Chilled foods giant Kerry Foods has been slammed by Great Grimsby MP Austin Mitchell after the firm announced that 337 jobs were facing the axe following a review of its frozen meal business.
Premier Foods is stepping up its Power Brand plan after announcing a major TV advertising push as md Michael Clarke continues his plan to stabilise the business after a troubled 2011.
Ethnic food specialist The Authentic Food Company (TAFC) is expecting its Chinese ready-meal range to almost double in value to £20M, after partnering with chefs from Gordon Ramsay’s favourite Chinese restaurant.
The Premier Foods botulism case is no closer to being solved, despite the completion of “extensive” research, the Food Standards Agency (FSA) has revealed.
Chilled food processors must remedy overcapacity and meet financial challenges, such as pension deficits, to realise the sector’s potential, according to Geoff Eaton, former chief executive of chilled firm Uniq.
2 Sisters Food Group’s chilled food business Brookes Avana, acquired from Premier Foods last year, will be returned to profitability within two years, according to its new owners.
Premier Foods boss Michael Clarke has received a resounding vote of confidence from city analysts, six months into his role, as he continues his plan to guide the firm out of trouble.
Leading analysts have advised Premier Foods to adopt a strategic approach to disposals and secure a “miraculously” good deal with its lenders, as one confirmed the firm's spreads business is up for sale.
Retail giant Marks & Spencer (M&S) expects trading conditions in the new year to “remain challenging” despite a rise in food sales over the all-important Christmas period.
Only a last minute change-of-heart from consumer giant Unilever will prevent hundreds of its workers hitting the streets of London tomorrow to demonstrate over changes to their pensions.
Hot and spicy food could soon replace the traditional British fry-up on the nation’s breakfast menu due to increasing multiculturalism in the UK, according to a report from cereal giant Kellogg’s.
Greencore has reported healthy results as it confirmed that takeover talks with a “mystery suitor” were now at an end. It has also announced it is seeking inclusion in the FTSE UK Index Series.
Poultry, chilled, frozen and bakery products supplier 2 Sisters Food Group has installed a Microsoft Dynamics navigation-based LINKFresh supply chain business management system from Anglia Business Solutions.
Vegetable protein texturising specialist Sotexpro and starch manufacturer Roquette have teamed up to offer new prospects for meat substitution using a pea-based texturiser.
Packaging Automation (PA) has revealed that the next evolution of its Eclipse range of high-speed tray heat sealing machines will be the first in the UK to operate entirely without any compressed air.
The food industry could be a target for criminals to traffic drugs, illegal goods and immigrants, according to the UK Border Agency (UKBA) and logistics experts.
From business takeovers to factory closures, it has been another busy year for UK food and drink manufacturers. Relive the highlights by viewing the five most popular news articles published on FoodManufacture.co.uk during the past six months.
The sale of Premier Foods’ spreads business could be the next “logical disposal” for the firm following the sale of its Brookes Avana chilled foods and bakery arm yesterday, according to city analysts.
Own-label chilled foods firm Greencore has reported turnover up 8.7% to £804M in the year to September, after confirming that take-over talks with an unnamed suitor had now ended.
A key shareholder’s withdrawal from PepsiCo is continuing to fuel speculation surrounding the future of the snacks and soft drinks giant, according to city analysts.
Veggie food firm Redwood Wholefood Company, owned by Heather Mills, is the most ethical vegetarian food business in the UK, according to The Good Shopping Guide.
Scottish food group Baxters has moved to secure a “strong foothold” in the canned meat market after completing a deal with Princes for the acquisition of the Fray Bentos brand.
Premier Foods and Loyd Grossman are “not at fault” for the botulism scare that has hospitalised three children in Scotland, a spokesman told FoodManufacture.co.uk.
Marks & Spencer’s Simply Food stores are a “bit of a square peg in a round hole” and have lead to missed opportunities for the group, according to city analysts.
Struggling Premier Foods’ recent covenants deferral deal significantly reduces the probability that the firm will enter liquidation, according to investment and banking firm Investec.
Analysts believe that Premier Foods will come under intensifying pressure to sell off some of its businesses following this week’s deal with its banks.
Struggling Premier Foods has been handed some much-needed respite in its quest to renegotiate its debt arrangements after its banks agreed to a deferral of its forthcoming covenants test.
An increase in promotional activity due to competitive consumer spending across the UK and Ireland has blunted performance in Kerry Foods third quarter results, the firm has said.
As the search for the mystery suitor of Greencore continues, experts have ruled out food magnate Ranjit Boparan as a potential buyer saying there is “absolutely no possibility” that the 2 Sisters boss could be a contender.
Price rises in coffee and other commodities have lead to “significant gains” for US snack firm Kraft after it announced positive financial results in Europe for the seventh consecutive quarter.
Food packaging firm Veriplast UK has left 67 employees with the choice of losing their jobs or relocating to Holland after the firm announced the closure of its factory in County Durham.
Food and drink manufacturers must get to grips with new regulations to control the use of refrigerant gases or risk prosecution, warns a specialist in the field.
Troubled food giant Premier Foods still has a mountain to climb despite ceo Michael Clarke’s decision to restructure the business and appoint two new managing director (mds), according to city analysts.
