Inside food & drink manufacturing
Britvic’s £114M buyout of the Brazilian soft drinks firm Ebba will provide a significant boost to turnover, the manufacturer announced after revealing third quarter (Q3) revenues up by just 1% to £322.3M.
Vimto brand owner Nichols Plc has acquired Feel Good Drinks from German drinks supplier MBG International Premium Brands for an undisclosed amount.
Premier Foods’s pre-Christmas prospects look good, despite the firm posting falling first-quarter sales results yesterday, according to City analyst Shore Capital.
Food manufacturers could face “a nightmare scenario” of being ditched by retailers, after supermarkets acquire their own manufacturing facilities.
Food fraudsters are substituting dried oregano with other herbs, such as olive and myrtle leaves, reflecting a “major problem” in the herb and spices sector, according to Professor Chris Elliott.
Confectionery sales in the UK will grow by 8.6% by 2019, despite more than 60% of Brits raising fears about the high levels of sugar in sweets, according to a new report.
2 Sisters Food Group has appointed two new non-executive directors – one from foodservice business Compass Group and one from can manufacturer Rexam.
Fresh hope of saving hundreds of jobs threatened at Young’s Seafood plant in Fraserburgh, Scotland, has emerged after a key meeting of stakeholders yesterday.
Premier Foods has reported sliding sales in its first quarter results to July 4, due to this year’s early Easter, ahead of its annual general meeting yesterday.