SUBSCRIBE

Breaking News on the Food and Drink Manufacturing Sector

Headlines > Business News

Read more breaking news

 

 
Loading...
Business Leaders' Forum

Mergers a key theme of food manufacturing bosses’ forum

By Michael Stones , 28-Jan-2013
Last updated on 29-Jan-2013 at 09:44 GMT2013-01-29T09:44:15Z

Andrew McLean, Co-head of consumer practice, Stephenson Harwood

Andrew McLean, Co-head of consumer practice, Stephenson Harwood

Mergers and acquisitions in the food and drink manufacturing sector emerged as a key theme of the Business Leaders’ Forum staged earlier this month in central London by our sister title Food Manufacture.

In this exclusive video, filmed at the Business Leaders’ Forum, Andrew McLean, of law firm Stephenson Harwood, said the pressure on food firms was likely to result in more mergers. “Food manufacturers were caught in the difficult middle ground between higher raw material prices and still very powerful retailers, which were under pressure from their own consumers,” he said.

‘Difficult conversations’

While food and drink manufacturing businesses were trying to make operational savings, they faced “many difficult conversations with retailers” as they tried to increase prices, added McLean.

The annual event – sponsored by Stephenson Harwood, business improvement specialist Applied Acumen and recruitment expert Goldteam − also heard that UK farmers were finding it impossible to source stock feed that was free of genetically-modified ingredients on the global market.

Watch out for more reports from the Business Leaders’ Forum in next month’s issue of Food Manufacture.

Food and drink business growth held back

Perfect storm thwarting small food and drink firms

There is a perfect storm holding back fast-growing small food and drink firms, according...

Provision Trade Federation sets sights on growth

Provision Trade Federation plans growth

The Provision Trade Federation (PTF) has set out a three-year plan to grow its...

Bakkavor and 2 Sisters slash jobs

Good week, bad week (Wk 9)

Grim news for food manufacturing jobs leads our selection of the top headlines of...

EU red tape probe backed by DEFRA

DEFRA backs new Brussels red tape probe

A new EU probe into cutting red tape is being backed by the Department...

Food and drink manufacturing jobs on rise

Good week, bad week (Wk 8)

News of new food and drink manufacturing jobs leads this edition of Good news,...

Tesco and Premier Foods have some good news

Good week, bad week (wk 7)

Tesco, Tulip and Premier Foods had good news to report this week, as our...

Premier Foods's investment update

Premier Foods has its ‘foot on the gas’ – ceo

Premier Foods will pump up to £25M into its production facilities in a bid...

Food industry firms: Good week, bad week

Food industry firms: Good week, bad week (wk 6)

That was the food industry week that was – good for some and bad...

Food manufacturing: Good week, bad week

Food manufacturing: Good week, bad week

How was your business week – tough, terrific or just indifferent? In this new...

Food manufacturers’ forum offers access to top execs

Business forum gave access to top food execs

Unrivalled access to top food and drink manufacturing executives was the top reason singled...

Birds Eye boss stays ahead of online curve

Frozen will dwarf other online categories – Birds Eye

Birds Eye has pumped thousands of pounds into its online grocery channel in a...

Food waste reduction needs more leadership, less legislation

Less ‘silly legislation’ needed to beat food waste

Food manufacturers and retailers need leadership from an EU level, less “silly legislation” and...

Maximum Residue Levels must be set soon

Time is running out for setting effective MRLs

If the food industry does not act on the EU’s potential imposition of Maximum...

Quorn will invest to keep up with demand

Quorn talks of fourth fermenter

Consumer demand for Quorn will outstrip the Teesside firm’s supply within a decade, unless...

Natural claims shouldn't be misused

Stop misusing natural, expert urges

Manufacturers must avoid misleading consumers into thinking natural products are intrinsically healthier for them,...

Creepy proteins will be hot

New proteins are creeping on trend

Alternative proteins are a “hot area” of interest and products such as sandwich spreads...

Egg producer's efficiency boosted by investment

Egg producer cracks supermarket deal following investment

Egg producer Blackdown Hills Westcountry Eggs has boosted output and production performance following a...

Training and tech boost efficiency for poultry giant

Faccenda ups efficiency with training and robotics

Faccenda has invested in robotics and training to increase production efficiency and slash waste...

Potato processor boosts output

Greenvale’s Swancote ups output by 60%

A £2M investment is set to boost Greenvale’s Swancote potato processing site’s output further,...

US street-style foods top trend for UK pork business

Tulip goes the whole hog for US-style foods

Pork processing giant Tulip turned around its £2.3M US-style food production plant in a...