ABF buys remaining share in Illovo for £262M
Associated British Foods (ABF), has reached agreement to acquire the remaining interest in Illovo, the South African sugar company, for £262M.
Associated British Foods (ABF), has reached agreement to acquire the remaining interest in Illovo, the South African sugar company, for £262M.
Premier Foods set out big growth plans this week, while reporting “constructive” talks with US spice manufacturer McCormick, which wants to buy the Mr Kipling manufacturer.
A joint venture deal between 2 Sisters and Dunbia could face scrutiny from competition authorities, as well as raise concerns from supermarkets, according to City analyst Shore Capital.
Lean webinar
Food and drink retailers’ growing interest in lean manufacturing is a “massive opportunity” for manufacturers, according to Lauras International, which is sponsoring Food Manufacture’s free, one-hour webinar focusing on the topic at 11am on Tuesday April 26.
The head of The Co-operative Group has insisted on a 60% reduction in his overall remuneration package, after claiming the business was “on the right track”.