Kerry to sell its Sweet Ingredients portfolio to IRCA
Kerry Group plc is looking to sell its Sweet Ingredients Portfolio to IRCA for a consideration of €500 million.
£3bn supply chain backlog for food and drink manufacturers, according to new report
Food and drink manufacturers have around £3billion of business backing up due to blockages in the supply chain, according to a new report from Barclays Corporate Banking.
Cabinet Secretary visits bakery to understand sector’s needs
Scottish Bakers welcomed Mairi Gougeon MSP, Cabinet Secretary for Rural Affairs and Islands to McGhee’s Bakery in Glasgow.
Bakkavor proposes closure of two UK sites
Bakkavor, is proposing to close two of its sites; Bakkavor Salads in Sutton Bridge, Lincolnshire and Bakkavor Desserts in Leicester.
Welsh Government support delivers 65% growth for cake business
A Blackwood based manufacturer of free from celebration cakes has grown its turnover by 65% with support from a Welsh Government and EU backed project.
McVities warns biscuit prices may rise by around 5%
The manufacturer of brands such as Hobnobs, Jaffa Cakes and Penguins has said that the increasing costs of labour, raw ingredients and staff absences could see biscuit prices soar.