Unilever has said it will continue to modernise its food portfolio through “innovations and acquisitions” after the company revealed market conditions “remained challenging” in 2017.
Amplify Snack Brands, owner of UK crisp manufacturer Tyrrells, has been acquired by US confectionery giant Hershey, in a deal worth about $1.6bn (£1.2bn).
A gourmet food business that fell into insolvency has been taken over by its current md and the former boss of Ragu and Aunt Bessie’s maker Symingtons.
Bakkavor expects trading conditions to remain “challenging” in the coming months, as it reported revenues up 1.4% to £415.8M for the first quarter ended March 26, 2016.
UK-based ingredients maker Fuerst Day Lawson (FDL) has been taken over by a Dallas-based private equity firm in partnership with current FDL chief executive officer Mac Mardi.
Three food and drink manufacturers have posted positive financial results, with Finsbury Food Group seeing a jump in revenue and Britvic and First Milk reporting profit rises.
Nomad Foods’s acquisition of Findus Group’s continental European business will yield approximately £7M more cost-saving synergies than expected, the firm claimed.
Nomad Foods, the new owner of frozen food company Iglo Group, has reported a £392M loss in the six months to June 30 as the investment firm eyes other potential acquisitions.
The €1.5bn turnover European-based flavour and fragrance firm Symrise has acquired the US natural beverage ingredients firm Flavor Infusion in a multi-million euro deal, it has revealed.
Trades union Usdaw said it was “saddened” to hear of the 140 job cuts planned at breakfast cereal giant Kellogg’s Wrexham factory, part of a global business restructure.
Alastair Macphie will become executive chairman of bakery ingredients firm Macphie later this year, following an 18-year stint as chief executive officer, as part of a management restructure.
Food manufacturing bosses and retail chiefs have joined forces to hit back at government criticism that the food industry "remained silent" over the horsemeat crisis.
Troubled giant Premier Foods is still in “the last chance saloon” after it agreed a four-and-half-year re-financing package with its lenders this week (March 12), according to Martin Deboo, financial specialist with Investec Securities.
Cereal maker Kellogg has agreed a £1.7bn ($2.7bn) deal with consumer goods group Procter and Gamble (P&G) for its Pringles canned crisp business after it was revealed that the firm had ended its previous deal with Diamond Foods.
Eoin Tonge is to take over the corporate communications role at Greencore from Jonathan Grant-Nicholas, who is retiring at the end of April after 45...
