Boparan Holdings clinched the top spot in a food and soft drink suppliers survey produced by OC&C Strategy Consultants in collaboration with Food Manufacture’s sister title The Grocer.
The top ranking comes after Boparan Holdings made a string of acquisitions, including Vion meat businesses, Brookes Avana business and Northern Foods, in recent years.
Quadrupled annual revenue
Companies singled out for praise
- Moy Park
Over the past five years, the company has climbed from 20th place to number one in the index and has managed to quadruple its annual revenue to £3.36bn last year.
Arla Foods has gone up five places to the third spot and poultry processor Moy Park jumped four places to 15th, compared to last year’s list.
But pork processor Karro Food has plummeted 14 places to 34rd and Premier Foods dropped 12 places to 22nd on the index, based on annual revenues.
The report singled out Moy Park, frozen food business McCains, chocolate maker Ferrero, soya drinks company Alpro and food-to-go business Adelie as companies with “winning strategies”.
‘Ambitions beyond cost-cutting’
OC&C Strategy Consultants partner Will Hayllar said: “The biggest success stories in this year’s Food & Drink 150 have ambitions far beyond aggressive cost-cutting.
“McCain, for example, launched six new products over the course of 2014 to meet changing consumer tastes.
“Equally, Alpro hasn’t rested on its laurels – innovating on its core offering with new tastes and pack sizes, and expanding into adjacent categories such as yogurt and cream delivered a step change in the company’s performance over the past year.”
OC&C and the Grocer’s Food & Drink Top 10 2015
1. Boparan Holdings (up from number two)
2. Associated British Foods (down from number one)
3. Arla Foods (up from number eight)
4. Unilever UK (down from number three)
5. Mondelēz UK (down from number four)
6. Coca-Cola Enterprises (down from number five)
7. Nestlé UK (down from number six)
8. Bakkavor (up from number nine)
9. Princes (down from number seven)
10. Müller UK & Ireland (up from number 41)