Food manufacturing giant Premier Foods is “no longer the basket case” that ceo Michael Clarke inherited a year ago after the sale of its spreads business, according to City analysts.
Britain’s biggest food manufacturer is “still in a sticky situation” after selling its sweet spreads and jellies business to US multi-national Hain Celestial for £200M, according to a leading City analyst.
New Covent Garden soup owner the Hain Celestial Group is to grow soup sales in the UK, Ireland and the US after its acquisition of Irish chilled soup specialist Cully & Sully.
Hain Celestial will switch production from recently-acquired food-to-go firm Churchill Food Products from Nottingham to its larger facility in Luton, but insisted that staff would be “actively encouraged” to move to Luton “if they are able to do so”.
Hain Celestial has switched production from its Daily Bread sandwich plant in London to its larger factory in Luton in a bid to secure the future of...
