Chilled food manufacturer Greencore has again denied claims that it had breached employment law, as members of the union Unite flew to Dublin today (August 30) to lobby ceo Patrick Coveney.
Chilled food manufacturer Greencore’s acquisition of International Cuisine Limited (ICL) is positive for the group and for the wider convenience food market, according to City analysts.
Chilled food manufacturer Greencore has acquired the own-label chilled ready meal business International Cuisine Limited (ICL) from the Hain Daniels Group in the UK for an undisclosed sum.
Chilled own-label food company Bakkavör runs “a tight ship”, according to Julian Wild, food group director at legal firm Rollits, after the firm released half-year results for the 26 weeks to June 30.
Industrial gases and engineering business BOC is trialling an environmentally friendly cryogenic alternative to diesel-powered mechanical refrigeration.
Carlisle City Council has called for a “reasonable settlement” between staff at Cavaghan & Gray and its parent company 2 Sisters in the row over proposed changes to working conditions.
Food Partners is to invest in automation at its sandwich factory in north London. This "intelligent option" retains the flexibility of its operations, according to its factory manager Wes Jenkins.
Growth of 6% in the value of retail chilled and frozen food sales, though partly explained by price inflation, can also be accounted for by an increasingly segmented offering in many product areas, say sector organisations.
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.
Greencore’s sale of its Minsterley desserts business to Müller Dairy will allow the chilled food manufacturer to focus on developing its relationships with key customers such as Marks & Spencer, said city analyst Shore Capital.
“White elephant”, “millstone” and “problem child”: Just three of the images analysts have used to describe Greencore’s troubled desserts facility in Minsterley, which has been sold to Müller Dairy for £4.3M.
Speculation has emerged over the past month that chilled own-label food manufacturer Bakkavör could be the subject of a takeover bid following its troubled recent history
Anglo Irish convenience food manufacturer Greencore sees “huge potential for expansion” in the US chilled food market, according to its chief financial officer Alan Williams.
Own-label, fresh prepared foods firm Bakkavör is to launch an ethnic foods range “very soon”, according to the management statement accompanying its results for the quarter ended March 31.
The two Icelandic food entrepreneurs who founded the own-label food manufacturing business Bakkavör could acquire up to a quarter of the group’s shares, following financial restructuring talks.
Food manufacturer Jane McEvoy – fired by Lord Alan Sugar from his TV show The Apprentice last month – has bounced back by launching a range of organic, allergen-free, fresh baby and toddler soups.
New Covent Garden soup owner the Hain Celestial Group is to grow soup sales in the UK, Ireland and the US after its acquisition of Irish chilled soup specialist Cully & Sully.
KitKat maker Nestlé has beaten rival manufacturer Danone in the takeover battle for baby-food business Pfizer Nutrition after agreeing an offer of £7.35bn ($11.85bn) for the firm.
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).
Sandwich manufacturer Solway Foods, part of 2 Sisters Food Group, has been found guilty of constructive dismissal and disability discrimination when a worker was forced to resign after falling at the firm’s Northamptonshire factory.
Food manufacturers are being warned of a possible food fraud surrounding the production of imported basmati rice which could be intentionally contaminated with Genetically Modified Organisms (GMOs).
Premier Foods, Dairy Crest and Britvic are among a growing number of food and drink manufacturers under increasing financial pressure as a result of a struggling retail market, according to a new report.
A total of nearly £3.5M was paid to Premier Food’s executives last year, with new md Michael Clarke receiving a golden hello payment of £1.94M upon joining the firm eight months ago.
Premier Foods’ all-important Power Brand plan has been questioned by city analysts who expressed concern over the strength of some of the firm’s core brands.
Government-funded support network Interface – Food and Drink will offer Scottish food and drink manufacturers nearly £20M over the next five years for research and development.
Pooles Pies could reach £100M in sales within the next five to 10 years, according to Neil Court-Johnston, the new owner and chief executive and former Holland’s Pies boss.
The acquisition of up-for-sale Ragu manufacturer Symington’s could be the key to unlocking the success of Premier Food’s non-core brands, according to city analysts, after reports of private equity interest in the businesses.
Sector Skills council Improve has urged the government to “remove the shackles” from the food industry, which are currently preventing many firms from targeting a younger generation of workers to the sector.
Dwindling global resources will force food manufacturers to radically change the way they do business in the next few years, according to Gavin Neath, Unilever’s senior vice president of sustainability.
Be passionate, stay focused and write a tight business plan, was the advice on building a successful food brand from Dragons' Den entrepreneur Levi Roots, delivered at the Foodex 2012 event, near Birmingham on March 25.
Food and drink manufacturers have urged Chancellor George Osborne to change government policy on energy and emissions or risk contributing to industry price rises of up to 40%.
Tumbling bread sales in the UK and an over aggressive acquisition strategy from previous management has significantly contributed to Premier Foods’ share price plummeting more than 90% since its purchase of Hovis in 2005.
The soaring share price of chilled foods manufacturer Greencore is proof that its recent decision to switch to the London Stock Exchange was beginning to bear fruit, according to city analysts.
Premier Foods still has “a long way to go” following its key re-financing deal, according to city analysts, after the firm revealed a 29% fall in trading profit last year.
Premier Foods has confirmed that it has secured a new four-and-half-year re-financing package with its lenders that will allow the firm to continue its recovery after a troubled 2011.