Premier Foods launches Hovis partnership with Gores Group
Premier Foods has launched a £87.5M joint venture with the US-based Gores Group to run its troubled Hovis bread and flour business.
Archives for January 27, 2014
2 Sisters Corby recovers after food safety scare
2 Sisters Food Group’s Corby facility has returned to full production after a food safety scare hit the factory a week ago.
Profit up 50% for Faccenda Group
Poultry processor Faccenda Group has posted strong growth in pre-tax profit and sales for the third year running.
Meat processor Karro exits price system after Cranswick
Karro Food Group has abandoned the voluntary Dead Weight Average Pig Price (DAPP) sample, dealing another major blow to the scheme following Cranswick’s shock withdrawal last week.
Mixed reaction to Premier Foods’ Hovis partnership with Gores
Premier Foods’ £87.5M joint venture with the US-based Gores Group has drawn a mixed reception from leading City analysts, as the manufacturer confirmed trading profit for the year ended December 31 would be in line with market expectations.