Operations

Nestlé has acquired health and nutrition firm The Bountiful Company

Nestlé announces nutrition deal, but confirms 573 job cuts

By James Ridler

Nestlé has agreed to acquire The Bountiful Company’s core health and nutrition brands in a deal worth $5.75bn (£4.09bn), while confirming hundreds of job cuts across its KitKat and Fruit Pastilles factories.

L to R: Salcombe Brewery chairman John Tiner with Beaman at the new site

Me & My Team: Salcombe Brewery

By Sam Beaman

Salcombe Brewery has weathered the pandemic, has almost completed a £1m site and is poised to roll out a new canned pilsner this summer, head brewer Sam Beaman tells Food Manufacture.

Adam Street Advisers supported the MBO of St Helier Beverage Company

St Helier Beverage Company management buyout

By James Ridler

Corinthian Brands joint managing directors John Hibberd and Paul Burton have led a management buyout (MBO) of parent company St Helier Beverage Company, with help from an eight-figure funding package from finance lender ThinCats.

Image: Fibrepak

Producers urged to fight DEFRA’s packaging cost plans

By Jerome Smail

Packaging Federation chief executive officer Dick Searle has warned producers are in the firing line for ‘unfair’ costs under Department for Environment Food and Rural Affairs (DEFRA) extended producer responsibility (EPR) proposals.

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