Burton’s Biscuit Company plans to invest £15M across its factories to equip it to grow its share of the savoury snacking market, according to the firm’s chief commercial officer Stuart Wilson.
AG Barr’s relocation of carton production from its Tredegar site in Wales to Milton Keynes could result in a net loss of 40 jobs as it closes the Tredegar factory.
Food distribution firm ACS&T has secured £1.1M profit growth for the year ending December 31 2013, attributing this to its commitment to customer service, investment and increased staff training.
Convenience food manufacturer Greencore’s latest financial results have impressed the City – with group revenue climbing by 8.2% to reach £619.8M – as the firm announced the disposal of its foodservice desserts business.
Bakkavor has invested millions of pounds in four prepared salad facilities, prompted by high demand from customers, according to chief finance officer Peter Gates.
Tulip has invested £2.3M in what it claims is the largest UK facility dedicated to barbecue, slow cooked and pulled meat products at Wednesbury in the Midlands.
Southern-fried chicken giant Kentucky Fried Chicken (KFC) will pump £21M into the opening of 32 new restaurants this year, creating 1,300 new jobs and setting the pace for five years of expansion.
Quorn Foods aims to invest £30M at its Billingham site, creating 400 jobs, it claims, to keep pace with soaring consumer demand for meat-free products.
Euro Foods’ acquisition of Welsh packaging firm Brown Bear Food is the first step to the frozen and fresh food firm’s aim of creating 200 jobs at the Cwmbran site, it claims.
Burton’s Biscuit Company, maker of brands such as Maryland Cookies and Jammie Dodgers, has announced a £14.75M investment in its manufacturing operation to support business growth.
Tesco has posted operating profit down by 6% to £3.3bn and like-for-like sales down by 1.4% in full year results to February 22, due to “challenges in the UK and Europe”.
Cupcakes to flapjacks firm Fabulous Bakin’ Boys (FBB) fell into administration after overspending on equipment and taking its eye off brand investment, according to new md Richard Cooper.
Posh retailer Waitrose is preparing for UK expansion, fuelled by convenience stores in south eastern England and new sales in northern England, Scotland and Northern Ireland.
The food industry’s big players are seeking to acquire smaller ingredients firms in a bid to capitalise on high-growth sectors of the market, according to a mergers and acquisitions (M&A) report from Catalyst Corporate Finance.
British Bakels has won the coveted title Great British Bounce Back champion, in a competition organised by Foodex to mark the achievement of food and drink manufacturers who are recovering from recession and investing in the future of their businesses.
2 Sisters' multi-million pound factory investment in its Cavaghan & Gray factory will help to restore investment to the business, which had fallen to seriously low levels in recent years, said a leading analyst.
Chancellor George Osborne’s Budget has been greeted mainly with bouquets, as business leaders praised action on energy prices and exports, while some expressed disappointment about his failure to cut fuel duty.
Britain’s dairy processors have failed to invest enough to meet home demand and grow exports, according to the chief executive of Müller-Wiseman Dairies.
Thorntons aims to pump £10M each year for the next three years into expanding capacity in its biggest capital investment in 25 years, it confirmed in a conference call.
Posh ready meal manufacturer Charlie Bigham’s is to invest £2.5M in production equipment over the coming year amid aims to increase capacity and improve efficiency and food quality.
United Biscuits' (UB's) investment in Nigeria's A&P Foods has catapulted the business to its target for international sales to represent 20% of its business three years early.
Steve Adams is a sensation at Coca-Cola Enterprises (CCE). A former electrical apprentice, he rose to become CCE group director of supply chain operations for Great Britain in April last year, following a four-year stint as operations director at the...
Fletchers Group of Bakeries has secured an extra £4.5M to target business growth and production development in a five-year £22M refinancing deal with ABN Amro.
Cake and bread bakery goods manufacturer Finsbury Food Group predicts profit will be in line with market expectations in the first half of its current financial year, ended December 28 2013.
Online grocery distribution business Ocado will not deliver cash flow growth in the short term, according to City analyst Shore Capital, after the online grocery distribution business released its results for the 16 weeks to December 1 2013.
Premier Foods is to invest £20M in building a new production and packing line – capable of making 300M Mr Kipling cake slices a year – at its plant near Barnsley.
Sainsbury’s third quarter results for the 14 weeks to January 4 2014 were greeted with relief by City analysts, as the supermarket’s boss Justin King pledged to stay at the helm – at least for the short to medium term.
Warburtons is planning to create 60 jobs by building a £20M bakery dedicated to its Sandwich Alternatives lines next to existing facilities at Billington Road, Burnley, Lancashire.
Tesco has signed a multi-million pound deal with specialist meat packing business Hilton Food Group to boost the supply of packed fresh meat products in the UK from its plant near Huntingdon.
Morrisons has invested more than £31M over 18 months in its Farmers Boy fresh food processing facilities in Bradford, creating 150 jobs, and plans further investment in jobs and production.
Bright Blue Foods, formerly McCambridge Foods’ cake business, is investing millions in its facilities in Poland and Blackburn, having secured new funding and renamed itself, according to ceo Andrew Johnson.
Foodservice firm 3663 aims to invest millions of pounds in infrastructure, including four planned new depots in Wakefield; Hoddesdon; Bicester and Chepstow.
Mergers and acquisitions (M&A) activity in the UK’s food and drink manufacturing sector is set to rise in 2014 as business confidence rises, according to leading UK business and financial advisory firm Grant Thornton.
Bakery firm GH Sheldon Family Bakers has invested £730,000 into the business in order to meet growing demand for its range of products, creating 40 jobs in the past year.
UK packaging industry shows are striking a difficult balance between staying compact and cost-efficient for exhibitors while working harder to attract ever more elusive visitors.
Investcorp has bought crisp firm Tyrrells today (August 1) for £100M in what represents a rare foray into the food and drink manufacturing sector for the self-styled alternative investment company.
North Yorkshire-based pork supplier the Karro Food Group plans to step up investment in the UK and abroad, after agreeing a new £60M funding package with finance firm GE Capital.
Baker Finsbury Food Group has appointed Raymond Duignan as a non-executive director following the retirement of Ian Farnsworth after 15 years as group non-executive director.
The cold spring and problems in emerging markets are likely to put a chill on Unilever’s second-quarter and half-year results, predicts City analyst Investec.
Fruit processor Fourayes is investing £1.3M in the latest food production technology to meet a 70% rise in demand for its jams and aseptic purées over the past six months.
