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.
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”.
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.