Warburtons has launched an accelerator to promote bakery innovation

Warburtons supports start-ups with new fund

By Gwen Ridler

Warburtons has teamed up with small and medium-sized enterprise (SME) accelerator Mission Ventures to launch a new joint venture to support bakery start-ups.

Ringleader Alexander Goran recruited the workers from Romania with the promise of employment and accommodation

Two jailed for Manchester gangmaster offences

By Dan Colombini

An illegal gangmaster and his wife have been jailed for exploiting at least 41 workers at a catering butchers in the Merseyside area, following an investigation by the Gangmasters and Labour Abuse Authority (GLAA).

Under the terms of the deal, Danish Crown will continue to supply Danish pork to Tulip Ltd under a long-term supply agreement

Pilgrim’s Pride completes Tulip acquisition

By Rod Addy

Tulip Ltd will operate as a business unit within the Pilgrim’s Pride Corporation, the company announced as it confirmed its acquisition of the UK meat processor from Danish Crown.

The Pennine Foods Factory in Sheffield is under review

Pennine Foods to close Sheffield factory

By Dan Colombini

Hundreds of jobs are set to be lost with the proposed closure of the Pennine Foods factory in Sheffield, owned by 2 Sisters Food Group.

Kers: 'Our strategy is gaining momentum'

Food giant reaps rewards from turnaround strategy

By Rod Addy

2 Sisters Food Group is benefiting from parent company Boparan Holdings’ turnaround plan, as it reports its first like-for-like quarterly pre-tax profit for two-and-a-half years.

© iStock/Pixfly

Tate & Lyle pleased with Q3 progress

By Niamh Michail

Tate & Lyle on track to deliver progress in adjusted profit in line with its expectations, it said in a Q3 trading statement today.

Eurodon has been focused to explore other proteins, with Russia locked in a fight against bird flu

Russia’s Eurodon to invest $350m in lamb production

By Eugene Vorotnikov

Eurodon, one of Russia’s largest turkey producers, is planning to diversify its business by investing up to RUB20 billion (US$338 million) in building lamb production units within the country.

The European Parliament has cleared regulation to ban routine preemptive antibiotic use on farm animals

Investors increase pressure to cut antibiotics use

By Oscar Rousseau

A $2bn coalition of investment firms have issued an antibiotics report as leading financial institutions grow increasingly concerned that overuse of livestock drugs could hit profits.

Agricultural analyst Eugene Gerden wants Russia to 'increase export potential'

Miratorg considers doubling pork production capability

By Vladislav Vorotnikov

Russian agricultural holding Miratorg is considering a new project to produce 4m head of pigs per year with a total investment of RUB115 billion (US$1.8bn), according to a recent statement by the company’s vice-president of finance Vadim Kotenko.

There are already well-established Danish pig farmers in Russia

Danish pigmeat sector invited to invest in Russia

By Poorna Rodrigo

Russia’s trade attaché in Denmark is inviting Danish pig farmers and pigmeat corporations to invest in Russia, saying its “ban on food import from the west has now created unique possibilities”.

Almarai misses mark on $533m sukuk issue

Almarai misses mark on $533m sukuk issue

By Nathan Gray

Saudi dairy and poultry producer Almarai missed its US$533m sukuk target by more than US$100m last week, a reversal from previous rounds of debt-issuing, which were routinely oversubscribed.

Al Jazeera gets €19m EBRD loan

EBRD invests in Jordanian poultry sector

By Joseph James Whitworth

Al Jazeera Agricultural Company PSC has been given a €19m loan to increase the supply of safer and more hygienic products.

The company would like to intensify growth in Europe and Asia, it said.

Barentz reveals expansion plans after gaining added funds

By Joyeeta Basu

On the back of a deal with a ‘strong’ equity partner, Barentz International will use the additional funds to accelerate growth in its key markets in Europe, India, China and Asia Pacific, it said.

British brands are trusted by international buyers

Overseas buyers are swooping on UK firms

By Nicholas Robinson

Mergers and acquisitions (M&As) of UK companies featuring overseas buyers increased by a whopping 71% in the first quarter of 2014, compared with the same quarter in 2013, according to Trefor Griffith, partner at financial advisory firm Grant Thornton.

Almarai and PepsiCo plan $345m Egypt investment

Almarai and PepsiCo plan $345m Egypt investment

By Eliot Beer

Almarai and PepsiCo announced a joint plan to invest US$345m in projects in Egypt over the next five years, taking advantage of the growing stability in the country.

New investment club aims to grow UK SMEs

New investment club aims to grow UK SMEs

By Nicola Cottam

A new investment club has launched in the UK aimed at small to medium sized businesses in the food and drink industry looking to raise capital to grow their business.

A 'dinosaur attitude' could lead many food and drink businesses to fail

Food firms missing out because of ‘dinosaur attitude’

By Laurence Gibbons

A “dinosaur attitude” is causing food and drink manufacturers to miss out on the benefits of integrating sustainability into their businesses, according to the boss of malt manufacturer Muntons.

France works new law for crowdfunding- the participative financing platform launching new businesses across the industry

Crowdfunding bill to cut French business red tape

By Annie-Rose Harrison-Dunn

France is looking to create a new law to encourage the increasingly popular participative financing platforms known as crowdfunding, which could cut red tape and make it easier for start-up food and drink company's to find routes to market.

Lamex says its new stake in red fruit specialist Mondi Serbia would secure quality

Lamex to buy share in struggling Serbian supplier

By Kacey Culliney

Frozen fruit specialist Lamex Food Group will buy a majority stake in Serbian red fruit processor to boost business and protect the group’s supply chain, its CEO says.

Food firms can’t ignore intellectual resources

Food firms can’t ignore intellectual resources

By Rod Addy

Food and drink manufacturers can’t afford to ignore their intellectual capital and are weaker at taking stock of it than companies in other industries, according to consultancy ClearFood.


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