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Royal Unibrew Completes Acquisition of French Lemonade Business

    Royal Unibrew Completes Acquisition of French Lemonade Business

Royal Unibrew, the Denmark-based beverages group, has completed the acquisition of Etablissements Geyer Fréres for an enterprise value of DKr660 million (€88.5 million) financed by bank debt. The acquisition of Etablissements Geyer Fréres will give Royal Unibrew increased access to the French soft drinks market and will further strengthen its export portfolio. Employing about 100 […]

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Private Label Outperforms FMCG Brands in Europe

    Private Label Outperforms FMCG Brands in Europe

Private label continues to grow across Europe and is now outperforming brands in the majority of markets measured by big data and technology expert for consumer FMCG industries, IRI in its analysis of private label performance across eight major Western economies markets (UK, France, Germany, Greece, Italy, Spain, Netherlands and the US) during 2017.
Growing +4% year on […]

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Top 100 Largest Spirits Brands Revealed

    Top 100 Largest Spirits Brands Revealed

The world’s most popular alcoholic drink in 2017 was the South Korean soju brand Jinro, owned by Hite-Jinro, according to the IWSR Real 100, the definitive ranking of the world’s largest spirits brands by volume. Selling almost 76m nine-litre cases, Jinro retains its number one position from last year, and once again by a staggering […]

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Clearance For Arla Foods UK and Yeo Valley Deal

    Clearance For Arla Foods UK and Yeo Valley Deal

The British Competition and Markets Authority (CMA) has cleared Arla Foods UK’s proposed acquisition of Yeo Valley Dairies, a subsidiary of the Yeo Valley Group. The transaction will give the farmer-owned dairy co-operative the rights to use the Yeo Valley brand in milk, butter, spreads and cheese under an intellectual property licence with Yeo Valley.
The […]

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M&A Deals Amongst the World’s Largest Consumer Goods Businesses Reached a 15-year High in 2017

    M&A Deals Amongst the World’s Largest Consumer Goods Businesses Reached a 15-year High in 2017

The number of mergers and acquisition deals among the top 50 consumer goods giants reached a 15-year high in 2017 – a 45% increase from the previous year. This is according to OC&C Strategy Consultants’ annual Global 50 report which, in collaboration with the Grocer, examines the financial performance of the world’s largest consumer goods […]

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Center Parcs Serves Up €5.2 Million in Contracts to Irish Food Companies

    Center Parcs Serves Up €5.2 Million in Contracts to Irish Food Companies

Four of Ireland’s top food companies will benefit from a significant boost to their businesses as Center Parcs announces the awarding of food supplier contracts to its Center Parcs Longford Forest resort – due to open in summer 2019 – worth a combined total of €5.2 million. Center Parcs has awarded the following food supplier contracts:

Dublin […]

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Revenue and Profits Down at Greene King

    Revenue and Profits Down at Greene King

Greene King, the UK brewing and pubs group, has reported a 1.8% drop in revenue to £2.177 billion and a 9.3% fall in operating profit before tax, exceptional and non-underlying items to £373.1 million for the 52 weeks to 29 April 2018. Group profit before tax rose by 6.8% to £197.5 million while group profit […]

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European Commission Publishes a New Agriculture Production and Markets Forecast

    European Commission Publishes a New Agriculture Production and Markets Forecast

The European Commission has published a report presenting a short-term agricultural markets’ outlook. The report covers production, exports and imports and the overall situation of global markets for several sectoral products, including dairy, cereals, oilseeds, pigmeat, poultry and beef. For the first time, the report also covers tomatoes, peaches and nectarines.
Due to adverse weather conditions, cereal […]

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England’s Poorest Areas are Fast Food Hotspots

    England’s Poorest Areas are Fast Food Hotspots

New figures from Public Health England (PHE) reveal England’s poorest areas are fast food hotspots, with 5 times more outlets found in these communities than in the most affluent. The data also suggests fast food outlets – including chip shops, burger bars and pizza places –account for more than a quarter (26%) of all eateries […]

