Equipment supplier Marel to be listed on Amsterdam’s Euronext
Processing equipment provider, Marel, has announced its intention to proceed with a public offering and listing on Euronext Amsterdam later in the year. This will be in addition to its listing on Nasdaq Iceland. Ásthildur Margrét Otharsdóttir, chairman of the Board...
Sainsbury’s launches Future of Food Report
Space farms, food on prescription and jellyfish suppers are all predictions which feature in the Future of Food Report, released by Sainsbury’s. Commissioned by Sainsbury’s, futurologists Department 22, food historian Dr Polly Russell and plant scientist James Wong...
Cofresh snack foods secures second site
Leicester-based Cofresh Snack Foods has announced the acquisition of an additional food production and warehousing facility to cater for significant growth and expansion. An investment of approximately £20m over the next 18 months will enable Cofresh to split its...
Premier Foods to focus on reducing net debt
Mr Kipling owner Premier Foods posted its preliminary results ending 30th March 2019, which revealed a £42.7m statutory loss and a net debt of £469.9 million. Results show a trading profit growth of 4.5% to £128.5m, and profit before tax up 12.1% to £88 million. It...
Food Standards Scotland recommends improved allergen labelling
Food Standards Scotland (FSS) has recommended improved allergen information on pre-packed foods for direct sale. Examples include foods such as sandwiches and salads which are made and packaged on the same premises where they are sold. The move follows the...
