Inside food & drink manufacturing
A competitive environment and the increasing bargaining power of major retailers is putting food producers under growing pressure – which in turn is driving mergers and acquisitions (M&A) activity – a trade credit insurer has found.
Food and drink manufacturers are now able to source a comprehensive range of sugar reduction additives from a single ingredients firm, after its leading range was extended to include new variants.
French dairy and nutrition company Danone has launched a cost-cutting and efficiency scheme, designed to save €1bn (£850M) by 2020, after its European sales fell 1.4% last year.
Drinks giant Heineken saw a £238M boost to sales last year, revealed in its full-year results for 2016, despite weaker performance in Africa and the Middle East.
About 23,000 birds will be culled in Suffolk, after a case of avian (bird) flu was identified near Redgrave.
Costello’s Bakery is to create up to 10 new jobs, after it revealed plans to launch a £150,000 production facility in North Yorkshire.
Food manufacturers should adjust their pest control measures as the seasons change, a pest elimination expert has argued.
Dessert manufacturer Gü Puds has forecast a 90% sales spike this Valentine’s Day, as more people opt to spend the night in with their loved ones.
Tesco’s failure to remove out-of-date promotional labels from its shelves is a criminal regulatory offence, which could lead to fines – and even imprisonment of individuals found guilty, a law firm has claimed.
The contents of Arla’s former Essex dairy are set to go under auction, drawing interest from international buyers.
Bristol-based Anstee’s Bakery had to pay more than £5,000 in costs and damages to Bakers Basco, after using its bread baskets without permission.