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Carlsberg and Brooklyn Open New Craft Brewery in Lithuania

    Carlsberg and Brooklyn Open New Craft Brewery in Lithuania

After a three year reconstruction project, the Svyturys Brewery has finally opened its doors in the Klaipeda port area in Lithuania. Here, beer enthusiasts can find a modern craft beer line, beer museum, gastrobar and shop, and conference and degustation halls – all under one roof. The project is a joint investment between the Carlsberg […]

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Impressive Nine Awards For Kepak at World Steak Challenge

    Impressive Nine Awards For Kepak at World Steak Challenge

Kepak Group, an Irish company and one of Europe’s leading food innovators, has scooped a whopping nine awards at this year’s prestigious World Steak Challenge. Flying the flag for Ireland, Kepak beat off stiff competition from entrants from large beef-producing nations such as Japan, Brazil and the United States to take home gold and bronze […]

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Nomad Foods Completes €240 Million Acquisition of Aunt Bessie’s

    Nomad Foods Completes €240 Million Acquisition of Aunt Bessie’s

Nomad Foods, the leading frozen foods company in Western Europe, has completed its previously announced acquisition of Aunt Bessie’s from William Jackson & Son for a purchase price of approximately €240 million.
The Aunt Bessie’s brand holds number one and number two market share positions, respectively, within the UK frozen Yorkshire puddings and frozen potatoes, which […]

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Summer Sun Heats Up the Irish Grocery Market

    Summer Sun Heats Up the Irish Grocery Market

The latest grocery market share figures from Kantar Worldpanel, for the 12 weeks ending 17 June 2018, reveal that the soaring temperatures have increased sales of summer grocery favourites by 9% – ahead of the overall market at 2.1%.  This surge in summer essentials, such as sun care products and ice cream, has boosted the Irish […]

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Nestlé and Coca-Cola Reign Supreme in Food and Drink Brand Rankings as China’s Yili Surges

    Nestlé and Coca-Cola Reign Supreme in Food and Drink Brand Rankings as China’s Yili Surges

Nestlé and Coca-Cola have yet again dominated brand rankings in their respective industries, each keeping runners-up at a healthy distance of over US$10 billion, according to a new report by Brand Finance, the world’s leading independent brand valuation and strategy consultancy.
Valued at US$19.4 billion, Nestlé again claimed the title of the world’s most valuable food […]

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Emmi Strengthens its Position in Goats Milk Products

    Emmi Strengthens its Position in Goats Milk Products

Swiss dairy group Emmi is increasing its stake from 75% to 90% in the goat’s and sheep’s milk product trader AVH dairy trade, based in Bergen, the Netherlands. The remaining 10% will continue to be held by the founder of AVH.
Goat’s milk products occupy an increasingly important niche in Emmi’s product portfolio. Emmi has been […]

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Tesco and Carrefour to Create Long-term Strategic Alliance

    Tesco and Carrefour to Create Long-term Strategic Alliance

Tesco and Carrefour have announced their intention to enter into a long-term, strategic alliance. The Alliance will cover the strategic relationship with global suppliers, the joint purchasing of own brand products and goods not for resale. It will be governed by a three-year operational framework.
The Alliance will enable both companies to improve the quality and […]

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ADM Expands Health & Wellness Capabilities

    ADM Expands Health & Wellness Capabilities

Archer Daniels Midland Company (ADM), one of the world’s largest agricultural processors and food ingredient suppliers, is acquiring Probiotics International Limited, a UK-based provider of probiotic supplements for human, pet, and production-animal use. The all-cash transaction will be valued at £185 million, subject to customary adjustments. This addition to ADM’s existing health and wellness capabilities […]

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Third Year of Consistent Growth For Dale Farm

    Third Year of Consistent Growth For Dale Farm

Dale Farm, the largest UK farmer-owned dairy co-operative, has announced significant increases in profit, return on capital employed (ROCE) and turnover as part of its financial results for the year ending March 2018. Group operating profit rose from £9.8 million to £12.1 million, profit before tax increased from £7.9 million to £10.1 million, with an […]

