Mergers and acquisitions (M&A) in the UK food and drink industry will continue, regardless of the outcome of Brexit, with the potential of the economy accelerating should a deal be agreed before 29 March, according to Shore Capital head of research...
Confectionery and snacks giant Mondelēz has joined the number of food and drink manufacturers stockpiling goods and raw materials to buffer itself from a worst-case scenario of a no-deal Brexit.
Convenience foods manufacturer Greencore is working with its customers to manage supply chain disruption in the worst-case scenario of a no-deal Brexit.
With the threat of the UK crashing out of the EU, Greencore chief executive Patrick Coveney has urged food and drink manufacturers to act on no-deal Brexit scenario contingency plans.
The bosses of grocery retailers including Sainsbury’s, Asda, Waitrose and McDonald’s have voiced concerns about the “significant risks to maintaining the choice, quality and durability of food” posed by a no-deal Brexit.
Wyke Farms is doubling capacity at its Bruton plant in Somerset, having secured planning permission for the move as part of a five-year plan to maintain the business' strong growth.
Mergers and acquisitions (M&A) activity in the UK food and drink industry will continue despite the outcome of Brexit, according to Shore Capital head of research Clive Black.
The head of one of the largest food processing trade bodies has repeated his warning on the damage a no-deal Brexit could have on the meat industry, particularly in terms of labour.
A no-deal Brexit could cost Scotland £14bn a year, with the food and drink sector worst affected, the Confederation of British Industry (CBI) has claimed.
Food and drink manufacturers need to start implementing their no-deal Brexit contingency plans, legal firm Eversheds has warned, as the threat of a hard exit from the EU draws closer.
The food industry has called for an extension to Britain’s impending exit from the EU following Parliament’s rejection of the Government’s Brexit Withdrawal Agreement.
The UK fishing industry has been told to prepare for a no-deal Brexit or risk being unable to import and export fish and fish products once the UK leaves the EU.
Scottish food bodies have joined forces to “implore” the Government to avoid a no-deal Brexit situation that could cost the industry over £2bn in lost sales a year.
