The FMT Blog
Opinion, analysis and musings from the FMT editorial team and expert guest writers about the food processing and manufacturing sector.
KP Snacks achieves 14.8% revenue growth despite 2022 cyber-attack
Crisp manufacturer KP Snacks has released its results for the period 1st January 2023 to 30th December 2023, reporting revenue growth of 14.8%.
Fischer Farms appoints Chris Kirke as CEO
Chris Kirke has been appointed CEO of salad growing company Fischer Farms.
M&A activity deal volume increase led by grocery categories
UK finance advisor Oghma Partners has revealed that merger and acquisition deal volume was up 32.4% compared to the same period last year.
Kellanova invests £75m in Wrexham facility
Kellanova, formerly Kellogg Company, has unveiled plans to invest £75 million in its Wrexham cereal factory, creating “at least” 130 jobs.
Tesco delivers volume growth “ahead of expectations”
UK supermarket Tesco has released its results for H1 2024/25, reporting that its volume growth was “ahead of expectations”.
Mondelēz purchases stake in Urban Legend doughnut brand
Mondelēz has revealed that its corporate venture capital arm SnackFutures Ventures has purchased a stake in the non-HFSS doughnut brand Urban Legend.
Morrisons reports “robust” results despite “softer market”
UK supermarket Morrisons has released its Q3 financial results, reporting a 2.1% rise in total sales to reach £3.9 billion.
BRC finds food inflation up as shop prices deflate
According to the BRC, food inflation has risen to 2.3% in September due to “poor harvests in key producing regions”.
Defra halts implementation of ‘not for EU’ labelling
Defra has announced that it will not proceed with the introduction of ‘not for EU’ labelling in Great Britain.
Aldi Scotland expands Scotch pork offering across 106 stores
Discounter Aldi Scotland has announced that it has doubled its pork range in Scottish stores as part of its commitment to Scotch meat.