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 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...
Tulip takes over UK pig producer Easey Holdings Ltd
Tulip Ltd, part of the Danish Crown group, has announced its acquisition of UK pig producer Easey Holdings Ltd. The takeover was completed on Friday 8th September and Tulip is seeking regulatory approval from the Competition & Markets Authority. Family-owned pig...
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
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...
