Procter & Gamble acquires Thorne for $3.8BN
The American multinational consumer goods company has entered into a definitive agreement to acquire Thorne.
Investments
Campaign run by 5 major supermarkets raises £500K to fight UK hunger
A joint fundraising campaign run by five of Britain’s largest supermarkets has raised £500,000 to help tackle hunger across the UK.
Middledale Foods reveals £600K expansion plans
The Welsh specialist ingredients supplier has announced ‘significant’ expansion plans following a record-breaking financial performance for FY25.
ABP snaps up minority stake in Waitrose beef supplier
Beef and lamb processor ABP has acquired a minority stake in Dovecote Park, Waitrose’s exclusive beef, veal and venison supplier.
Compleat Foodservice invests £600K into cookie production
The foodservice arm of The Compleat Food Group has injected a significant sum into a new cookie production line, expanding its capabilities and capacity.
UK government to invest £70M+ into new institute to fight obesity
The Medical Research Council (MRC) and the British Heart Foundation (BHF) are set to invest more than £70 million in an all-new research centre designed to tackle the obesity epidemic.
Scandi Standard buys out Irish chicken firm for €127M
Poultry group Scandi Standard has bought Irish manufacturer Glenhaven Foods to strengthen its ready-to-eat portfolio.
Mars invests $3m to empower women cocoa farmers
Mars and Save the Children launch major new project to support women in cocoa farming
Packaging firm commits £20M to new fibre-focused facility
Packaging and label firm Paranova has announced a major investment, set to roll across five years.
Cranswick posts strong Q1 but “remains mindful” of Iran disruption
Meat supplier Cranswick has posted strong results in its first-quarter trading update, despite challenging market conditions.
Damm UK takes stake in Dalston’s Soda Co
Damm UK has acquired a stake in London-based soft drinks company Dalston’s Soda Co as part of its strategy to diversify its beverage portfolio.
Greencore upgrades profit guidance following Bakkavor acquisition
Greencore has raised its profit guidance as its acquisition of rival food manufacturer Bakkavor begins to pay dividends.
Arla Foods pumps £30M into new production line
Dairy giant Arla Foods is making a major new investment in one of its Swedish sites in response to skyr’s growing popularity.
McCormick reveals big plans and exec team for Unilever Foods merger
McCormick has announced a trio of major updates for the combined business, following the proposed merger with Unilever’s Foods business announced earlier this year.
Nestlé Purina invests £478M into new pet food factory
Nestlé Purina is investing 520 million CHF into a new Purina plant in Italy for the production of wet pet food for cats and dogs.
Utz to go private in $2.9 billion Intersnack deal as shares surge
Stock nearly doubled after Intersnack agreed to pay $14.24 per share in cash, a 91% premium over its prior close
Takeovers of UK F&B firms surge by 18% driven by functional boom
Takeover deals targeting UK food and drink firms have risen by 18% over the last year, with lifestyle and functional brands generating strong interest.
Cranswick acquires meaty stake in fast-growing The Jolly Hog
Major pork supplier Cranswick has acquired a stake in Bristol-based challenger brand The Jolly Hog.
UK pet producer snaps up competition
Assisi Pet Care has acquired one of the UK’s leading premium natural pet food brands.
Roberts of Port Dinorwic CEO explains ailing firm’s dramatic return to profit
Roberts of Port Dinorwic CEO Mark Rodgers speaks to Food Manufacture about how he spearheaded an impressive turnaround.
Harlech Foodservice unveils £3.5m HQ expansion as sales set to reach record £75m
Gwynedd-based Harlech Foodservice is planning a £3.5m expansion of its headquarters in Llanystumdwy near Cricieth, including new warehousing, freezer facilities and more delivery vehicles.
Interview: Why Mars has bet big on UK manufacturing
Mars Wrigley’s UK&I GM Adam Grant tells Food Manufacture why the firm has chosen to pour close to £200M into its famous Slough site.
Compass Group to open 70 million-meal factory in Derby
Compass is to open a new 10,000 sq m food factory in Derby that will produce over 70m meals a year.
Dean’s £4.9m funding to support export business
Dean’s of Huntly, the Scottish bakery business, has secured a £4.9 million funding package from Bank of Scotland to help drive its export business.
