Food and drink manufacturing news: Food Manufacture
WEBFood manufacturing & processing news and information. From the market-leading website for the UK’s food and drink manufacturing industry.
Troy Foods acquired by Fylde, Fresh & Fabulous - food manufacture
WEBDec 1, 2022 · The acquisition of Devro implied an enterprise value of £667m, equivalent to a multiple of 10.9 times enterprise value to earnings before interest, tax and amortisation for the 52 weeks ended 30 ...
Pilgrim’s Pride pays £704m for Kerry Group’s meats and meals
WEBJun 18, 2021 · Kerry Group has reached agreement to sell its meats and meals business in the UK and Ireland to Pilgrim’s Pride for £704m. Kerry’s meat arm manufactures branded and private label meats, meat ...
Top ten UK biscuit brands named as 2020 sales near £3bn
WEBMar 25, 2021 · Biscuits enjoyed a ‘bumper year’ in 2020, with sales up 7.2% on 2019’s figure to reach £2.96bn, fuelled by demand for traditional biscuit barrels according to an industry report.
Europe's largest plant-based factory to open in UK - food …
WEBDec 9, 2020 · Plant & Bean said the 26.3 hectare, 263,000 m 2 facility would enable efficient product manufacture and distribution across Europe, helping brands to meet fast-growing demand for plant-based meat. ...
Sodexo sells NHS supplier Tillery Valley Foods to Joubere
WEBAug 9, 2021 · Photographer: Matthew Horwood. Joubere Food Group has acquired healthcare catering company Tillery Valley Foods, which supplies prepared meals to the NHS, from hospitality business Sodexo. Founded ...
Britain’s top private food and drink companies - food manufacture
WEBJul 1, 2014 · Brakes is Britain’s top private food and drink business, with annual sales of more than £3bn and profits of £140M, according to The Top Track 100 compiled by The Sunday Times.
Meat processor acquires Mediterranean food firm - food …
WEBJul 29, 2019 · Meat processor Cranswick has acquired London-based Mediterranean food producer Katsouris Brothers in a deal worth £43.5m. The announcement was included in the company’s first quarter 2019 ...
Newly Weds Foods to be acquired in £3.3bn deal - food …
WEBOct 23, 2023 · Newly Weds Foods confirmed to Food Manufacture that a deal has been agreed upon with the private equity firm, a sale that Reuters reports is worth approximately $4bn (£3.3bn).
Cargill and Faccenda unveil Avara Foods joint venture - food …
WEBJan 31, 2018 · The newly-created poultry joint venture between Cargill and Faccenda has been unveiled as Avara Foods. Cleared by the Competition and Markets Authority in December, Avara Foods will be a 50:50 ...