Fish processor Iceland Seafood International (ISI) has agreed to sell its UK business to Danish value-added manufacturer Espersen A/S for an undisclosed sum.
A technical and commercial support project aimed at the Welsh food and drink industry has delivered more than £350m in impact since its launch in 2016.
Leading exporter of British cheese, Somerdale International, has become part of the Barber’s Group (A.J. and R.G. Barber Limited) for an undisclosed sum.
County Down-based Finnebrogue has announced a £2.8m investment in its plant-based food factory to fuel further growth and improve its environmental impact.
Ecoveritas has described the delay to roll-out Extended Producer Responsibility (EPR), as a “bittersweet” move, whilst OPRL warns companies “not to rest on their laurels”.
Plant-based ingredients producer Freshcut has sold a majority stake in its business to independent investment firm Flywheel Partners for an undisclosed amount.
EU and national governments have committed £406m (€477 million) to the development of alternative proteins, new Good Food Institute (GFI) figures have revealed.
Volatility in the food and drink market is easing, but long-term uncertainty will continue to plague producers holding back innovation and productivity, according to the Food and Drink Federation’s (FDF) latest State of Industry report for Q1 2023.
Port Royal Patties has gone green by installing solar panels across the roof of its Wembley warehouse, thanks to a five-figure funding package from HSBC UK.
Lurgan, Northern Ireland-based Classic Mineral Water invests £3.4m in developing a third bottling line as it extends its reach into the own-label market and creates 16 new jobs.
Financial institutions could cut 60% of global food system emissions by 2030 by following six priority actions to help guide investment in the industry, according to a new report from financial think tank Planet Tracker.
Pet food brand Scrumbles has secured a £6m cash injection from investment firm BGF to help support the expansion of its senior team and growth of tuis omni-channel business model.
Bethan Grylls investigates the instability of the UK’s food system, where the responsibility lies to incite change, and the debate of food price vs production price in this in-depth article.
Toast Ale, the brewery that recycles waste bread into beer, has secured £2m from high-profile investors to help scale its sustainability projects and environmental impact.
Manufacturers are set to ramp up investment to boost skills and achieve net zero goals, but concerns remain that plans to increase Corporation Tax will make the UK a less attractive destination for foreign investment.
Drinks firm Dash has completed a £7m funding round as it announces the appointment of current St Pierre Group chief executive David Milner as its new chairman.
Plant-based snack manufacturer NutreeLife has tripled production and boosted staff numbers with help of a hire purchase agreement from Siemens Financial Services (SFS).
Welsh manufacturer Abergavenny Fine Foods has secured a seven-figure finance package from HSBC UK to help extend its reach into vegan food, reach £40m in sales within three years and protect jobs.
Princes has opened a dedicated pea plant in Lincolnshire, representing the completion of phase one of an £80m investment programme at its Long Sutton production site.
Meat alternative food manufacturer Quorn Foods has invested £7m in a new global innovation centre in the north east of England, as it posts £112m in like-for-like sales in its 2018 half-year results.
