Premier Foods plc has refused to be drawn on reports it has hired Goldman Sachs to talk to potential suitors for its bread business. Sky News and The Times reported the UK food maker had asked the investment bank to sound out whether ...
Tags: Premier Foods plc, Goldman Sachs, bread business, food industry
Convenience food group Greencore has reported a rise in third-quarter sales, boosted by growth across its business. The company today (31 July) posted a 6.7% increase in underlying sales for the 13 weeks to 29 June. The 6.7% "core ...
Tags: Greencore, sales, underlying sales, company news
Finnish food group Raisio has added to its confectionery stable with the acquisition of Czech group Candy Plus. Raisio said the EUR20.5m deal would "complement" its UK confectionery operations, which the Fox's mint brand. The company ...
Tags: Raisio, acquisition, Candy Plus, food industry
A "strong" performance from Glanbia's nutrition ingredients business has led the Irish food group to lift its forecast for full-year earnings. Glanbia said it expects its adjusted earnings per share to increase 8-10% on a ...
Tags: Glanbia, nutrition ingredients, earnings, food industry
Premier Foods plc has become the latest company to launch a range of breakfast biscuits in the UK. The group is hoping to tap into the GBP33m (US$52.4m) breakfast biscuit market with the launch of Hovis Breakfast Bakes. It has ...
Tags: Premier Foods, breakfast biscuit market, Hovis Breakfast
Premier Foods plc has poached executives from UK snack manufacturer United Biscuits and retail giant Sainsbury's to bolster the marketing team behind its "power brands". Claire Harrison-Church has taken the newly-created role of director ...
Tags: Sainsbury's, United Biscuits, marketing roles, Premier Foods
CAS DataLoggers recently provided the data acquisition solution for a leading German manufacturer of marine diesel engines and compact turbochargers, enabling optimal levels of performance, fuel consumption, and emissions. The ...
Tags: Diesel Engine, Monitoring Diesel Engine, Turbochargers
BS reported that Aditya Birla Group company Hindalco will receive USD 100 million in financing from Export Development Canada or EDC, the country’s export credit agency for its Mahan Aluminium Project in Madhya Pradesh. The ...
Japanese food group Mizkan has said it wants to make further acquisitions in the UK condiments market followings its deal to buy Premier Food plc's vinegar and sour pickles business last month. Speaking exclusively to just-food, Mizkan ...
Tags: Mizkan, further M&A, UK condiments
Some 900 jobs are to go at Premier Foods plc after the Hovis manufacturer announced a range of measures to reshape its bread business. Premier plans to close two bakeries, cut over 100 distribution routes and revamp its logistics ...
Tags: Premier Foods, bread arm, bread business, Foods
Finnish food group Raisio has established two branded divisions, which will run its consumer and licensed products. Paul Simmonds, who oversaw UK snack firm Glisten prior to its acquisition by Raisio, has been appointed vice president of ...
Tags: branded divisions, food, licensed products, snack firm, snack
Finnish group Raisio, which owns brands from Benecol butter to Honey Monster cereals, pointed to an improvement in its EBIT as it reported a second-quarter loss. The company today (14 August) posted a loss of EUR2.4m (US$2.9m) thanks to ...
Tags: butter, Honey Monster cereals, EBIT, sales
Finnish food group Raisio is to cut jobs in its domestic market as reshapes the business to lower costs and make it more efficient. The company said the streamlining would affect 56 staff. Raisio's domestic consumer foods business will ...
Tags: jobs, food group, food
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
Premier Foods plc chairman Ronnie Bell has decided to leave the UK food manufacturer after 18 months in the role. Former Kraft Foods veteran Bell joined Premier in October 2010 just weeks after the Hovis bread and Ambrosia custard maker ...
Tags: chairman Ronnie Bell, Premier Foods, food manufacturer