Archive of all supplier articles – Page 13
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News
City snapshot: ‘Robust’ year for Tate & Lyle as it completes transformation with $350m sale of Primient
Tate & Lyle has completed its transformation to become a growth-focused speciality food and beverage ingredients business with the sale of its remaining interest in Primient for $350m. Plus, full-year results from Tate & Lyle, a Q1 update from Bakkavor, Coca-Cola Europacific Partners appoints CFO and Gusbourne publishes annual results
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News
Yorkshire Tea grabs highest-ever share of black tea category as Bettys & Taylors profits soar
Hot drinks supplier Bettys & Taylors has returned to double-digit sales growth, pushing revenues close to £300m as Yorkshire Tea extended its number-one position in the UK black tea market
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News
Unilever Graze integration putting ‘significant number of jobs at risk’
Graze is losing its independent status after owner Unilever set in motion plans to integrate the snacking brand into the wider group, with a significant number of jobs on the line as a result, The Grocer has learned
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News
Food and drink M&A activity hits eight-year high
M&A activity in food and drink has picked up in 2024 as market conditions continued to ease, with deal numbers hitting their highest levels since 2016, according to a new report released this morning
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News
Mission readies £1.3m crowd raise to fuel growth
Natural energy drinks brand Mission is prepping a £1.3m crowdfunding campaign to fuel its growth over the next two years
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News
FSA to use international approvals for lab grown meat
It plans to unveil a “sliding scale” of international agreement for the approval or regulated products
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News
Good Guys Bakehouse completes six-figure raise from fmcg heavyweights
Angel investors backing the business include former Pladis UK boss Nick Bunker, David Bell, currently chairman of Hackney Gelato and a former director at Mars UK and Young’s Seafood, and former Graze COO Tom Carroll, who was also CEO at British Corner Shop
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News
Resilience body will draw on pandemic ‘war room’ spirit to tackle climate change
The resilience group is being set up following talks between Defra and the Food & Drink Sector Council
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News
Anchor launches squeezy butter product
The new butter product is designed to provide a ‘faster, easier route to more buttery bakes, with just a squeeze’
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News
Browns Food Group targets £100m sales jump for Scottish pork
The processor said it was in discussions with major retailers over increasing the availability of Scottish pork following its acquisition of the Brechin abattoir in 2022
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News
Wilkinson Sword unveils major campaign ‘The Blade Masters since 1772’
The activity centres on the new Blade Master character, a suave, middle-aged man
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Webinars
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News
ABP completes £24.5m refurb of Perth beef processing facility
The site has been given a 2,800 sq m extension, along with significant refurbishment and upgrades to meat production and maturation areas, storage areas and staff facilities
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Comment & Opinion
Why brands must make sampling more sustainable
France has tackled the issue with a legislative approach, but we could be proactive, says Richard Lloyd-Williams, MD and business director at Flavor
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News
Morrisons slammed for ditching 100% British lamb commitment
The retailer said a trial selling New Zealand lamb in 39 stores was a reaction to the ‘blunt’ reality it was cheaper to source
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News
City snapshot: Britvic growth fizzes in first half as volumes rise
Britvic has hailed an “excellent” first-half performance as rising volumes helped the soft drinks giant boost revenues and profits. Plus, interim results from Imperial Brands and Compass Group
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News
Pots for Tots pushing for retail growth with six-figure funding
Healthy children’s food brand Pots for Tots has raised £400k to expand its offering further into retail
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News
Bepps appoints liquidators as access to funding dries up
Healthy snacking challenger Bepps has ceased trading after an attempt to secure funds to support working capital failed
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News
KinKind in £500k funding drive to enter retail channel
More than half the funding is already committed by angel investors, with the business aiming to bring additional backers on board by the end of June to complete the round
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News
All Things Butter secures seven-figure seed funding
Disruptive dairy startup All Things Butter has closed a £2.2m seed funding round to support a wider rollout of its products and prepare an overseas launch