food supplies, claimed the government, after widespread criticism it was not doing enough to safeguard food supplies.

News in brief

Website provides route to market for food firms

13-Feb-2014 - Small food and drink firms and entrepreneurs can benefit from a new website that offers businesses without retail contracts opportunities to market their products.

Acquisitions led to growth and jobs at Genius Foods

12-Feb-2014 - Gluten-free food manufacturer Genius Foods has grown its product category by 25%, created 400 jobs and secured two “milestone” contracts, following its acquisition of two Finsbury Food Group production facilities last year.

News in brief

2 Sisters launches its first employee newspaper

12-Feb-2014 - The 2 Sisters Food Group is aiming to step up communication with staff by the publication of its first-ever employee newspaper.

Taskforce set up to save 900 jobs at 2 Sisters Corby

11-Feb-2014 - 2 Sisters Food Group is battling to save 913 jobs at its Corby plant as trade union, local council and government representatives unite in a desperate bid to stop its closure.

Scottish pork plant to double output after £2.7M grant

11-Feb-2014 - The biggest pork processing plant in Scotland, AP Jess in Brechin, is to nearly double output, after a grant of £2.7M from the Scottish government.

Business Leaders' forum

Tough year in prospect: Business Leaders’ Forum

11-Feb-2014 - This year will be prove challenging for food and drink manufacturers, predicted Paul Wilkinson, chair of the Food Manufacture Group’s Business Leaders’ Forum.

Great British Bounce Back 2014 open for entries

10-Feb-2014 - Food and drink manufacturers across the nation are invited to enter the Great British Bounce Back 2014 challenge, designed to showcase firms that are bouncing back from recession and investing in the future of their businesses.

Chilled food firm Samworth Brothers buys Soreen

10-Feb-2014 - Samworth Brothers has acquired Soreen for an undisclosed sum in a deal that has been well received by employees of the high profile malt and fruit loaf firm.

Dragons’ Den invests £150k in UK food and drink

10-Feb-2014 - Millionaires on the BBC TV programme Dragons’ Den invested £150,000 in UK food and drink manufacturing last night (Sunday February 11).

Park Cakes rejects union’s bakery cheap labour claims

10-Feb-2014 - Park Cakes has rejected claims by the Bakers’ Food and Allied Workers Union (BFAWU) that its success in winning a multi-million pound contract from Marks & Spencer (M&S) was driving the firm’s bid to cut workers’ pay and conditions at its Oldham bakery, near Manchester and pave the way for the introduction of cheap agency labour.

£1M distillery investment gives Adnams spirit to grow

10-Feb-2014 - Investing nearly £1M into a distillery has allowed Adnams the brewer to side-step into a new market and diversify its offering, according chief executive Dr Andy Wood.

Kolak Snack Foods deal boosts market presence

07-Feb-2014 - Kolak Snack Foods has snapped up Berkshire Foods and NC Snacks for an undisclosed sum as it continues its relentless drive to boost sales.

Surviving as an SME means diversifying: operations manager

06-Feb-2014 - Relying on one large customer could be disastrous for small to medium-sized manufacturers (SMEs), according to Frecco Food and Beverage operations manager Paul Barney.

Real Good Food Company tackles sugar woes

05-Feb-2014 - Napier Brown’s Immingham sugar plant is ready for commissioning and should help the firm offset the negative impact of plunging sugar prices, according to owner Real Good Food Company (RGFC).

Ocado profit doubt ‘casts long shadow’ as losses rise

05-Feb-2014 - Rising pre-tax losses at Ocado, the online grocer and logistics business, are casting “a long shadow over the firm”, according to one retail consultant, as the firm’s commercial director announces his decision to leave the firm.

Billington Group snaps up TSC Foods

03-Feb-2014 - The Billington Group has strengthened its food portfolio by snapping up TSC Foods, the firm behind Glorious! soup for an undisclosed sum.

United Biscuits to boost global presence: Martin Glenn

03-Feb-2014 - United Biscuits will become the “Cadbury” or “Kellogg” of the snack world, after big investments in production and marketing, pledges the manufacturer’s boss Martin Glenn.

Premier Foods debt reduction reports ‘all supposition’

03-Feb-2014 - Further details of a Premier Foods’s debt reduction deal did not surprise City analysts, although they claimed the press reports represented little real progress.

News in brief

US firm Post Holdings snaps up Nestlé PowerBar

03-Feb-2014 - Nestlé’s sports nutrition brands PowerBar and Musashi, have been snapped up by US firm Post Holdings in a deal first mooted in September last year.

United Biscuits reveals £50M capital investment

31-Jan-2014 - United Biscuits (UB) is preparing to pump £50M of capital investment into the company this year, UK head Jon Eggleton has said.

UK employment figures don’t dent food vacancies

31-Jan-2014 - The skills gap in the food and drink manufacturing sector has not shrunk, despite the latest government statistics showing that UK unemployment overall has fallen.

RBS Group pumps £33M into KTC Edibles

31-Jan-2014 - RBS Group has provided £33M worth of funding to help boost UK fats and oils firm KTC Edibles’ organic expansion plans.

Dairy Crest expects £10M profit boost from Nine Elms sale

31-Jan-2014 - Dairy Crest expects to report full-year profits ahead of market expectations, thanks to a £10M boost from the sale of its Nine Elms milk depot, according to its interim management statement covering the nine months to December 31 2013.

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