Business Leaders

Simtom Foods's factory is based at Merry Lees Industrial Estate in Leicestershire

World foods supplier Simtom Food Products in administration

By Rod Addy

Simtom Food Products Limited, the family-owned ethnic condiments manufacturer, has entered administration citing the impact of the pandemic and labour shortages, after making most of its 60-strong permanent workforce redundant.

NWFE's brands include Wild West and Cruga

Valeo agrees to acquire meat snacks group NWFE

By Rod Addy

Valeo Foods Group - owner of Rowse Honey, Kettle crisps and Jacob's biscuits - has agreed to acquire meat snacks producer New World Foods Europe (NWFE) from Australia-based entrepreneur Tony Quinn.

Bakkavor's salad sales were still behind 2019 levels, but a recovery in food-to-go still drove a strong sales performance

Bakkavor trading 'ahead of 2019' except for salads

By Rod Addy

Bakkavor, the fresh prepared food manufacturer, has reported second quarter trading ahead of 2019, although sales of salads had been hit by COVID-19 restrictions and mixed weather.

The newly merged business will process about 500m litres of British Red Tractor farm assured milk

Freshways Dairy and Medina Dairy merge

By Rod Addy

Freshways Dairy and Medina Dairy have announced a merger to create a more sustainable, scaled up business called Medina Freshways Ltd.

Typhoo processes its branded and own label teas in the UK

Typhoo Tea acquired by Zetland Capital

By Rod Addy

Typhoo Tea Ltd, maker of brands such as Lift and Heath & Heather has been acquired by private equity firm Zetland Capital, enabling it to invest in production and boost jobs.

SMEs in all sectors are struggling financially

Surge in food SMEs in significant financial distress

By Rod Addy

The amount of small and medium-sized enterprises (SMEs) in food and drink manufacturing in significant financial distress has risen by 35%, comparing the first quarter of 2020 with the first quarter of 2021.

Clothier: 'The system is older than you or I'

FoodMan Talks: Wyke Farms grows exports amid Brexit red tape

By Rod Addy

Post-Brexit bureaucracy is still hampering cheese producer Wyke Farms' export efforts, although the company is making considerable headway in markets outside the EU, according to managing director Richard Clothier in the latest FoodMan Talks.

Gü recently expanded into fast-growing categories such as free-from

Noble Foods agrees Gü acquisition by Exponent

By Rod Addy

Noble Foods has agreed to sell top premium chilled desserts brand Gü to Exponent for an undisclosed sum, as the private equity group claims the brand has significant global potential.

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