The FMT Blog
Opinion, analysis and musings from the FMT editorial team and expert guest writers about the food processing and manufacturing sector.
Record-breaking year for food and drink acquisitions
According to the latest data by corporate finance house, Oghma Partners, the year-to-date total value of recorded deals is estimated at £5.8 billion, surpassing every other year recorded since 2010.
Fresh meat, fish and poultry remain ahead of 2019 levels
The latest figures from Kantar suggest that the three categories have continued to retain the majority of the additional spend achieved in previous years.
Cold Chain Federation sets “ambitious targets” to move away from diesel
The Cold Chain Federation (CCF) has published a report which sets out plans for transitioning away from diesel as the primary power source for refrigeration on vehicles.
Morrisons takeover auction won by CD&R with £7bn offer
Private equity firm Clayton, Dubilier & Rice (CD&R) ended the auction takeover against Fortress Investment Group with a winning £7 billion bid.
Nomad Foods acquires Fortenova Frozen
Nomad Foods Limited has announced that it has completed its acquisition of Fortenova Group’s frozen food business for a purchase price of around €615 million.
Auction to resolve Morrisons takeover battle
The stock market’s Takeover Panel has confirmed that an auction involving Clayton, Dubilier & Rice (CD&R) and Fortress Investment Group will take place on 2nd October. Morrisons’ Board of directors accepted a £6.7 billion offer from a US private equity...
Industry prepares for implementation of Natasha’s Law
The Chartered Trading Standards Institute (CTSI) and Bureau Veritas are among the organisations reminding businesses of the importance of the upcoming changes in labelling laws.
Gene editing could help achieve net zero goals, says NFU
The National Farmers’ Union has welcomed the new plans published by the government to help UK farmers grow “more resistant, more nutritious and more productive crops” via gene-editing technology.
Sell out evening for Women In Meat Awards Ceremony predicted
The forthcoming annual Women In Meat Industry Awards dinner and ceremony is set for another sell out occasion, according to event organiser Emily Fox.
Aldi to invest £1.3 billion as sales hit new record
The supermarket chain has pledged to invest £1.3 billion over the next two years in a bid to further accelerate its share of the UK grocery market.