£60M acquisition of chilled food distributor NFT
Chilled food distributor NFT has been snapped up by private equity investor EmergeVest in a deal valuing the business at more than £60M.
Chilled food distributor NFT has been snapped up by private equity investor EmergeVest in a deal valuing the business at more than £60M.
A starring performance by clothes retailer Primark and strong growth in grocery helped Associated British Foods (ABF) lift its half-year group profits by £7M to £463M, despite a slump in its sugar business due to lower prices.
Consumer choice has been tainted by too few brands dominating the crisp category, the founder of a new crisp brand has claimed.
The growing popularity of fortified and functional foods – in preference to nutritional supplements – was identified as the top of 10 US functional food trends, according to the Chicago-based Institute of Food Technologists (IFT).
PG Tips has opened an official Instagram account spearheaded by Monkey in a bid to attract younger female fans to the brand.