Pork Farms owner Vision Capital is fishing for prospective buyers for the chilled savoury pastry manufacturer, FoodManufacture.co.uk can exclusively reveal. Pork Farms makes chilled savoury pastry products The private equity firm, with ...
Tags: Agriculture, Food, Pork
Rising sugar prices in Europe helped boost revenues and offset flat grocery sales for Associated British Foods in its third quarter. Group sales climbed 13% in the 16 weeks ended 23 June, the Ryvita maker said today (12 July). Sugar ...
Tags: sugar prices, grocery sales, Associated British Foods, third quarter
Premier Foods plc has sold ethnic flour business Elephant Atta to UK rival Associated British Foods, the latest disposal in its move to cut debts. The GBP34m (US$52.8m) deal includes the Elephant Atta brand, which Premier described as the ...
Tags: Premier Foods plc, ethnic flour, food industry, food market
Associated British Foods today (10 September) revealed it had taken an impairment charge of A$150m (US$155m) on its Australian meat business as it battles "difficult" trading conditions in the market. The UK-listed group announced the ...
Tags: Australia, ABF, impairment charge, meat business
UK-based Premier Foods has sold Elephant Atta ethnic flour business to Westmill Foods,a subsidiary of Associated British Foods(ABF),in an all-cash deal of £34m,as a part of its plan to lower debts and avoid a breach of its credit ...
Tags: flour, debts, credit agreement