Inside food & drink manufacturing
Poundland could ditch its £55M deal to take over 99p Stores, after the Competition & Markets Authority (CMA) pledged to fully investigate the acquisition unless it received assurances that shoppers would not lose out, according to City analyst Shore Capital.
Meat processor Cranswick reported boosted annual sales following its acquisition of cooked poultry business Benson Park, based in Hull, North Humberside.
Food and drink manufacturers must ensure their products continue to meet the needs of retailers and consumers or they risk a Kingsmill-style delisting, according to category management specialist Bridgethorne.
Rising energy policy costs are preventing a whopping three quarters of food and drink manufacturers from investing in their businesses, according to research from energy firm npower.
Posh chocolate manufacturer and retailer Hotel Chocolat has withdrawn its ‘Milk Free Milk’ chocolates due to fears they may contain traces of milk, which were not mentioned on the product label.
Anuga FoodTec 2015
A plasma project to kill germs on fresh vegetables is poised to start trials suitable for commercial applications later this month, according to a leading researcher on the programme.
Poundland’s plan to buy 99p Stores faces a full investigation by the Competition & Markets Authority (CMA), unless the retailer can offer assurances that shoppers won’t be disadvantaged by the deal.
Food and drink manufacturers should use emotions to connect their brands with a growing community of consumers on social media site Instagram, according to the site’s boss.
A coffee roaster has invested £2.5M to boost capacity at its Dartford facility in Kent.
General Mills UK, Ireland & Nordic has appointed Markus Muehleisen as its vice president md.