Archives for March 11, 2015

← 2015

Ocado to grow ahead of online grocery market

By Michael Stones

Online retailer Ocado will continue to grow ahead of the online grocery market, predicted its boss Tim Steiner, as it posted group sales up by 19.2% for the 12 weeks to February 22.

Adelie Foods snapped up by HIG Capital

By Rod Addy

HIG Capital has agreed to acquire Adelie Foods in a deal that sees it take over a majority share in the chilled food-to-go business, owner of Food Partners.

Aldi and Waitrose top list of fastest growing retailers

By Michael Stones

Discounter Aldi and posh supermarket Waitrose have topped a new list of the UK’s top 20 fastest growing retailers, supplying further evidence of the increasing polarisation of the grocery market.

Findus snaps up Spanish ready meal firm

By Laurence Gibbons

The Findus Group has snapped up Spanish frozen ready meal firm La Cocinera from Nestlé Spain for an undisclosed sum, following approval from the Spanish competition authorities.

£2M invested in new high pressure juice processing site

By Linda Groves

A first time fresh juice producer has pumped £2M into a new cold press and high pressure processing (HPP) juicing facility in Shropshire and has secured a contract with upmarket supermarket chain Booths. 

Prepare for pre-recession spend – top economist

By Nicholas Robinson

Food manufacturers should prepare for a positive three years ahead, as the changing economy prompts consumers to spend at pre-recession levels, a leading economist has said. 

Lean processors better placed in the price war

By Nicholas Robinson

The supermarket price war hasn’t been as bad for food manufacturers as some think and has instead provided a boost for many firms, according to business experts.

Tesco stirs again as incomes rise, says expert

By Rod Addy

Tesco is reawakening as incomes rise and volume sales start to rise in the UK grocery market, according to Clive Black, director and head of research at Shore Capital.