European Business News – Week ending June 17, 2011

 Breaking News
  • Scottish Food and Drink Exports Hit Record £6 Billion Overseas Scottish food and drink exports were worth approximately £6 billion in 2017 – almost £570 million more than 2016. Food exports were valued at about £1.6 billion – a rise of 15% (£214 million) during the same period. Exports of food to Europe were worth £1.1 billion after an increase of 13%, or £125 [...]...
  • UK Casual Dining Contraction is Independents’ Opportunity With casual dining brands closing sites and scaling back expansion in the UK, well-run independent operators have an opportunity to take back market share, says buying specialist Lynx Purchasing. Operators who do their homework on the eating-out market, including implementing strong buying disciplines, can broaden their customer appeal, says Lynx Purchasing managing director Rachel Dobson. “Since the [...]...
  • AAK UK Opens First Customer Innovation Centre AAK UK has opened a new Customer Innovation Centre in Hull to take its co-development work with leading food brands to new levels of success. AAK, the UK’s leading manufacturer and supplier of edible oils, fats and semi-speciality oil ingredients, works in close partnership with some of the most famous names in food and bakery to [...]...
  • Marks and Spencer Selects Zetes to Transform Food Supply Chain Operations Marks and Spencer (M&S) has selected Zetes to help transform visibility and fulfilment across its fresh food supply chain. The partnership will also see greater collaboration between M&S and its food suppliers via Zetes’ supply chain visibility platform, ZetesOlympus. Through ZetesOlympus, M&S will gain real-time fulfilment performance insight across its fresh food supply chain. The platform will help M&S [...]...
  • Guinness Remains Ireland’s Most Valuable Brand at €2.1 Billion Guinness remains Ireland’s most valuable brand after growing by 5% over the last year to a brand value of €2.1 billion on the back of new product innovations and steady sales of the world-famous draught, according to the latest report by Brand Finance, the world’s leading independent brand valuation and strategy consultancy. Guinness’s brand value has [...]...

European Business News – Week ending June 17, 2011

June 19
19:42 2011

In a week when the famous Tetley Brewery in Leeds shut its doors for the last time, after 186 years of business, reflecting the continuing decline in the overall UK beer market, three other stories told a different story. Tetley owner Carlsberg UK first announced its plans to close the Leeds brewery, resulting in the loss of 140 jobs, in November 2008. Tetley production is being out-sourced to Marston’s brewery in Wolverhampton, and to Molson Coors in Tadcaster.

However, while the Tetley Brewery was closing, English regional brewers Fuller, Smith & Turner and Shepherd Neame were reporting solid trading, despite the deep economic recession.

London-based Fuller, Smith & Turner increased profit before tax by 16% and turnover by 6% last year. Its total beer volumes increased by 2% as the company again grew its share of the UK ale market. Fuller’s flagship London Pride brand is the UK’s leading premium ale and this year became the number one free trade cask ale by value in Britain.

Headed by its quintessentially British Spitfire brand, Kent-based Shepherd Neame, which is Britain’s oldest brewer, reported that own beer volume grew by 3.6% for the 48 weeks to 28th May 2011.

Cask Ale Revival

Although the UK beer market is in long-term decline, regional brewers have been able to grow sales in the traditional cask ale sector. As the UK beer industry has consolidated, the large international brewers – Heineken UK, Carlsberg UK and Molson Coors – which now dominate the industry have tended to focus on their larger brands and to the neglect their cask ale brands. Indeed, some of the larger national brewers no longer produce cask ale.

This market vacuum has been filled by regional brewers and small craft breweries (microbreweries) which have helped to fuel and to capitalise on growing consumer demand for a greater diversity of traditional and innovative, locally produced beer. In addition to Fuller, Smith & Turner and Shepherd Neame, other regional brewers such as Marston’s, Greene King and St Austell Brewery, have been driving and benefiting from the revival in real ale.

Craft Brewing Renaissance

Julia Austin, managing director of Tyne Bank Brewery, with head brewer Mark McGarry.

The real ale renaissance has also seen the number of breweries in the UK, which had fallen to just 200 in 1970, increase to over 750 last year. The latest of these new craft breweries is Tyne Bank Brewery, a 20 barrel plant, opened in the North East of England. The enterprise has been established on the site of the old Hadrian & Border Brewery by former chemical engineer Julia Austin, who aims to sell her ales to independent pubs, wholesalers, chains, private individuals and event organisers in the North East region.

Dairy Consolidation

Meanwhile on the international front, French group Lactalis is about to become the world’s largest producer of dairy products after receiving clearance from the European Commission to proceed with its Eur3.4 billion bid to acquire the 71% of Parmalat, its Italian counterpart, that is does not already own.

About Author



Related Articles

Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • March 21, 2018World Olive Oil Exhibition
  • March 28, 2018FOOD INDUSTRY
  • April 4, 2018The leading event for the snack and food-on-the-go market
  • April 5, 2018Slow food The forum for good taste
AEC v1.0.4

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber

Subscribe Here