Finance news – Page 603
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United Biscuits pushes McVitie’s in Middle East with Saudi buy
United Biscuits has announced it is to acquire a biscuit manufacturing business in Saudi Arabia as it looks to further establish the McVitie brand in the Middle East.
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Soreen put up for sale by McCambridge
McCambridge is preparing to put malt loaf brand Soreen up for sale, The Grocer understands.
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£42bn tied up in inefficient working capital by grocery industry
A staggering £42bn is tied up in “inefficient working capital” at the world’s top 40 food and drink companies, according to consultants REL.
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Wilson’s of Kendal wins £500,000 loan for expansion
Wilson’s of Kendall has secured a loan for expansionCumbrian confectioner Wilson’s of Kendal has expanded its operations after securing a £500,000 loan package.The family-owned business, which manufactures ranges including Kendal Mint Cake, Duncan’s of Scotland and Creative Confectionery, and produces own-label chocolate, is using the funding to increase its chocolate ...
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UK food and drink exports get helping hand with action plan
The government has set out plans to add £500m to the UK economy by helping 1,000 food and drink companies with their international growth over the next two years.
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Florette shores up UK salad supply with Angflor joint venture
Florette is set to ramp up its supply of British-grown salad through a joint venture…
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ABP Food bags £7m contract in Russian trade deal
ABP Food Group has won a £7m per year contract to supply lamb to a Russian distributor, as Defra announced a trade deal with Russia
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