According to the latest Shopper Confidence Index from IGD, shopper confidence has risen to its highest level in the last five years, driven by the further easing of lockdown restrictions, a sharp decline in Covid-19 cases and the rapid rollout of the vaccination programme.
Bain Capital Private Equity, a global private investment firm, has signed a definitive agreement with CapVest to acquire Valeo Foods Group, a leading pan European food business, including brands such as Kettle, Rowse and Jacobs.
Data released by Apex-Brasil’s Q1 Europe Trade Monitor reveals that demand for British products increased dramatically at the start of the year, while the UK’s demand for Brazilian coffee also rose.
Speciality oils and fats company AAK has announced a new partnership with Vista Processed Foods, part of the global OSI Group, to create plant-based meat alternatives for the Indian market.
A new guide has been released by the Institute of Grocery Distribution (IGD) to encourage manufacturers to take urgent action on the amount of surplus food being redistributed.