Convenience food manufacturer Greencore has revealed sales growth of 56.5% over the past year to £2.3bn in its full-year results, boosted by a rise in US sales following the acquisition of US firm Peacock Foods at the end of last year.
The US and the UK are currently in “the dating phase” over agreeing a trade deal, which should not take long, US agriculture secretary Sonny Perdue has exclusively told the Food Manufacture Group.
Exporting food free from genetic-modification (GM) to the US is a big opportunity for UK food manufacturers, according to Northern Ireland-based prepared vegetable supplier Mash Direct.
Greencore has revealed plans to acquire the US convenience food manufacturer Peacock Foods, which is valued at £594.3M ($747.5M) and has revenues of $1bn, alongside full-year results today (November 14).
Category commoditisation destroys value, yet in many grocery categories, the dynamic seems entrenched and value chain participants are either perplexed or defeatist. But some manufacturers and retailers in the frozen ready meals category (FRM) are working...
Mars Food will expand its Norfolk King’s Lynn facility in a multi-million pound investment plan, following a £1.1bn trade partnership deal between the UK and the US.
Greencore’s plans to grow its ‘food-to-go’ sales in the US to a business worth between $0.5M and $1bn over the next five years are on track, according to its ceo Patrick Coveney.
Greencore’s full-year results reveal both the resilience of the convenience foods sector, after the horsemeat scandal, and the potential for earnings per share growth next year, according to City analyst Panmure Gordon.
US researchers claim to have developed a way to modify stainless steel surfaces that dramatically reduces fouling during food processing and improves efficiency.
The calorific value of almonds is 20% less than previously thought, leading to gross overestimations of their energy value, according to new US research published in the American Journal of Clinical Nutrition (AJCN).
Chilled food manufacturer Greencore’s US business is “off the critical list” after its acquisition today (June 27) of US sandwich and sushi manufacturer HC Schau & Son, according to City analyst Investec Securities.
Trendy parents-to-be could open a new niche market for British bakers by commissioning cakes for so-called gender reveal parties, held to reveal the sex of their unborn baby to family and friends.
Anglo-Irish chilled foods manufacturer Greencore faces a tough challenge in the US convenience foods market, according to city analysts, after the firm announced the purchase of Arizona-based food-to-go firm Marketfare yesterday (April 17).
A closure system that combines a foil laminate membrane with injection-moulded plastics overcomes many of the operational challenges to do with plastic-on-plastic seal integrity, according to the manufacturer.
Industry representatives have dismissed media reports that fish oil imports from China threaten the health of US consumers while acknowledging the need for some Chinese producers to improve quality.
The US represents a vast, largely untapped playground for manufacturers of prebiotic fibres and probiotics, according to global ingredients firm Beneo.
Flour prices could head further north this summer, driven by a combination of lower-than-anticipated corn planting in the US, reduced wheat production forecasts in Russia and Canada and lower yields in Europe, Premier Foods is predicting.
The burgeoning growth in biofuels production around the world has prompted a debate on the economics, and ethics, of turning over agricultural land to non-food uses. Mike Spear reports
Dorset Cereals' fresh approach to breakfast foods has caught the attention of the Home Grown Cereals Authority (HGCA). The group awarded the firm an...
Eating yourself beautiful? It seems an unlikely proposition, and yet one that some big food firms think offers huge potential opportunities. Kathy Watson reports
