Unilever to sell its spreads business to KKR
Unilever is to sell its Spreads business, including Becel, Flora and I Can’t Believe It’s Not Butter, to global investment firm KKR for €6.825 billion on a cash-free, debt-free basis. The investment is being funded by both the European and North American private...
Tesco responds to Woodside Farms legal dispute
Richard Baugh, of Woodside Farm in Nottinghamshire, has joined with food and environment charity Feedback to threaten legal proceeding, if Tesco does not stop using the name Woodside Farms to sell its products. In a letter to Tesco’s CEO, Feedback reportedly...
Kalsec expands lab capabilities in Europe
Natural spice and herb extract producer Kalsec has invested in its European operation, with the installation of a new laboratory with “state-of-the-art analytical facilities” at its Mildenhall, United Kingdom location. This new laboratory offers Kalsec the capability...
Ian Mackway to join Yandell team
Ian Mackway, who retired as general manager of food ingredients company Raps UK earlier this year, is to join the Yandell Publishing team in January as its Awards Ambassador. Ian will be liaising with retailers, manufacturers and foodservice to ensure the benefits of...
Festive shopping and inflation boost supermarkets
Supermarket sales have increased in value by 3.1% year on year, due to Christmas being just around the corner and grocery inflation, which now stands at its highest level since 2013, at 3.6%. According to Kantar Worldpanel, the biggest four grocers (Tesco,...