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Profits Slump at Warburtons

    Profits Slump at Warburtons

Warburtons, the British bakery group, has reported a 0.3% drop in turnover to £524.7 million and a 36.7% fall in operating profit to £22.4 million for the year ended 31 September 2017, as rising input costs and a decline in the bread market impacted performance. Profits before tax plunged 40% to £34.6 million. According to […]

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Conagra Brands Acquires Pinnacle Foods in $10.9 Billion Deal

    Conagra Brands Acquires Pinnacle Foods in $10.9 Billion Deal

Conagra Brands, one of North America’s leading branded food companies, is acquiring US-based Pinnacle Foods in a cash and stock transaction valued at approximately $10.9 billion, including outstanding net debt. The transaction will enhance Conagra Brands’ multi-year transformation plan and expand its presence and capabilities in its most strategic categories, including frozen foods and snacks.
With […]

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Nearly 10 Million Cases of Irish Whiskey Sold Globally Last Year

    Nearly 10 Million Cases of Irish Whiskey Sold Globally Last Year

The Irish whiskey industry sold 9.7 million cases of whiskey globally in 2017, a 10.6 percent increase on the previous year, according to figures compiled by International Wine and Spirits Research (IWSR). Irish whiskey remains the world’s fastest-growing spirit category and the 2017 global total exceed interim sales targets set by the Irish Whiskey Association […]

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British Grocery Market Reaches Two-year Growth Milestone

    British Grocery Market Reaches Two-year Growth Milestone

Britain’s grocery sector has now witnessed two years of continuous growth, according to the latest grocery market share figures from Kantar Worldpanel, for the 12 weeks to 17 June 2018. Supermarket sales have risen for 25 consecutive periods and now stand at 2.1% compared with this time last year, with a decline last recorded in […]

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2 Sisters to Expand Capacity at Coupar Angus Plant in Scotland

    2 Sisters to Expand Capacity at Coupar Angus Plant in Scotland

2 Sisters Food Group has announced a major investment into its Scottish Coupar Angus poultry plant following funding from the Government-backed Food Processing Marketing and Co-operation Grant Scheme. More than 250 new jobs will be created as a result and the business can now double the cutting capacity in the portions department.
The move aligns with […]

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Lidl Awards the ‘Big Cheese’ of Supply Contracts to Northern Ireland’s Dale Farm

    Lidl Awards the ‘Big Cheese’ of Supply Contracts to Northern Ireland’s Dale Farm

Lidl, the UK’s fastest-growing supermarket, has awarded Dale Farm, the largest UK farmer-owned dairy co-operative, a lead contract to supply cheddar cheese to its stores across the UK, Europe and the United States. The supply deal represents the single biggest contract awarded by Lidl to a Northern Ireland agri-food company and will see Dale Farm’s […]

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Hain Celestial Announces Leadership Succession Plan

    Hain Celestial Announces Leadership Succession Plan

The Hain Celestial Group, a leading organic and natural products company with operations in North America, Europe, Asia and the Middle East, has outlined a Chief Executive Officer succession plan, whereby, upon the hiring of a new Chief Executive Officer, Irwin D Simon, Founder, President and Chief Executive Officer will become Non-Executive Chairman of the […]

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HKScan to Rationalise Production Operations in Finland

    HKScan to Rationalise Production Operations in Finland

HKScan, the Nordic meat and food group, is planning to rationalise and adjust its production operations in Finland to improve the profitability and competitiveness of the business. HKScan will initiate statutory negotiations covering the company’s production and logistics personnel in the Vantaa, Forssa, Mikkeli, Paimio and Outokumpu units. The co-operation negotiations do not concern the Rauma […]

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New Group CFO at 2 Sisters

    New Group CFO at 2 Sisters

2 Sisters Food Group has announced that Richard Pike, Group CFO, has decided to leave the company to pursue opportunities outside the group following internal changes to the Finance function. As part of the company’s change programme, the business has decided to split responsibility for core financial work and M&A project activity.
Craig Tomkinson.
Craig Tomkinson, currently […]