25 years to save English farming? Downing Street lays out its pitch to the industry
The government has laid out its 25-year farming roadmap in a bid to give English farmers greater certainty in an increasingly unstable economic landscape.
Private label protein bar manufacturer announces €3.5M investment
Newon Food has announced a multimillion investment which will see its protein bar manufacturing capabilities expanded.
Private equity firm buys Italian ingredients business
CVC Capital Partners has struck a deal to buy ingredient solutions manufacturer Irca from its parent firm Advent.
The Protein Brewery raises €48.2M in Series B funding, sets sights on active nutrition and longevity
The Protein Brewery has added a further €18 million to its Series B funding round as it gears up to scale production capacity, drive sales in active nutrition, and advance research into the longevity benefits of its flagship mycoprotein ingredient,...
Prebiotic overnight oat start-up secures £220K
British breakfast brand Oat Cult has raised £220K in a funding round led by Anotherway Ventures for its probiotic and prebiotic products.
£28M investment fuels new Nescafé NPD
Two new Nescafé frothy coffee products are hitting UK shelves following a major factory investment.
Damm fuels growth strategy with international expansion
Spanish drinks producer Damm, known for its Estrella Damm lager, is initiating a new growth phase to double revenue by 2030 by continuing with its international and diversification strategy
Agropalma acquisition makes Daabon palm oil powerhouse
Organic ingredients multinational Daabon has just become the largest sustainable palm oil producer in the Americas following a recent acquisition.
290 jobs on the line as Gousto weighs up site closure
The meal kit provider has announced the potential closure of its Clay Lake facility in Lincolnshire, putting hundreds of jobs at risk.
Ribena and Lucozade producer pumps over £14M into Herefordshire site
Japanese drinks giant Suntory is planning to invest £14.5 million in a ‘next-generation’ blackcurrant processing facility in Herefordshire.
Danone to acquire Made Group
The French company aims to boost APAC expansion with major new acquisition
US investment into UK food and drink under threat
Rapid, uncoordinated regulatory change is weakening the UK’s attractiveness for investment, suggests new research.
Lincolnshire veg producer invests in new forklift fleet
Vegetable producer AH Worth has invested in a new forklift fleet to strengthen its operational safety and efficiency.
Why is Ingredion taking over Tate & Lyle?
Both companies will benefit from combining
International ingredients firm acquires cocoa-free chocolate pioneers
Hamburg-based venture capitalist Oyster Bay sells stake in UK start up responsible for developing world’s first ‘bean to bar’ chocolate alternative based on fava beans.
Ailing Pizza Hut business to be sold for $2.7 billion
Yum! Brands is set to offload the Pizza Hut chain following dwindling operating profits.
CMA makes final decision on ABF-Hovis merger
The Competition and Markets Authority (CMA) has published its final report into the proposed merger of Associated British Foods (ABF) and Hovis.
Where are investors placing their bets in F&B?
While global food and drink dealmakers are hungry for a piece of M&A action, mid-market activity is a little different.
Somerset F&B innovation hub unveils new canning line
A leading South West food and drink innovation centre has launched a new canning line as demand from producers looking to scale up production and trial new canned products grows.
Ingredion agrees deal to buy Tate & Lyle
British food and drink powerhouse Tate & Lyle has agreed to a £2.7 billion takeover deal by US firm Ingredion.
2 Sisters owner saves Brace’s Bakery from administration
Boparan Private Office (BPO) has acquired Brace’s Bakery in a deal that will secure the future of the business and save hundreds of jobs.
US private equity firm buys leading UK ingredients manufacturer
An affiliate of private investment firm Peak Rock Capital has completed the acquisition of a major British ingredients manufacturer.
Radnor Hills ventures into the snacking industry
Welsh mineral water brand Radnor Hills is making its first move outside the drinks industry by investing in a new snacking brand.
Discount grocer to slash prices on more than 1,000 products
A leading discount grocer is planning to cut prices on more than 1,000 products as part of a £250 million investment in price.
Domino’s Pizza invests £25M into new supply chain centre
Domino’s Pizza Group has opened a new supply chain centre on the edge of Bristol backed by a £25 million investment.
Nestlé snaps up smart food brand Yfood
The first acquisition under new CEO Philipp Navratil comes just two months after Danone announced its acquisition of Huel