Nomad Foods Limited has announced it has entered exclusive negotiations to acquire Fortenova Group’s Frozen Food Business Group (FFBG), which includes Ledo, Frikom and other frozen brands.
Müller Corner and Frijj supplier Müller UK & Ireland Group has hit back at inclusion in a Government list highlighting firms failing to pay their workers the National Minimum Wage.
The sale of Kerry Group’s chilled meat and convenience meals businesses would be unlikely to reach the ‘billions of Euros’ the manufacturing is reportedly selling them for, according to an industry expert.
Pie manufacturer Vale of Mowbray has promoted Mark Gatenby to managing director, replacing his father John in the role, and is investing £250k in rebranding as it prepares for 2021 new product development.
Members of the Bakers, Food and Allied Workers Union (BFAWU) at Greencore’s Northampton factory have rejected a ‘divisive’ pay rise, claiming staff there have not been recognised as key workers during the coronavirus pandemic.
British consumer spending on beef totalled £551m in the 12 weeks to 1 November 2020, according to figures from research organisation Kantar Worldpanel.
Dairy product giant Muller UK & Ireland Group has reported sales and profit down in full-year results as inflation raised costs and it continued a hefty investment programme, but it claimed some victories.
2 Sisters Food Group has secured a £475m bond and an £80m revolving credit facility, representing a successful refinancing of the business and enabling it to boost financial performance and generate further cash.
Vegetable, salad and mayonnaise producer Troy Foods has completed a fourth factory in Yorkshire, creating more than 20 jobs and supported by £500,000 via the Northern Powerhouse Investment Fund (NPIF).
Soft drinks firm A G Barr has gained £7.6m in compensation for the termination of its sale and distribution agreement with energy drink brand Rockstar Inc, acquired by US-based PepsiCo in March 2020.
Fresh produce supplier G's Group, whose global customers include UK retailers Tesco and Co-op and manufacturers such as Bakkavor, has overcome the disruption of COVID-19 to report annual sales and profit growth.
Nomad Foods Ltd has agreed to acquire Findus Switzerland from Froneri International and certain intellectual property from an affiliate of Nestlé SA for €110m (£97.7m).
Addo Food Group and Winterbotham Darby have been acquired by private equity firm PAI Partners for undisclosed sums, with the aim of merging the two to create a significant force in chilled foods.
Food industry environmental initiatives are being hampered by the financial impact of COVID-19 and uncertainties surrounding the UK's relationship with the EU after the Brexit transition period, according to an industry survey.
Endless LLP's acquisition of Hovis builds its bakery presence, with the bread brand joining cake manufacturer Bright Blue Foods in the private equity firm's portfolio and opportunities for synergies, one financial adviser claims.
Coca-Cola European Partners (CCEP) has tabled a bid to acquire Asia Pacific bottler and distributor Coca-Cola Amatil in a move that would boost the international reach of both businesses in uncertain times.
Investment and reorganisation for future growth demolished pre-tax profit in the year to 24 April at fresh produce supplier Fresca Group, which owns Thanet Earth, The Fresh Produce Centre and DGM Growers.
Ingredients firm RC Treatt & Co has completed a trailblazing digital factory at its £41m global headquarters at Bury St Edmunds, Suffolk in partnership with Siemens Digital Industries.
Edible Oils Limited (EOL) is investing £24m at its Erith factory, which produces more than 100 million litres of cooking oil annually, under Crisp ‘n’ Dry, Flora and Mazola Corn Oil brands and retail own-label.
Young's Seafood owner Eight Fifty Food Group has announced the acquisition of Hamburg-headquartered AliSa International, trading as Greenland Seafood, for an undisclosed sum.
Frozen food manufacturer Birds Eye's sales increased 'ahead of plan' in the second financial quarter of 2020, according to its annual report just published by Companies House.
Premier Foods is to redeem £40m of its £130m outstanding senior secured floating rate notes as it cuts net debt in what was described as a ‘transformational year’ for the business.
Greencore is ‘quicker, leaner and stronger’ despite taking an operational hit of £10m in responding to COVID-19, according to analysts at Shore Capital.
Asda is set to increase the volume of products sourced from UK suppliers, from chicken and dairy to wheat and potatoes, following its acquisition by joint owners Mohsin and Zuber Issa and TDR Capital.
Italy's Newlat Food has confirmed its proposed acquisition of Hovis, following a Sky News report flagging the move, with Newlat claiming a successful bid would enable it to reach sales of €1bn within 24 months.
A total of £7.4bn and more than 290,000 jobs could be wiped out unless the Government regularly reviews the 10pm pub curfew rule and creates tailored financial support for pubs and brewers.
Essex-based beverage processor Gerald McDonald has secured a £500,000 deal to sell its organic fruit juices to Japanese businesses through to April 2021.
Clandeboye Estate, home to Clandeboye Estate Yoghurt, has announced it will invest more than £2m to expand its yoghurt business and create 13 new jobs.
The UK trade agreement with Japan will benefit pork, beef, grain and dairy exports among other areas and has been welcomed by food firms and trade bodies.
In this exclusive interview, Andy Zynga, boss of European Institute of Innovation & Technology (EIT) Food, addresses likely access to funding after the Brexit transition period and three funding recipients that caught his eye.
Whisky, beer and gin industries, Walkers Shortbread and Government respond on US tariffs
US tariffs have wiped £300m off Scotch whisky sales, with losses set to grow as it emerged they would be kept in place for what is one of Scotland's staple exports.
HelloFresh, the meal kit business, has secured a factory at Bermuda Industrial Park, Nuneaton, as part of a plan to help meet soaring demand that is set to create 1,400 jobs.
Biscuits and snacks firm Pladis Foods, which makes brands such as McVitie’s, has reported significant annual growth in international profits and sales and outlined efforts to promote nutrition and healthy eating.
Samworth Brothers, Winterbotham Darby and The Real Wrap Company were the principal food industry buyers of Adelie Foods assets post-administration, with Samworths acquiring the Urban Eat brand for £6.4m.
A new €5.4m (£4.87m) support fund to help food and drink startups navigate the challenges of the coronavirus outbreak has been announced by innovation and investment group EIT Food.
Tulip has announced plans to reopen its Bromborough factory from August under a new site director and has launched a major recruitment drive, creating over 120 job roles in the local area.
SecAnim has unveiled a category 1 animal by-product processing facility costing more than £15m to build at its renewable energy and recycling site at Widnes in Cheshire.
