Inside food & drink manufacturing
Discounter Aldi and posh supermarket Waitrose have topped a new list of the UK’s top 20 fastest growing retailers, supplying further evidence of the increasing polarisation of the grocery market.
The Findus Group has snapped up Spanish frozen ready meal firm La Cocinera from Nestlé Spain for an undisclosed sum, following approval from the Spanish competition authorities.
Karro Food Group is investing £10M in processing and production across the UK.
A first time fresh juice producer has pumped £2M into a new cold press and high pressure processing (HPP) juicing facility in Shropshire and has secured a contract with upmarket supermarket chain Booths.
Food manufacturers should prepare for a positive three years ahead, as the changing economy prompts consumers to spend at pre-recession levels, a leading economist has said.
An Essex vegetable nursery has been ordered to pay nearly £19,000 after a worker’s arm was severed when it was drawn into unguarded machinery.
Premier Foods has committed to extending its 2014/15 pledge to double the intake of apprentices for a further two years.
Online retailer Ocado will continue to grow ahead of the online grocery market, predicted its boss Tim Steiner, as it posted group sales up by 19.2% for the 12 weeks to February 22.
HIG Capital has agreed to acquire Adelie Foods in a deal that sees it take over a majority share in the chilled food-to-go business, owner of Food Partners.
The supermarket price war hasn’t been as bad for food manufacturers as some think and has instead provided a boost for many firms, according to business experts.
Tesco is reawakening as incomes rise and volume sales start to rise in the UK grocery market, according to Clive Black, director and head of research at Shore Capital.