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This ‘Whey’ to Make Vodka Could Add Value to Creameries

    This ‘Whey’ to Make Vodka Could Add Value to Creameries

As much as 90 percent of the milk that goes into a cheese-making facility comes out as whey, which can be expensive to dispose of in landfills and potentially harmful to the environment. Large companies can turn a nice profit by turning some of that whey into protein powders and other nutrition-enhancing products – but […]

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Record High Number of New UK-based Wine Producers Opening

    Record High Number of New UK-based Wine Producers Opening

The number of new wine producers opening within the UK in a year hit a record high last year with 80 new wine producers starting up – a rise of 25% from 64 in 2016, and more than double the 36 that opened five years ago, according to research by chartered accountants UHY Hacker Young […]

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Mondelēz International Names New Chief Financial Officer

    Mondelēz International Names New Chief Financial Officer

Mondelēz International has announced that Luca Zaramella, Senior Vice President of Corporate Finance and a 20-year veteran of the company, will become EVP, Chief Financial Officer (CFO), effective August 1, 2018. As CFO, Zaramella will be responsible for the oversight of the company’s global Finance, Information and Technology Solutions and shared services functions. He will report directly […]

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Bord Bia’s 2018 Brexit Barometer Results

    Bord Bia’s 2018 Brexit Barometer Results

The Irish Government has launched the Bord Bia 2018 Brexit Barometer, a comprehensive survey of 117 Irish food, drink and horticulture companies, representing 48% of the sector’s exporters to the United Kingdom. Over 100 senior industry representatives attended the launch in Bord Bia to hear the report findings.
The purpose of the Brexit Barometer is to assess […]

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Cargill Invests in Mouscron Facility to Meet Demand For Belgian Chocolate

    Cargill Invests in Mouscron Facility to Meet Demand For Belgian Chocolate

With the rapid rise in consumer demand for premium, high quality Belgian chocolate, Cargill has invested in a new liquid chocolate production line in its Mouscron production facility in Belgium. This investment increases the company’s capacity to produce milk and dark chocolate and creates up to 10 new local jobs.
Cargill’s cocoa and chocolate business will […]

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Heineken Makes Biggest Ever Investment in UK Pub Estate

    Heineken Makes Biggest Ever Investment in UK Pub Estate

Heineken UK is making its largest ever annual investment in Star Pubs & Bars, investing £44 million during 2018. This investment is more than double the figure invested last year (£20 million) and brings Heineken’s total expenditure on pubs to almost £140 millioin over the past five years.Around a quarter of Star’s 2,900 pubs will […]

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New Head For Arla Foods UK

    New Head For Arla Foods UK

Arla Foods, the leading European dairy co-operative, has announced the departure of its UK Managing Director, Tomas Pietrangeli, who is leaving the company to become CEO of Danish retail group Dagrofa. Pietrangeli will be replaced by Ash Amirahmadi, who is currently SVP – Sales for Arla Foods in the UK. Tomas Pietrangeli will leave on 30 June […]

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HKScan Invests in its Kristianstad Plant in Sweden

    HKScan Invests in its Kristianstad Plant in Sweden

HKScan, the Nordic meat and food group, is investing close to €7 million in its Kristianstad plant in Sweden. This is one of the steps in HKScan’s strategic development of the entire value chain, from farm to fork. The investment further modernizes Sweden’s largest pig slaughterhouse and strengthens thereby further HKScan’s operational footprint.
“HKScan’s investment increases […]

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Craft Beer Revolution is Here to Stay

    Craft Beer Revolution is Here to Stay

Royal DSM, a global science-based company active in health, nutrition, and materials, has published a new report in its Global Insights Series which indicates the consumer demand for craft beer is not likely to slow down anytime soon. The report, which surveyed 3,300 consumers in seven countries in the Europe and US, shows that 4 […]

