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News
Balancing founder input with institutional control
3+ hour, 42+ min ago (499+ words) Such arrangements are usually set out in shareholder agreements and the articles of association and commonly include the following rights for the investors: Investors in the F&B sector (compared with other sectors) are likely to seek a relatively high…...
SlimFast invests £5 million into identity reboot
9+ hour, 23+ min ago (515+ words) Founded in 1977, the heritage weight management brand is reinventing itself as it looks to become a broader functional nutrition business. Backed by a £5 million investment, SlimFast is rolling out seven new products across major retailers this month. This comprises: protein…...
Noble Foods sells egg packing site
4+ day, 2+ hour ago (335+ words) Commercial real estate firm CBRE has completed the sale of the 115,000 sq ft industrial site on behalf of Noble Foods. The former egg packing sit features two office buildings, two warehouses, 19 loading bays and additional storage buildings. It also comes…...
Protein Ball CEO: Brands must ‘dance with the devil’ on own label
4+ day, 7+ hour ago (1047+ words) Costs are racking up for everyone and while food inflation has eased, the price we pay at the till for food and drink has seen a 30.1% rise since April 2022. Many in the industry will tell you that the price tags…...
AG Barr’s H1 results hit by £10M black hole after inventory error
5+ day, 8+ hour ago (318+ words) The Irn-Bru manufacturer told investors in a trading update this week that “reduced stock availability”, caused by inventory being in the wrong locations, had hit sales by an estimated £10 million. This issue was attributed to internal supply chain issues linked…...
Grocery Aid boosts reach but faces growing welfare bill
5+ day, 12+ hour ago (804+ words) GroceryAid has seen demand for its services ticking up following a recent rebrand to raise awareness of the support available to food and drink employees. The charity estimates around 1.3 million people are currently in need of its services. Yet awareness…...
From Nestlé to Mars: Why Big Food is embracing contract manufacturing
6+ day, 6+ hour ago (853+ words) Contract manufacturing has been used in food and beverage production for decades, enabling brands to scale efficiently, access specialised expertise and manufacturing capabilities, and bring products to market without significant capital investment in production facilities. But it was never the…...
Four arrested in Dudley illegal meat raid
6+ day, 3+ hour ago (361+ words) A joint operation led by Dudley Council and the National Food Crime Unit (NFCU) has resulted in four arrests and the disposal of four and a quarter metric tonnes of illegal meat. The raid targeted an unapproved meat cutting plant,…...
Middledale Foods reveals £600K expansion plans
6+ day, 10+ hour ago (468+ words) Middledale Foods plans to invest £600K into the business over the next three years as it looks to expand. Funded through reinvested profit, the money will go towards new technology, systems and infrastructure that enable it to remain “agile, responsive and…...
Campaign run by 5 major supermarkets raises £500K to fight UK hunger
6+ day, 8+ hour ago (525+ words) ‘Let’s Make a Meal of It’ saw M&S, Morrisons, Sainsbury’s, Tesco and Waitrose come together to encourage customers to donate both in store and online. The campaign was inspired by figures from The Food Foundation that show more than…...