Inside food & drink manufacturing
Tumbling bread sales in the UK and an over aggressive acquisition strategy from previous management has significantly contributed to Premier Foods’ share price plummeting more than 90% since its purchase of Hovis in 2005.
2 Sisters Food owner Boparan Holdings is considering the sale of one of its Christmas pudding businesses amid competition concerns arising from its acquisition of the Brookes Avana business from Premier Foods.
Food and drink manufacturers have urged Chancellor George Osborne to change government policy on energy and emissions or risk contributing to industry price rises of up to 40%.
The boss of a Leicester food manufacturing firm has been ordered to pay nearly £9,000 after a teenaged employee fell two metres while unloading a shipping container attached to the back of a heavy goods vehicle.