US private equity firm TPG Capital has entered into an agreement to acquire Australia's leading poultry processor Inghams Enterprises for approximately A$880m ($901m). TPG Capital overcame competition from several other bidders in the ...
Premier Foods faces six key challenges – including: managing consumer demand uncertainties, reducing its borrowing and grappling with its pension deficit – according to City analyst Investec. Commodity concern: Premier ...
Separate final bids have been placed by the US private equity firms Blackstone and TPG Capital as well as a consortium led by Chinese agribusiness company New Hope to acquire Australia's leading poultry processor Inghams Enterprises. The ...
Tags: Blackstone, TPG Capital, consortium
Confectionery manufacturer Thorntons plans to close a further 40 stores in this financial year, as it continues to focus on “significant growth” in multiple-channel sales via supermarkets and Thorntons Direct online. ...
Tags: Thorntons, stores, financial year
Winning Sainsbury’s liquid milk contract has put Dairy Crest on track to reach its dairies division target of 3% operating profit margin, according to City analyst Panmure Gordon. Dairy Crest is on track to deliver 2.8% operating ...
Tags: liquid milk contract, Dairy Crest, dairies
City analyst Investec has criticised the “revolving door” at Premier Foods, after another key member of its management team left the firm this week. Room at the top: first ceo Clarke and now chief operating officer Eaton have ...
Food manufacturing and consumer goods giant Unilever has demonstrated skill in navigating choppy global waters by delivering a solid performance in its fourth quarter results to December 31, with sales up by 10.5% to €1.3bn and profits ...
City analyst Investec has criticised the “revolving door” at Premier Foods, after another key member of its management team left the firm this week. Room at the top: first ceo Clarke and now chief operating officer Eaton have ...
Tags: Foods, Premier Foods, Food Industry
Meat firm Cranswick has offset rising pig prices to deliver "impressive growth" in the three months to December 31, according to City analysts. Cranswick delivered "impressive growth", despite soaring pig prices Panmure Gordon analyst ...
Tags: Cranwick, pig prices, Meat firm
UK pork producer Cranswick has managed record high pig prices and grown sales during its third quarter. The group said today (31 January) its underlying sales were up 7% in the period to 30 January thanks to "strong" volume growth. ...
Tags: pork producer, Cranswick, pig prices
The boss of Britain’s biggest food manufacturer, Premier Foods, has quit the debt-laden company today (January 28) after only 18 months, in a move that surprised City analysts. Shock move: Michael Clarke is to quit Premier Foods. ...
Tags: Premier Foods, Boss, Michael Clarke
Premier Foods' "short and sweet" trading statement issued yesterday (January 17) reveals the progress senior management is making in reviving the fortunes of the debt-laden food manufacturer, according to City analysts. Premier Foods ceo ...
Inflation in the UK held at 2.7 per cent for the third consecutive month in December, in line with forecasts, as a result of a rise in gas and electricity bills. Indeed, figures compiled by the Office for National Statistics found that ...
Tags: Inflation, UK, gas, electricity
UK retailer Tesco booked better-than-expected UK sales over the key Christmas trading period as the group benefited from the various initiatives under its domestic turnaround plan. The group has invested in improving its customer ...
Unguarded corporate social media accounts are leaving companies exposed to serious security breaches, a survey of more than 1,000 senior UK executives has revealed. Most respondents (87%) said they use social media strategies to enhance ...
Tags: social media accounts, information security, security scare, network