Breaking News on the Food and Drink Manufacturing Sector

Headlines > Business News

Loading...

Overseas deals to drive food manufacturing mergers and acquisitions

By Gary Scattergood , 21-Jan-2013
Last updated the 21-Jan-2013 at 14:48 GMT

The 2012 trend for major cross border merger and acquisition (M&A) activity in the UK food and drink industry is set to continue in 2013.

That’s the view of expert Andrew McLean, a partner at law firm Stephenson Harwood, in this exclusive video for FoodManufacture.co.uk

McLean was speaking at Food Manufacture’s annual Business Leaders’ Forum in central London last week, where senior executives met to discuss the major issues affecting the sector.

Private equity

Watch the video to find out what he thinks is making UK food and drink manufacturing firms so attractive to overseas buyers, and whether he thinks there will be a resurgence in private equity activity in 2013.

Last year – which saw the highest amount of M&A activity in the food and drink sector for three years – was driven by a number of major trade deals, largely from overseas buyers.

In addition to iconic British brand Weetabix being snapped up by Chinese conglomerate Bright Food Group , KP Snacks, the maker of Hula Hoops, was bought by German firm Intersnack .

Watch the video to find out what 2013 has in store for M&A activity.

There will be more stories from Food Manufacture’s Business Leaders’ Forum − sponsored by legal firm Stephenson Harwood, business improvement specialist Acumen and recruitment expert Goldteam − later this week.

Food industry young talent celebrated in manufacturing awards

Food manufacturing Oscars celebrate young talent

The Young Talent of the Year award – a new category in the Food...

More research needed to tackle obesity crisis

Obesity crisis demands more food science research

More research is needed to counter Britain’s burgeoning obesity crisis, according to the Institute...

Obesity experts sum up webinar messages

Obesity webinar speakers sum up key messages

Calls to base Britain’s obesity debate on a more scientific footing and the urgent...

Burtons sees value in brands from the past

Lucrative opportunities in brands from the past: Burtons

Reviving food brands from the past could prove even more lucrative if food businesses...

Food safety conference will highlight food industry risks

Food safety conference to help protect food firms

Food and drink manufacturers can learn how to guard against hazards and discover the...

Sustainable palm oil lobby group needs broader standards

RSPO needs to broaden its principles: Cargill

The Roundtable on Sustainable Palm Oil (RSPO) has been called on to renew its...

Drinks firm’s big three barriers to consumer recycling

Top three barriers preventing consumers recycling

Bad habits, misconceptions and a lack of trust are the three main barriers preventing...

Food firms’ negative effect on the planet to be exposed

Food firms risk exposure over non-sustainable palm oil

Food manufacturers that don’t use purely sustainable palm oil supplies risk being named and...

Mondelēz challenges suppliers’ sustainable palm oil efforts

Mondelēz throws down sustainable palm oil gauntlet

Mondelēz is challenging palm oil suppliers to step up their game so it can...

Food origins to be taught during Healthy Eating Week

BNF to school children on provenance of food

The British Nutrition Foundation (BNF) will educate school children on the provenance of food...

Bakery giant hones in on de-skilled kitchen staff

Delice de France hones in on deskilled kitchens

Bakery giant Delice de France has restructured its bakery manufacturing operation in response to...

Drinks manufacturers play a key role in sugar reduction

Drinks manufacturers must reduce sugars: PHE

Drinks manufacturers must work to reduce the amount of sugars in their products to...

Adams Foods invests in innovation centre

Adams Foods responds to customer demand for innovation

Adams Foods has pumped £3M into a new customer innovation centre in response to...

Stevia has its calorie-reducing limits

Stevia is not a calorie panacea: regulatory scientist

Natural sweetener stevia is best used to lower calorie content, rather than eliminate it,...

Seafood processor invests to meet demand

Paramount 21 invests to expand production

Seafood processor Paramount 21 has invested in a 464.5m2 warehouse adjacent to its Newton...

Supermarkets told to take risks with ready meals

Own-label ready meals lack innovation, Bingham and Jones

Retailers need to be bolder with their own-label ready meals and stop relying on...

US better at functional food

UK lacks US’s functional food panache

Manufacturers in the US are better at responding to functional food demands than those...

Over-65s prime target for functional food businesses

Over-65s prime target for functional food businesses

Targeting the ageing population will boost the UK’s “stagnating” functional food and drink sector,...

Department of Health ‘difficult’, says Dairy UK boss

Department of Health ‘difficult’, says Dairy UK boss

The boss of Dairy UK has criticised the Department of Health (DH) for putting...

Warburtons boss: innovation vital in discounters’ market

Warburtons boss: innovation vital in discounters’ market

Innovation is vital in a retail market increasingly dominated by discount outlets, says Jonathan...