Inside food & drink manufacturing
Premier Foods has fended off a hostile takeover bid from McCormick & Company – because it “significantly undervalues [the manufacturer’s] growth prospects” – and agreed a partnership with Nissin Foods Holdings.
Asda’s meat manufacturing firms, Kober and Forza AW, are unaffected by its restructuring review, which has resulted in 280 job losses.
Allied Bakeries plans to invest more than £1M in a full overhaul of Sunblest pancake production at its East Belfast bakery.
2 Sisters Food Group has promoted Jonathan Russell to director of group procurement, responsible for the manufacturer’s £1.5bn a year purchasing budget and for managing its supply chain.
Coca-Cola Enterprises (CCE) has unveiled a five-step plan for the future of sustainable manufacturing, which includes ‘smart’ ingredients with the potential to replace sugar, fat and salt.