Premier Foods

It's a deal: food and drink sector M&As rose by 11% in the first quarter

Brexit debate

Food firm mergers and acquisitions rise 11%

By Michael Stones

Food and drink sector mergers and acquisitions (M&A) climbed by 11% in the first quarter of this year, with 51 deals completed, according to business consultancy Grant Thornton.

Premier Foods’s shares have delivered 'a truly awful' performance this year, said Shore Capital

Premier Foods delivers ‘awful’ stock performance

By Michael Stones

Premier Foods has delivered “a truly awful 2014 stock performance”, despite making solid restructuring progress, said City analyst Shore Capital, ahead of the firm’s third-quarter trading results, due for release later this week.

Premier Foods has reorganised its commercial division

Premier Foods launches three new business units

By Laurence Gibbons

Premier Foods has launched three new ‘Strategic Business Units’ (SBU’s) in a bid to strengthen its focus on major growth opportunities and develop more agile ways of working.

Darby: 'Very positive development'

Premier Foods proposes powdered product deal

By Rod Addy

Premier Foods has launched a joint venture with Specialty Powders to process and pack powdered drinks and desserts at its Knighton factory in Staffordshire, home to its Bird’s, Angel Delight and Marvel brands.

Premier Foods was predicted to be on the brink of unveiling a £750M plus refinancing package

Premier Foods confirms review of refinancing options

By Michael Stones

Premier Foods is continuing to review its refinancing options, the food manufacturing giant confirmed today (March 3), after weekend press reports claimed it would reveal a deal worth more than £750M this week.

Premier Foods' bread division reported a 48% drop in contribution to £26.9M

Premier Foods: power brands up but bread stale

By Mike Stones

Britain’s biggest food manufacturer Premier Foods has reported growth in power and grocery brands but tough going for its bread division, in its full year financial results for the year to December 31 2012 published yesterday (February 21).

Shock move: Michael Clarke is to quit Premier Foods. Gavin Darby will replace him on February 4

Premier Foods boss Michael Clarke in shock exit

By Mike Stones

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.

Office of Fair Trading probes Premier Foods disposal

Office of Fair Trading probes Premier Foods disposal

By Rod Addy

The Office of Fair Trading’s (OFT’s) investigation of Premier Foods’ sale of its vinegar and pickles business to Mizkan Group is unlikely to hamper the process, according to financial analyst Clive Black.

Premier Foods IT project delivers massive savings

Premier Foods IT project delivers massive savings

By Rod Addy

UK grocery giant Premier Foods has halved IT operational costs in a project launched in conjunction with Google Enterprise that will enable it to coordinate cross-functional business projects more efficiently.

Sarson's is one of Premier's non-core brands attracting interest

Premier Foods’ brands sought by private equity firms

By Dan Colombini

The acquisition of up-for-sale Ragu manufacturer Symington’s could be the key to unlocking the success of Premier Food’s non-core brands, according to city analysts, after reports of private equity interest in the businesses.

600 jobs to go at Premier Foods

600 jobs to go at Premier Foods

By Oliver Nieburg

UK-based Premier Foods has announced that 5% of its 12,000 man workforce will be axed as the company sets larger cut targets.

Schofield to step down

Premier boss Schofield to retire

By Rick Pendrous

Premier Foods has today announced that its chief executive, Robert Schofield will be retiring once a successor has been appointed and no later than April 28 2012.

Kraft prepares for UB bid

Kraft prepares for UB bid

By Anita Awbi

American manufacturer Kraft will make a bid for United Biscuit's
southern European division, while Premier Foods and a Dutch equity
firm negotiate for stakes in UB's northern European operations.

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