Inside food & drink manufacturing
Associated British Foods’s (ABF’s) adjusted operating profit will be boosted by currency fluctations, it reported in its pre-close trading update, while it revealed the acquisition of an Italian vinegar manufacturer.
Poultry processor Moy Park has been sold to US giant Pilgrim’s Pride for £1bn ($1.3bn).
Confectionery firm Orchard Valley Foods and Swedish ingredients firm Candeco Confektyr have merged to form the £36M (€40M) Orchard Valley Foods Group.
A further 26 food products have been recalled because of the fipronil-contaminated imported egg scandal, according to the Food Standards Agency (FSA), bringing the total number of products withdrawn from sale because of the insecticide to 65.
Food Manufacture’s 90th birthday
Food and drink packaging has massively improved food safety over the past 90 years, according to iDi Pac md Chris Waterhouse.
A halal meat processor has been ordered to pay more than £60,000, after being convicted of five charges relating to failures of hygiene control.
Meat processor Tulip has agreed a deal to buy pig producer Easey Holdings, after this website exclusively revealed the firm’s plans to invest up to £70M in acquisitions, equipment and product innovation.
EXCLUSIVE
Meat processor Tulip is to invest “up to £70M” in acquisitions, equipment and product innovation next year, after returning to a trading profit this summer, its boss has exclusively told this website.
Beverage manufacturer Macb has recalled batches of its flavoured still spring water, after mould was found inside the bottles.
Groceries Code Adjudicator Christine Tacon has urged food and drink suppliers to familiarise themselves with the Groceries Supply Code of Practice (GSCOP), in order to strengthen their hand in negotiations with retailers.