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Scotland Becomes First Country to Implement Minimum Unit Alcohol Price

May 3, 2018

The minimum unit price (MUP) for alcohol has come into force in Scotland, making it the first country in the world to implement such a law. The legislation has been welcomed by several health organisations including the Royal Society for ...

Tags: minimum unit price, alcohol

Scotland to Set Minimum Unit Price for Alcohol

Feb 28, 2018

The Scottish Government is planning to introduce 50p minimum unit pricing for alcohol from 1 May 2018. Scotland’s health secretary, Shona Robison said the decision was made after analysis of a public consultation, and the ...

Tags: Scotland, Alcohol

Hilton Foods to Acquire UK Fish Processor Icelandic Group

Oct 24, 2017

Hilton Foods has agreed to acquire chilled UK fish processor Icelandic Group UK (Seachill) for cash consideration of £80.8m. The Company also announces its intention to conduct a non-pre-emptive underwritten cash placing to raise ...

Tags: Hilton Foods, Fish Processor

Heineken Offers to Buy UK Pub Firm Punch Taverns

Dec 16, 2016

Dutch brewing company Heineken International is in advanced talks to buy UK pub giant Punch Taverns. In this regard, the pub chain said that it is in advance talks with Patron Capital Advisers which is proposing to buy it. Heineken ...

Tags: Heineken, Punch Taverns

CGB to Invest $31m in Indiana Soybean Plant Expansion

Oct 11, 2016

Consolidated Grain and Barge (CGB) is set to expand its soybean processing plant in southwest Indiana with an investment of more than $31m. Through the expansion, the company plans to double the size of its plant located at the Port of ...

Tags: CGB, expansion, soybean processing plant

Carr's Sells Flour Milling Business to Whitworths for GBP36m

Sep 7, 2016

Food and engineering group Carr’s has sold its flour milling business to Whitworths Holdings for £36m. Carr’s said that the disposal of its food division will enable it to increase focus on its growing agriculture and ...

Tags: Carr's, flour milling business, Whitworths Holdings

UK's RPC Group Acquires Packaging Firm BPI for $379m

Aug 10, 2016

UK based packaging maker RPC Group has acquired packaging firm British Polythene Industries (BPI) for about £261m ($379m). BPI is focused on manufacturing and supplying of about 275,000t of polythene films annually for markets ...

Tags: retail food, waste polythene, RPC

RPC Group to Acquire Packaging Firm British Polythene Industries for $379m

Jun 12, 2016

UK based packaging maker RPC Group has agreed to acquire packaging firm British Polythene Industries (BPI) in a deal worth about £261m ($379m). Under the terms of the deal, each shareholder of BPI will receive 470 pence in cash and ...

Tags: Polythene Industries, packaging

McCormick Drops Pursuit of Premier Foods

Apr 15, 2016

Spice manufacturer McCormick & Company has dropped its plan to make further acquisition bid for Premier Foods. The announcement follows three proposals by McCormick for Premier Foods, which were rejected by the latter citing ...

Tags: McCormick, Premier Foods, Acquisition

McCormick Offers Revised Bid for Premier Foods

Apr 6, 2016

McCormick & Company has revised its offer for Premier Foods to 65 pence in cash per each share of Premier Foods, valuing the latter at £1.5bn, and making its third approach to acquire the business. The revised offer follows two ...

Tags: McCormick, Premier Foods, Revised Bid

Premier Foods Rejects Third Bid Offer From McCormick

Apr 5, 2016

Premier Foods has rejected the third offer from US-based spice manufacturer McCormick & Company, which had offered 65p per share of Premier Foods. Mr Kipling cakes maker said the proposal continued to undervalue Premier and its future ...

Tags: Premier Foods, McCormick&Company, Bid Offer

Muller Plans to Invest £15m in Fresh Milk Dairy at Bellshill, Scotland

Apr 5, 2016

Muller Milk & Ingredients is planning to invest £15m in the next three years in Scottish fresh milk dairy at Bellshill as part of its strategic review of Scottish dairies. The investment is intended to improve operational ...

Tags: Muller&Ingredients, Investment, Fresh Milk Dairy, Bellshill

McCormick May Hike Offer Price for Premier Foods

Mar 30, 2016

American flavor company McCormick may increase the bid price for UK based Premier Foods after its £494m offer was rejected twice earlier. Premier Foods, which owns Mr Kipling cakes and Bisto gravy was offered 60 pence per share ...

Tags: McCormick May, Premier Foods

Premier Foods Rejects £495m Bid Offer From McCormick

Mar 28, 2016

UK-based food manufacturer Premier Foods has rejected a bid offer worth a £495m from US-based food giant McCormick. The company has rejected the offer saying that the offer from McCormick significantly undervalued Premier Foods ...

Tags: Premier Foods, McCormick, Bid Offer

Honda To Invest $52m In Indiana Plant, US

Mar 28, 2016

Honda has announced that it will invest $52m at its Indiana plant which can generate 100 new jobs. This investment is support the launch of its CR-V production in 2017. Honda Manufacturing Indiana (HMIN) made an announcement in early ...

Tags: Honda, Investment, CR-V production

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