As we emerge from an incredibly trying period for the food and drink industry, 2024 has seen several high profile deals take place. James Scallan, managing director of Houlihan Lokey’s consumer group, explains why the snacking category in particular is...
An investigation into GXO’s purchase of Wincanton has concluded that the deal could reduce competition within the UK contract logistics services market.
VK and Hooch owner Global Brands has partnered with American Beverage Marketers (ABM) to serve as the US firms’ official distributor throughout Great Britain.
Thousands more SME businesses will benefit from Made Smarter funding as UK Government commits to spending £16m to extend its technology adoption programme.
Figures from across the food and drink manufacturing sector have reacted to the 2024 Autumn Budget, announced on 30 October by chancellor Rachel Reeves.
Shakes and meal replacement manufacturer Protein Works has invested £10m vertically integrated headquarters to bring all the disparate parts of its business under one roof.
The premium snack and granola manufacturer has purchased Indie Bay Snacks for an undisclosed sum, as it sets sights on becoming major player in snacking category.
Müller’s anticipated acquisition of Yew Tree Dairy has been cleared by the Competition and Markets Authority (CMA) following an investigation into the deal.
Food ingredients company MicroLub has completed a successful £3.5m funding round to support the next stage of development for its fat and oil replacement technology.
More than €500k of investment has been awarded to innovative food and drink technology projects at EIT Food’s its Accelerator Network Tech Validation Awards.
Reading Scientific Services Ltd (RSSL) is focusing on expanding its laboratory services after investing £700k in a new laboratory providing a suite of advanced 3D imaging and metrology services.
UK poultry processors will soon be able to export their products to South Korea for the first time since 2020, as South Africa reopens its borders to British produce.
Pet food manufacturer Pets Choice is to purchase a number of brands from Petlife International to strengthen its product portfolio in the premium and veterinary sectors.
Convenience food manufacturer Greencore has described its performance as 'encouraging' with full year results expected to 'exceed current market expectations'.
British racing car driver Lewis Hamilton has invested in US-based Bramble, a dog food brand that claims to be 'the world’s first' vet-formulated, plant-based fresh food for dogs.
Discount supermarket chain Aldi plans to invest over £30m in UK dairy farmers over the next three and a half years, through an enhanced partnership with dairy cooperative Arla.
Mondelēz International has acquired a minority stake in ‘better-for-you’ fresh doughnut and pastry business Urban Legend via its corporate venture capital arm SnackFutures Ventures.
Food and drink mergers and acquisitions were up by a third in the second quarter (Q2) of 2024, as the total value of deals rose to nearly £6bn thanks to high profile transactions from the likes of Carlsberg and Newlat.
Revo Foods has unveiled the ‘world’s largest’ 3D printing facility to date, reportedly the first production site able to apply 3D food-printing technology on a large scale.