Premier

Premier's new partnership with Nissin will boost sales, said the firm

Premier Foods formalises deal with Nissin

By Rick Pendrous

Premier Foods and Nissin Foods Holdings Company have entered into a relationship agreement on terms and conditions, following the announcement by US spices firm McCormick that it was withdrawing its takeover bid for Premier last month.

Premier Foods has fended off a hostile takeover bid from McCormick & Company

Premier Foods fends off hostile takeover bid

By Michael Stones

Premier Foods has fended off a hostile takeover bid from McCormick & Company – because it “significantly undervalues [the manufacturer’s] growth prospects” – and agreed a partnership with Nissin Foods Holdings.

Darby: 'We need to make sure we have the right skills and abilities to drive online'

Premier Foods boss develops c-store, online sales

By Rod Addy

C-stores and online retailers offer Premier Foods considerable growth potential and the maker of Mr Kipling cakes is working on bespoke products for those channels, according to ceo Gavin Darby.

Sources and analysts say Premier wants £100M for its Hovis business

Three buyers in the running for Premier’s Hovis bakery

By Rick Pendrous

Premier Foods’ plans to sell its troubled Hovis plant bakery business should become clearer over the coming months, as news emerged towards the end of last year that a shortlist of three candidates were interested in buying or investing in the business.

Premier Foods could be forced to settle for a joint venture partner for its troubled bread business

Premier Foods ‘may be forced into Hovis joint venture’

By Rick Pendrous

Premier Foods may have to settle for a joint venture (jv) partner for its troubled Hovis bread business if it fails to secure an outright buyer, as it tries to reduce its mountain of debt and avoid the prospects breaching banking covenants.

Rumours suggest Premier Foods might sell Hovis: one of its power brands

Mixed blessings as Hovis strike ends

By Rick Pendrous

Premier Foods’ senior management must have had mixed feelings following the agreement reached with the Bakers, Food and & Allied Workers Union (BFAWU) towards the end of last month.

Less of a pickle: Premier's sale of its Branston sweet pickles business will help to reduce the firm's debt mountain

Premier Foods scales debt mountain with £92.5M Mizkan sale

By Mike Stones

Food manufacturer Premier Foods moved closer to reducing its debt mountain today (October 30) with the confirmation of a conditional agreement to sell its sweet pickles and table sauces business to Mizkan for £92.5M in cash.

Premier Foods' boss Michael Clarke faces a major debt challenge

2013 is the last chance saloon for Premier Foods

By Rick Pendrous

The coming year looks set to be a pivotal one for Premier Foods. City analysts suggest that the UK's largest food producer would need to have turned around its fortunes by 2014 or risk breaching its financial covenants.

Clarke: 'Plans to simplify the business and drive further efficiency and effectiveness are proceeding ahead of plan'

Premier Foods ahead of target to save £40M

By Rick Pendrous

Britain’s biggest food manufacturer Premier Foods expects to achieve efficiency savings of £40M earlier than expected as a result of its restructuring plans, it emerged in its half-year results released today.

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