The FMT Blog
Opinion, analysis and musings from the FMT editorial team and expert guest writers about the food processing and manufacturing sector.
Latest report shows significant increase in food M&A deals
Finance company Oghma Partners has released its latest M&A report, which shows deal volume was up 68.2% when compared to 2022.
Plastics ban now in effect, prohibiting single-use plastic nationwide
As of 1st October, the new regulations banning certain single-use plastics have come into place, restricting the sale of specific food packaging materials.
Walker’s Shortbread reports strong turnover in annual report
Scottish manufacturer Walker’s Shortbread has seen its annual turnover climb by 16%, rising from £142.4m to £164.6m in a year.
Private-label food items see sales growth as consumers trade down
Supermarket private-label value items are showing good performance in the dairy and red meat sectors.
Second Nature Brands to acquire snack manufacturer from JM Smucker
US snack company Second Nature Brands has agreed to acquire Sahale Snacks from The J.M. Smucker Co., for a total consideration of $34m.
Morrisons appoints new CEO
Rami Baitiéh has been appointed as the new chief executive of Morrisons. He will succeed David Potts, the Morrisons CEO for the previous nine years.
‘Make plant-based options more widely available,’ says Climate Change report
The Climate Change Committee’s latest report makes a series of claims to encourage people to eat less meat and more plant based foods.
ITV to invest up to £4m in plant based company THIS
ITV has announced its latest Media for Equity investment in plant based meat business THIS, its first investment in a food company.
JBS global launches cultivated protein development facility
Global meat supplier JBS has commenced construction of Brazil’s first cultivated protein research and development innovation centre.
Magnavale reports significant progress on Chesterfield facility expansion
Cold storage provider Magnavale has announced that its development taking place at its Chesterfield cold storage facility has made significant progress.