Workers at sweet manufacturer Tangerine’s York factory began their four-day strike yesterday (November 8), after final pay negotiations between employer and employees broke down on Monday afternoon (November 7).
Workers at confectionery maker Tangerine have planned a four-day strike, beginning on November 8, over a pay rise dispute and what are claimed to be poor working conditions, according to the GMB union.
Far Eastern firms’ appetite for UK food brands seems to be sharpening, with Birds Eye, which is owned by Iglo Foods, apparently the latest acquisition target.
US private equity firm Blackstone Group has bought a majority stake in Blackpool-based Tangerine Confectionery, FoodManufacture.co.uk understands, while management has also reinvested in the firm.
Greencore is under pressure to table a viable counter-bid by March 2 to beat Ranjit Boparan in the struggle to takeover Northern Foods, but still has advantages on its side if it does do so, says one City analyst.