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Starbucks Extends Strategic Partnership With Arla Foods

    Starbucks Extends Strategic Partnership With Arla Foods

After seven years of a successful business partnership, Starbucks has a new strategic licensing agreement with the farmer-owned dairy co-operative Arla Foods. The two companies have signed a long-term 21-year strategic agreement, giving Arla Foods license to continue to manufacture, distribute and market Starbucks premium milk-based ready-to-drink (RTD) coffee beverages for the EMEA region (Europe, […]

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Irish Gin Exports Up 433% in First Quarter of 2018

    Irish Gin Exports Up 433% in First Quarter of 2018

New CSO figures reveal that the value of Irish gin exports grew by a whopping 433 per cent in the first quarter of 2018, compared to the first quarter of 2017. In the first quarter of 2018, exports of Irish gin were valued at €935,000, compared to just €175,000 in the first quarter of 2017. […]

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Mars Wrigley Confectionery Names New Global President

    Mars Wrigley Confectionery Names New Global President

Mars, Incorporated has appointed Andrew Clarke, currently Chief Marketing & Customer Officer, to the role of Global President ‐ Mars Wrigley Confectionery. Andrew Clarke will assume his new role in September. He will be based at Mars Wrigley Confectionery’s global headquarters in Chicago, Illinois.
Andrew Clarke.
Since 2015 Andrew Clarke has been Chief Marketing & Customer Officer. […]

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More Milk Needed to Cover Demand in 2030 – New Technologies Will Help

    More Milk Needed to Cover Demand in 2030 – New Technologies Will Help

Between now and 2030 worldwide demand growth for milk and milk products will be three times the level of current US milk production. This was one of the main findings of the latest publication, from the IFCN – the Dairy Research Network – discussed at the 19th IFCN Dairy Conference, held at Teagasc, Moorepark, Cork […]

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Danone Early Life Nutrition Launches Category Overhaul

    Danone Early Life Nutrition Launches Category Overhaul

Danone Early Life Nutrition is launching a category refresh that spans its leading baby food brands, Cow & Gate and Aptamil. Cow & Gate is launching fifteen new food recipes across the pouch, cereal, jar and tray product ranges, as well as a complete packaging re-brand across its entire formula milk and food portfolio. Starting from mid-June, […]

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Mondelēz International Invests $200 Million in Czech Biscuit Plant to Accelerate Growth in Europe

    Mondelēz International Invests $200 Million in Czech Biscuit Plant to Accelerate Growth in Europe

Mondelēz International has invested $200 million since 2014 in its Czech Republic-based Opava biscuit manufacturing facility, which employs nearly 1,000 people and produces Power Brands like Oreo, belVita, Milka and Cadbury, for the European market. The investment builds on Opava’s proud heritage of more than a century as a biscuit-making centre and supports the company’s […]

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European Soft Drinks Industry Generates Revenue of €185 Billion

    European Soft Drinks Industry Generates Revenue of €185 Billion

A recent study illustrates how the European soft drinks industry is rooted in the European economy and boosts progress throughout its value chain. The sector generates €185 billion revenue – equivalent to 1.24% of EU GDP – indirectly supports 1.7 million jobs and delivers almost €30 billion in tax contributions to EU member states.
The industry […]

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Barilla to Invest €1 Billion Over 5 Years

    Barilla to Invest €1 Billion Over 5 Years

Barilla, the world’s largest pasta company, expects to invest about €1 billion over five years on its industrial assets. About 60% of the investments will be aimed at boosting competitiveness and sustainability by improving processes and technologies, while over 40% will support innovation and geographic expansion. The expansion of the plant near Parma in Italy […]

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Orkla to Consolidate Biscuits Production

    Orkla to Consolidate Biscuits Production

Norwegian food group Orkla is to consolidate its production of biscuits and to build a new biscuits factory outside Riga, Latvia. The move is part of the group’s strategy of consolidating production in fewer and more efficient plants.
Consequently, the current biscuits production operations in Kungälv and Riga will be closed down and relocated to the […]

