Investment

Quorn Foods revealed plans to create more than 300 jobs in Teesside

Quorn’s £150M investment to create 300+ jobs

By Matt Atherton

Quorn Foods has invested £150M in its Billingham factory, creating more than 300 jobs over the next five years, the meat alternative manufacturer revealed on July 24.

Exports were one of the top growth opportunities for food and drink manufacturers

Food manufacturing opportunities revealed in EEF plan

By Matt Atherton

Food and drink manufacturers could increase growth by exporting to emerging markets, and by investing in innovation, according to a sector bulletin by EEF, the manufacturers’ organisation, and Santander.

Star Feast Foods has invested £200k in its London operation. Steve Money (left) and Mohammed Khan (right)

Seafood firm in £200k London investment

By Gwen Ridler

Seafood supplier Star Feast Foods has invested £200,000 in its London operations, as it expands its trade and wholesale offering in the capital.

Real Good Food to invest £15.5M in its cake decorating and bakery subsidiaries

Real Good Food makes £15.5M investment

By Gwen Ridler

Baking ingredients supplier Real Good Food (RGF) is investing £15.5M to expand two of its subsidiaries in Liverpool and Wiltshire, after securing funds from a private investor.

Sainsbury's food division remains resilient, said group chief executive Mike Coupe

Sainsbury’s food is ‘resilient’ as profits fall

By Matt Atherton

Sainsbury’s food business remains resilient in a difficult market, the supermarket says, as the group’s full-year profits before tax fell 8.2% to £503M in the 12 months to March 11.

Polman: Unilever is to offload its spreads business and combine its food and beverages units

Unilever to put Spreads business up for sale

By Rick Pendrous

Unilever is to sell off or demerge its Spreads business and combine its Foods and Refreshment activities into one organisation based in the Netherlands, as a result of a structural review just completed.

Weetabix has revealed plans to invest £30M in its Northamptonshire factories

Weetabix invests £30M but warns of price rises

By Matt Atherton

Weetabix will invest £30M in its Northamptonshire factories to expand its UK and international brands, the company’s chief executive revealed, but also warned of price rises as the pound’s value falls.

Moy Park said 70 jobs were created from the £4M investment at its Ashbourne factory

Moy Park created 70 jobs from £4M investment

By Matt Atherton

Poultry processor Moy Park has confirmed 70 jobs were created from the completed £4M investment at its Ashbourne factory, which can now process more than 1M chickens every week.

Andy Underwood (left) with Alastair Macphie

Foodservice leads Macphie’s sales growth

By Rick Pendrous

Scottish bakery ingredients supplier Macphie has reported a 7% rise in sales to £47.6M in its financial results for the year to March 2016 released today (December 23).

Crisp entrepreneur Emily Wong was delighted to win the investment that will help her business grow

Emily Crisps wins investment for growth

By Rick Pendrous

Healthy snack brand Emily Crisps, which manufactures fruit and vegetable crisps, has sold a stake in its business to private equity firm Inverleith and investor club Hothouse Brands, in a move that will expand its range, marketing and distribution in...

Real Good Food posts sales growth despite a volatile market

Real Good Food sales grow despite volatile market

By Gwen Ridler

Real Good Food’s sales grew by 5% to £49M in the six months to September 30 2016, driven by the performance of its premium bakery division, the company revealed in its interim report.

Chancellor Philip Hammond announced the Autumn Statement on November 23

Manufacturers praise ‘pragmatic’ Autumn Statement

By Matt Atherton

Manufacturing organisations welcomed chancellor Philip Hammond’s first and last “pragmatic” Autumn Statement this week (November 23), but insisted that work still needs to be done to cut business rates.

'How can we get more kids into engineering?' asks Neutronic Technologies

Food sector needs more engineers urgently

By Rick Pendrous

Growing engineering skills shortages in UK food and drink manufacturing are threatening the ability of the sector to adapt to the ‘brave new world’ post the Brexit vote, industry experts have warned.

Bernard Matthews: unsecured creditors include £1.38M owed to the government

Bernard Matthews deal: potential supplier losses grow to £39M

By Noli Dinkovski

Bernard Matthews’ unsecured creditors amount to a combined total of £39M – and could increase yet further – in the wake of the pre-pack administration takeover by 2 Sisters boss Ranjit Boparan, according to a Work and Pensions Committee briefing published...

Vegetarian Express gains £6M investment

Vegetarian Express £5.6M deal to open delivery routes

By Matt Atherton

Plant-based foods supplier Vegetarian Express has appointed a former-Premier Foods chief operating officer (coo) Tim Kelly as its new chief executive, after a funding management company bought a controlling interest in the company for £5.6M.

Bernard Matthews jobs confirmed to be secure

2,000 Bernard Matthews jobs confirmed safe

By Matt Atherton

The new owner of Bernard Matthews – Boparan Private Office – confirmed to Unite the union that the jobs of its 2,000 workers are safe, following the takeover of the turkey business on September 20.

George Eustice visited Premier Foods's Ambrosia site

George Eustice visits renewed Ambrosia site

By Matt Atherton

Food and farming minister George Eustice visited Premier Foods’s Ambrosia Creamery in Devon on August 10, after the manufacturer invested more than £12M to refurbish the factory.

Cranswick has launched a new food-to-go brand called ‘Munch’

Cranswick launches new food-to-go brand

By Rick Pendrous

Cranswick Food has launched a brand new ‘food-to-go’ brand called ‘Munch’ in partnership with WHSmith and Fresh to Store, the new owner of KerryFresh, as part of a strategic development plan for the meat processor.

Sausage casing manufacturer Kalle sold to investors for £390M

£390M sale of sausage casing manufacturer

By Gwen Ridler

Sausage casings manufacturer Kalle has been sold to private equity firm Clayton, Dubilier & Rice (CD&R), with a sale price understood to be for £350M to £390M.

Potts: now owns 1,002,881 shares following the latest purchase

Morrisons boss puts money where his mouth is

By Noli Dinkovski

Morrisons ceo David Potts has demonstrated his confidence in turning around the fortunes of the retailer by investing a further £360,000 in shares.

Linpac's investment will help the business produce an extra 200M trays

Linpac invests £1.2M in food packaging kit

By Michael Stones

Fresh food packaging manufacturer Linpac plans to invest £1.2M in machinery that will enable the firm to produce a further 200M expanded polystyrene (EPS) trays each year at its St Helens site.

Manufacturers are to target exports and productivity gains, according to a new report

Manufacturers to target export markets

By Michelle Perrett

Manufacturers are looking to invest in exports, while improving efficiency and productivity, the latest Attitudes to Business Survey from financial provider Lombard has revealed.

A containerised CHP installation, which is typically used in food factories (courtesy of Clarke Energy)

CHP finds favour in chilled operations

By Rick Pendrous

Manufacturers with a requirement to chill food should be looking at using combined heat and power (CHP) units to meet their needs now that the technology has improved and the economics are more favourable, a provider of ‘build, own and operate’ systems...

Robots can be reprogrammed for different applications

From automation to optimisation

By Paul Gander

Automation offers the opportunity to integrate control with background data, as Paul Gander discovers

The Thuillier brothers have secured crowd funding for their Oppo ice cream business

Andy Murray invests in Dragons’ Den reject

By Laurence Gibbons

Tennis ace Andy Murray has helped Dragons’ Den reject ice cream manufacturer Oppo secure more than £300,000 of crowd funding by investing in the ‘guilt-free’ ice cream brand.