Archive of all supplier articles – Page 97
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News
PepsiCo sells Tropicana and Naked juice brands to PAI Partner for $3.3bn
PAI will take a 61% holding in the likes of Tropicana and Naked, as well as other brands, with PepsiCo retaining a 39% stake
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News
Fife Creamery to expand into frozen after £1.6m funding boost
Funding will enable the construction of a new cold store in Kirkcaldy
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News
Snacking group Wholebake acquired by private equity firm
Cereal bar maker Wholebake has been snapped up by new private equity owners as investors continue to target the healthier snacking category.
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Pilgrims Choice owner Ornua Foods UK posts ‘strong’ pandemic results
The UK arm of Irish dairy co-op Ornua saw sales grow by £57m, with pre-tax profits growing by £1.1m
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News
Angus Soft Fruits claims ‘UK first’ with 100% rPET punnets
The Scottish company has made the innovation with its packaging supplier Waddington Europe
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News
Apple grower Bardsley England acquired by listed agriculture group Camellia
Bardsley England is the UK’s second largest apple grower and also has operations focusing on pears, cherries, plums and grapes
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City Snapshot: Heineken recovers from Covid crisis but warns of rising costs
Profits have more than doubled at Heineken as sales at the Dutch brewer recovered as pubs and bars reopened following extended global lockdowns. Plus, global agriculture group Camellia has acquired an 80% stake in apple grower Bardsley England, and Domino’s Pizza Group non-exec steps down.
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News
Fyffes pledges to slash CO2 emissions after publishing first sustainability report
It said the reduction would align it to the Science-Based Target Initiative’s aim to limit emission increases to 1.5°C of pre-industrial levels
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News
Fitbakes eyes retail expansion after hitting crowdfunding target
The business, founded by nutritionist Ella Rauen-Prestes in 2018, will use the money to help support a slated launch in 1,000 Tesco Express stores as part of its meal deal offering in the third quarter of 2021.
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News
Small Giants closes £400k funding round to bring insect snacking to the mainstream
Insect-based snacks start-up Small Giants has closed an investment round of more than £400,000 to supports its growth across the UK and Europe.
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News
Griffith Foods expands UK presence with acquisition of The Flavourworks
Ingredients supplier The Flavourworks has been acquired by US product development group Griffith Foods for an undisclosed sum.
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News
Growers warn lack of clarity over R&D funding a threat to sector
Horticulture and potato growers are calling for clarity from government on what will replace AHDB’s services
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Comment & Opinion
Who will be paying for vital sustainability initiatives - shoppers or manufacturers?
Manufacturers need to invest heavily in sustainability schemes, but not all consumers are willing to pay a premium to fund it, says Warren Ackerman, head of European consumer staples research at Barclays
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News
M&S calls for further six-month extension to Northern Ireland checks
The call was backed by 96% of M&S suppliers during a conference this week
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Comment & Opinion
Will new Covid testing scheme prove any better than what companies already have in place?
Companies are having to grapple with a complex new scheme as Covid cases fall
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News
Heck forced to deliver its own products as driver shortage bites
Commenting on the sector’s labour crisis, Heck co-founder Andrew Keeble said British workers still saw the food industry as a last resort
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Lindt sales soar as it emerges from Covid restrictions
Swiss confectionery giant Lindt & Sprüngli has soared back into double-digit growth as the shops emerged from lockdowns across the world and it continued to benefit from strong demand for premium chocolate in supermarkets.
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News
3D printed meat company Redefine Meat to launch in UK later this year
The tech business launched its range of vegan meat alternatives in its native Israeli market this week
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News
Plant-based nutrition brand Pulsin acquired by VC firm S-Ventures
Pulsin makes a wide range of protein, keto, high-fibre and oat snack bars, as well as protein powders and shakes, under its own brand and for third parties.
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News
Premium berry sales rise as consumers focus on quality, Berry Gardens says
The farming co-op aims to continue the trend by targeting younger consumers