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Moy Park to Invest £18 Million in Latest Processing Technology

    Moy Park to Invest £18 Million in Latest Processing Technology

Moy Park, which is one of the UK’s largest poultry producers, has announced an investment of over £18 million across a number of its sites in Lincolnshire. The investments form part of the company’s ongoing strategic investment programme which is focused on enhancing operations across its agriculture and processing facilities, boosting production to a record […]

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Tulip Starts Next Phase in Turnaround Under New Leadership

    Tulip Starts Next Phase in Turnaround Under New Leadership

Danish Crown has announced that Steve Francis is stepping down from his position as CEO of Tulip Ltd as the UK business kicks off the next step of its turnaround programme. Danish Crown CEO and Chairman of Tulip Ltd Jais Valeur will take on the role of Executive Chairman of Tulip Ltd.
Steve Francis was appointed […]

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Carrs Foods Ranked 9th in Sunday Times HSBC International Track 200

    Carrs Foods Ranked 9th in Sunday Times HSBC International Track 200

Carrs Foods, the Manchester-based bakery business, has been ranked at number nine in this year’s Sunday Times HSBC International Track 200, which ranks Britain’s mid-market private companies with the fastest-growing international sales. Carrs Foods achieved an international sales growth of 29% compared to 2016, with a global sales turnover of £49.2 million.
This is the second consecutive year […]

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Leadership Changes at Kellogg Company’s North American and European Businesses

    Leadership Changes at Kellogg Company’s North American and European Businesses

Kellogg Company has announced two leadership changes to help drive the company’s growth strategy in the North American and European regions. Chris Hood, currently President of Kellogg Europe, has been named President of Kellogg North America reporting to Chairman and Chief Executive Officer Steve Cahillane. The company has appointed Dave Lawlor, currently, Vice President, European Cereal Business, […]

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ABP Food Group to Invest £17 Million in Scotland

    ABP Food Group to Invest £17 Million in Scotland

ABP Food Group, one of Europe’s leading food processors, has announced an investment of £17 million for the planned redevelopment of its Perth processing plant in Scotland. The redevelopment includes an extension and upgrade of the facilities chilled storage area, dry goods storage, maturation and meat production facilities and staff amenities. On completion, the project, […]

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Tesco Back on Top in Ireland For First Time Since 2015

    Tesco Back on Top in Ireland For First Time Since 2015

The latest Irish grocery market share figures from Kantar Worldpanel, for the 12 weeks ending 20 May 2018, show Tesco reclaiming the top spot on its own for the first time in more than two years with an overall share of 22.3%.  The retailer grew sales by 4.5% – far ahead of the overall market, which […]

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Seafood Supplier Scoops Top Scottish Award

    Seafood Supplier Scoops Top Scottish Award

Leading seafood producer Loch Fyne Oysters celebrated its 40th year of trading by scooping the top prize in the Fish and Seafood category of Scotland’s prestigious Food and Drink Awards. The awards recognise innovation, enterprise and quality amongst Scottish food and drink producers.
Loch Fyne Oysters won an award for its Bradan Orach smoked salmon, which […]

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Actions to Stop the Decline of Pollinating Insects

    Actions to Stop the Decline of Pollinating Insects

One in ten pollinating insects is on the verge of extinction, and a third of bee and butterfly species is declining. This is why the European Commission is proposing the first-ever EU initiative to address the decline of wild pollinating insects. The new measures include a new indicator to improve monitoring and data, and better […]

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Warm Weather and the ‘Markle Sparkle’ Dazzle UK Grocery

    Warm Weather and the ‘Markle Sparkle’ Dazzle UK Grocery

The latest UK grocery market share figures from Kantar Worldpanel, for the 12 weeks to 20 May 2018, reveal that the recent hot weather combined with the Meghan Markle effect sparked strong market growth – up 2.7% on last year. Chris Hayward, consumer specialist at Kantar Worldpanel, comments: “The sun shone on the grocery market over the past month […]

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