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Leamington Desserts future rests on knife edge

Leamington Desserts future rests on knife edge

By Ben Bouckley and Elaine Watson

Fears are growing over Leamington Desserts' future as a going concern, after administrator KPMG failed to find a buyer for the firm before last night's sale deadline, although it remains in talks with one interested party.

Provexis bemoans lack of functional food acquisitions

Provexis bemoans lack of functional food acquisitions

By Ben Bouckley

Windsor-based functional and medical food firm Provexis is actively seeking to acquire technology firms in the sector, with ceo Stephen Moon stating that its lack of purchases over the past six months has been “disappointing”.

GSK flexes muscles with Maxinutrition buyout

GSK flexes muscles with Maxinutrition buyout

By Ben Bouckley

GlaxoSmithKline (GSK) has bought UK functional food firm Maxinutrition for around £162m, to secure a presence in the protein-based sports nutrition market.

City: Premier Foods is going ‘absolutely nowhere’

City: Premier Foods is going ‘absolutely nowhere’

By Elaine Watson

Premier Foods will need to turn things around pretty quickly over the coming months or patience in its chief executive could run out, City analysts and corporate finance sources have warned.

Dairy top performer in autumn availability survey

Dairy top performer in autumn availability survey

By Elaine Watson

Dairy was the top performing category in the latest ECR UK on-shelf availability survey, achieving 97.91% availability in an audit at the leading supermarkets conducted during October 14-20 compared with 96.2% in October 2009 and 96.33% in October 2008.

Unite reads riot act to Bakkavör Bourne bosses

Unite reads riot act to Bakkavör Bourne bosses

By Ben Bouckley

Unite has written to management at Bakkavör’s Bourne fresh produce site insisting that better site management could reduce the need for planned redundancies and “savage attacks” on workers’ terms and conditions of employment.

Probiotic health claims: Reasons to be cheerful?

Probiotic health claims: Reasons to be cheerful?

By Rick Pendrous

Last week's meeting between industry stakeholders and the European Food Safety Authority (EFSA) on gut health claims has left Danisco feeling 'slightly more positive', although many firms were left feeling disappointed by the lack of specific...

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