Business News

The EU Council's agreement to extend Brexit has had mixed responses from the food and drink industry

Industry response to EU exit extension

By James Ridler

The EU Council’s decision to allow the UK to delay its departure from the EU has been met with relief and scepticism by the food and drink industry.

Clipper Teas owner Wessanen has been acquired for £737.2m

Wessanen acquired in £737.2m takeover bid

By James Ridler

Clipper Teas and Whole Earth owner Wessanen has accepted a takeover bid from private equity firm PAI Partners and Delta Partners co-founder Charles Jobson, in a deal worth €885m (£737.2m).

Alantra's Fast 50 ranking reveals how the most agile brands are exploiting the market

Strong Roots tops fastest-growing food firms list

By James Ridler

Frozen plant-based foods producer Strong Roots has topped this year’s list of the fastest-growing food and drink businesses, presented by investment banking firm Alantra.

The Meatless Farm Co is now available in Morrisons

Meatless Farm Co wins Morrisons listings

By Aidan Fortune

Plant-based protein manufacturer The Meatless Farm Co is expanding its presence in the UK retail sector with new listings in Morrisons.

Only the most prepared food businesses will survive tariffs after Brexit

Food price increases a reality of no-deal Brexit

By James Ridler

Tariffs on food would bump up prices by 10% in a no-deal Brexit and would be detrimental to all but the most prepared food businesses, warned Labour’s Lord Jeffrey Rooker.

Vbites owner Heather Mills has purchased her third food factory

Heather Mills buys third food factory

By James Ridler

Heather Mills, owner of vegan food manufacturer VBites, has purchased the former Coty/Procter & Gamble factory in Newcastle for an undisclosed sum.

Skinner's Brewery has secured supermarket listings in the south west of England

Skinner’s Brewery secures Tesco listing

By James Ridler

Cornish brewer Skinner’s has secured a deal with Tesco to supply its newest range to the retailer’s stores across the south-west of England.