Food and Drink Business news
WEBProfitability declines by almost 30% for UK food and beverage manufacturers, new data finds. Tate & Lyle report explores the new ‘Enhanced Eating’ trend in the convenience food category. Britvic invests £25 million to upgrade national distribution centre. British hospitality returns to outlet growth after solid first half of 2024.
Refresco Aquires Whitlock Packaging | FDBusiness.com
WEBJul 26, 2016 · The Refresco Group, which is Europe’s largest soft drinks bottler, is set to acquire US-based bottler company, Whitlock Packaging for approximately £98m. The Dutch-based soft drinks and fruit juices bottler for A-brands and retailers agreed the deal which represents an EV/adjusted EBITDA multiple of 7.3x and is in line with the average ...
Aryzta Completes Acquisition of Fresh Start Bakeries
WEBJul 8, 2010 · The combined revenue of the Fresh Start Bakeries and Great Kitchens businesses being acquired is $1.03b, with associated EBITDA of $133m. Owen Killian, chief executive of Aryzta. The acquisitions double Aryzta’s manufactured volumes with an additional 30 production locations in 9 countries and permit greater access to a broader customer base ...
Lidl Ireland announces €1.6 billion worth of goods and services ...
WEBFeb 19, 2024 · Knorr’s new Wine Stock Pots bring flavour without the bottle Spread the loveKnorr, has launched its first ever Red and White Wine Stock Pots designed to bring depth and flavour to dishes without consumers having to buy or open a...; Scotch Whisky exports in first half of 2024 reflect global economic headwinds Spread the loveThe Scotch Whisky Association (SWA) has released new figures ...
Refresco Completes Acquisition of Whitlock Packaging
WEBSep 12, 2016 · The acquisition of Whitlock enables Refresco to create a new growth platform in North America with return and synergy potential, similar to Europe. The purchase price is US$129 million (Eur117 million), on a debt and cash free basis. This represents an EV/adjusted EBITDA multiple of 7.3x and is in line with the average multiple paid by Refresco.
Food & Drink Business Europe | Business Magazine for the Food …
WEBFOOD & DRINK BUSINESS EUROPE . Launched in 1995, Food & Drink Business Europe is a long established business magazine for the food and drink processing industries in the UK and Europe.The publication is monthly and the circulation is 24,900 copies. Food & Drink Business Europe is read by the key decision makers in food and drink manufacturing companies throughout Europe and also by buyers in ...
Muller to Acquire Robert Wiseman Dairies For £279.5 Million
WEBJan 16, 2012 · Muller Dairy (UK) has made a £279.5 million recommended cash offer for Robert Wiseman Dairies and has effectively acquired almost 55% of its shares. Operating from six major processing dairies in Aberdeen, East Kilbride, Glasgow, Manchester, Droitwich Spa and Bridgwater, Robert Wiseman Dairies processes and delivers more than 30% of the fresh ...
NuTek opens new plant in Fargo | FDBusiness.com
WEBFeb 11, 2016 · NuTek Food Science has announced the opening of its new 100,000 square foot manufacturing facility in Fargo, ND. The plant is designed to produce its patented NuTek Salt. The facility is said to provide the safest environment for food safety, efficiency and flexibility, and is designed to meet the stringent expectations and requirements of the ...
Refresco Acquires CCEP’s Milton Keynes Site in the UK
WEBSep 11, 2019 · Refresco, the world’s largest independent bottler of beverages for retailers and A-brands with production facilities in Europe and North America, has agreed to acquire Coca-Cola European Partners’ (CCEP) Milton Keynes manufacturing site in the UK. Included in the agreement are a lease contract of CCEP’s warehouse site …
Mondelēz International Contributed £933 Million to UK Economy …
WEBNov 14, 2022 · Mondelēz International, makers and bakers of iconic brands including Cadbury, OREO and Maynards Bassetts, has launched its latest economic and social report – Mondelēz UK: Making the Right Impact – which details the UK business’ economic contribution totaling £933 million in overall gross value added to the UK economy. Mondelēz International supports 10,372 jobs across the UK, with ...