Moy Park acquired by Pilgrim’s Pride Corporation

Moy Park acquired by Pilgrim’s Pride Corporation

American food company Pilgrim’s Pride Corporation has announced it has acquired Moy Park from JBS S.A., in a deal valuing the equity interest of Moy Park at approximately $1 billion (£790 million) and implying an enterprise value of approximately $1.3 billion (or...
Orchard Valley Foods and Candeco merge

Orchard Valley Foods and Candeco merge

Orchard Valley Foods and Candeco Confektyr AB have merged to create a €40 million producer of confections, ingredients and decorations, called Orchard Valley Foods Group. The new business will cater for the food manufacturing, foodservice and retail home baking...
Foodservice industry backs British Food Fortnight

Foodservice industry backs British Food Fortnight

National food celebration, British Food Fortnight, will take place from 23rd September until 8th October for the 15th year, aiming to bring together organisations in retail and catering. As part of the event, foodservice provider Sodexo, which serves around a million...
Leaked Brexit paper on migrant labour alarms food industry

Leaked Brexit paper on migrant labour alarms food industry

The food industry has expressed concerns to claims made in an alleged Home Office document leaked to The Guardian, which reveals that the Government intends to introduce restrictions to all but highly-skilled EU workers. The 82-page paper, proposes measures to...
Food fraud cases dent public confidence in food chain

Food fraud cases dent public confidence in food chain

The NFU Mutual Food Fraud Report 2017 has revealed that UK food confidence has been affected by high profile food fraud cases, with 63% of respondents being most likely to blame producers, compared with retailers, distributors and farmers. The new research has found...