McCormick’s £62.5M Italian spice acquisition
McCormick & Company has bought Italian spices business Drogheria & Alimentari (D&A) for €85M (£62.5M) in a deal it claims will boost the portfolio it offers retailers and manufacturers.
Archives for February 23, 2015
Discounters dent Fairtrade sales
Rapid growth of the discounters has dented Fairtrade sales, new figures from the foundation have shown.
Dairy Crisis
Scottish committee ‘horrified’ by dairy abuse claims
Milk suppliers have complained of retailer abuse to Groceries Code Adjudicator Christine Tacon, according to a letter sent to Scotland’s rural affairs, food and environment secretary Richard Lochhead.
£5M investment boosts pâté production
Castle MacLellan has pumped £5M into its Kirkcudbright, Dumfries & Galloway pâté manufacturing facility, securing current jobs and creating the potential for new roles in the future.
New food innovation conference launched
Tactical insight into the food and drink industry of tomorrow is the aim of a new one-day conference exploring how businesses can harness innovation to benefit their bottom line.
340 jobs at risk in Produce World shake-up
Produce World Group plans to close two factories, threatening up to 340 jobs, although consolidation elsewhere looks set to create other posts.
Up to 445 Bakkavor jobs face axe
Bakkavor’s Yorkshire Fresh Fruit business faces closure after losing a major contract with supermarket chain Asda.
Kingsmill profits will be down – ABF
Intense competition in the UK bakery market will hit Kingsmill’s profits this year, according to the brand’s owner Associated British Foods (ABF).