Inside food & drink manufacturing
The £34.7M sale of Premier Foods’ four Irish brands, Chivers, Gateaux, McDonnells and the Erin licence, to the Boyne Valley Group underline worries about the food giant’s ability to generate cash, one leading analyst has warned.
Bakery, desserts and sugar distributor The Real Good Food Company (RGF) is “an attractive investment opportunity”, according to financial specialist Shore Capital, after the firm posted an interim statement.
Government should take a far more active role in leading and implementing food policy, according to an informal vote at conference organised by City University London.
Chocolate manufacturer Highland Chocolatier is investing £200,000 in quadrupling the size of its production area in a bid to expand capacity to meet rapidly rising demand.
Ingredients suppliers are seizing the opportunity offered by EU regulations banning the use of battery farmed hens’ eggs to back food manufacturers struggling to source legitimate supplies.
Achieving the Food and Drink Federation’s (FDF) target growth of 20% by 2020 is “entirely realistic”, the organisation’s communications director Terry Jones told FoodManufacture.co.uk.