Hovis bought by private-equity firm Endless

Hovis bought by private-equity firm Endless

Hovis, the 134-year old British brand, has announced that it has been bought by private equity firm Endless LLP for an undisclosed sum. The terms of the agreement have been approved by both the Gores Group and Premier Foods, Hovis’ current owners. The bakery brand...
Kerry acquires Canadian probiotic company

Kerry acquires Canadian probiotic company

Taste and nutrition company Kerry has reached an agreement to acquire the Canadian probiotic company Bio-K Plus International. Bio-K Plus produces a range of clinically supported supplement applications in the North American market and Kerry says it will expand its...
AHDB explores changing landscape for red meat, dairy and potatoes

AHDB explores changing landscape for red meat, dairy and potatoes

Red meat, dairy and potatoes have all fared well throughout Covid-19, with grocery spend offsetting losses from foodservice closures during lockdown for most categories, according to AHDB. Analysts explored the impact of the pandemic on these sectors and found that...
Research reveals consumer motivation behind food products

Research reveals consumer motivation behind food products

Consumers pay more attention to on-pack claims related to nutrition, sustainability, ethical issues, clean-label and provenance than to sensory-based claims such as “great taste,” according to research from Campden BRI. The findings, which were gained from 2,400...
Online orders up by 102% at Sainsbury’s

Online orders up by 102% at Sainsbury’s

According to the Sainsbury’s latest interim results, its online grocery sales grew by 102% over the seven-month period ending 19th September, with digital sales up 117% to £5.8 billion, which accounts for nearly 40% of total sales. The retailer has reported that its...
Big increase in FMT Awards product entries

Big increase in FMT Awards product entries

The Food Management Industry Awards has seen a substantial increase in product entries this year up nearly 50% over 2019/20. Awards organiser Sharon Yandell commented: “We are experiencing a great deal of growing interest in the Awards and to see the quality and range...