Signalling a key vote of faith in debt-laden Premier Foods, leading City analyst Shore Capital has upgraded its advice on the firm’s stock from ‘hold’ to ‘buy’.
Bradford-based Seabrook crisps has slashed its products’ salt levels by 20% – but its boss says the industry as a whole is not getting the credit is deserves for undertaking such costly and challenging endeavours.
The Advertising Standards Authority (ASA) has ruled that Unilever cannot use one of its Piri Piri Pot Noodle online adverts in its current form and ordered the firm not to use “offensive images” in future.
Suffolk-based food business Indo European Foods has been ordered to pay over £18,000 for safety failings after a worker suffered serious injuries when his arm became caught in unguarded machinery.
Campbell Soup Company plans to sell some of its business in Europe to private equity firm CVC Capital Partners and has announced it is in final and exclusive negotiations to clinch the deal.
Premier Foods will continue to develop its Power Brands and deliver a further £10M of cost savings this year, according to a statement accompanying its half-year results posted today (July 23).
Britain’s current heatwave could add extra stress to UK potato producers that have already experienced a “very tough” year, according to the boss of one crisp firm.
Rebuilding European consumers’ confidence in the supply chain is a key challenge facing the European Food Safety Authority (EFSA), according to its tenth anniversary report, which also set out its achievements over the past decade.
The global popularity of spicy foods, combined with the trend towards ethnic foods in the US, makes Tabasco pepper sauce poised for growth, claims its manufacturer the McIlhenny Company.
Kellogg has implemented Honeywell radio frequency barcode scanners as part of its automated supply chain. Supplied and supported by Peak-Ryzex, Kellogg uses the scanners at its UK distribution centres and warehouses. Its barcode-driven processes are dependent...
Scottish potato crisp company Mackie's at Taypack is set to double its output after developing a new manufacturing facility in Errol, which is 60% bigger than its current unit at nearby Moncur, Perthshire.
Marks & Spencer’s (M&S’s) new £200M distribution centre at the London Gateway Logistics Park – which will create up to 700 jobs – will handle ambient foods, a spokesman has told FoodManufacture.co.uk.
Globalisation is leading to more adventurous consumers who are increasingly prepared to try spicy foods, including hot pepper sauces, according to the McIlhenny Company, maker of Tabasco pepper sauce.
The number one global food brand is Nestlé’s Maggi range of instant soups, stocks, sauces, taste enhancers and noodles, according to Kantar Worldpanel. Unilever’s Knorr brand came second while PepsiCo’s Lay’s brand was third.
The food and beverage manufacturing sector will continue to be a core focus for German engineering giant Siemens, as news emerged that it planned to exit its water treatment solutions business.
Tyrrells Potato Crisps has been recognised with a prestigious award for outstanding success in exports – not least for its entry into Russia, where it has been able to command a staggering £5 a pack in Moscow’s premium food outlets.
Tate & Lyle has posted “reassuringly dull” third-quarter figures, despite having to implement measures to tackle aflatoxin, a fungus in maize caused by the unusually hot and dry conditions in the US last summer.
Foodservice supplier Brakes has put 90 jobs at risk by deciding to outsource desserts production from its subsidiary division Creative Foods in Cornwall to Greencore’s Ministry of Cake company in Devon.
The food industry’s biggest ever takeover was announced over the past month with the sale of Heinz to a consortium led by the sage of Omaha, Warren Buffett, and Brazilian private equity specialist Jorge Lemann’s 3G Capital group for an eye-watering $28bn...
Premier Foods faces six key challenges – including: managing consumer demand uncertainties, reducing its borrowing and grappling with its pension deficit – according to City analyst Investec.
Britain’s multiple retailers are devoting so much IT resource to fulfilling soaring demand for online grocery sales that work on developing the Global Data Synchronisation Network (GDSN) with their suppliers has suffered, it has emerged.
As demand for natural food colours grows, suppliers and their customers are paying more attention to traceability and supply chain control. Paul Gander reports.
Premier Foods’ full-year results for the year ended December 31 2012 divided City analysts but all agreed its debt mountain continued to give cause for concern.
Britain’s biggest food manufacturer Premier Foods could be forced to compromise its recovery plan by selling key power brands to boost its troubled balanced sheet, according to a leading City analyst.
Union bosses are seeking urgent meetings with the new owners of Heinz after it was snapped up by a consortium led by US investor Warren Buffett in a shock £18bn deal.
Increasing competition from own-label, as well as more attention to consumer preferences, is helping to usher in fresh packaging innovation in herbs and spices.
