Archive of all supplier articles – Page 24
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NewsMüller deal to buy Yew Tree Dairy approved by CMA
The deal is set to expand Müller’s milk powder capabilities in both the UK and export markets
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Comment & OpinionNew Labour government losing goodwill gloss already
There are very few sacred cows Rachel Reeves is reportedly unwilling to slay in what she warned this week would be a “difficult” budget
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InterviewsHow Steve Murrells is making Hilton ‘a great British success story’
Despite turnover of £4bn, Hilton Food Group has a low profile – and is primarily seen as a meat packer. Steve Murrells is on a mission to change all that
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NewsTate & Lyle targeted by US buyout specialist Advent International
Although there is no certainty an offer will be made, it is expected to be higher than Tate & Lyle’s £2.8bn market value
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NewsTesco extends good faith payment system for suppliers
The Good Faith Receiving auditing system essentially assumes most suppliers’ inbound deliveries are accurate, and has been used by several of Tesco’s rivals for a number of years
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NewsInfinite Roots secures £2m to explore whey upcycling tech
The German business is working with the Hamburg University of Technology to develop technology to upcycle whey into a fermentation feedstock for its mycelium, paving the way for the creation of new food ingredients and products
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NewsCity snapshot: Nestlé downgrades growth forecasts on weak shopper demand
Nestlé has lowered its growth expectations for the year after a disappointing third quarter as the world’s biggest food company struggled with soft consumer demand. Plus, Tate & Lyle shares boom on takeover speculation, and Deliveroo and Pernod Ricard report quarterly results
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NewsRed Bull’s fizz finally begins to flatten
The brand’s volume growth eased in 2023 after rising by around 20% for two consecutive years
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NewsVegan Food Group sells German factory to European tofu player
European tofu producer New Originals Company will continue to partner with VFG after buying the Wiesbaum site from the group
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NewsAlara Wholefoods transfers ownership to employees
The business, which makes a range of organic muesli, porridge and bircher, formally moved into the employee-owned trust scheme this week
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NewsVibrant Foods losses improve as turnaround progresses
Losses have narrowed significantly at Vibrant Foods as the private equity-backed group made progress in a turnaround attempt
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Comment & OpinionMeaningful supermarket supplier relationships in short supply
Too many retailer-supplier relationships are transactional at best and exploitative at worst, says Dan Crossley, executive director at the Food Ethics Council
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Analysis & FeaturesCould EPR spark a new crisis for buyer-supplier relations?
‘Robust’ negotiations over pricing are set to be inflamed further as suppliers reckon with the additional costs generated by looming EPR fees
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NewsSoft drinks challengers Nix & Kix and Square Root find rescue deals
Soft drink challengers Nix & Kix and Square Root Soda have secured rescue deals to ensure the survival of the brands after being hit by challenging headwinds in the category
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NewsGreencore investors show continued appetite for shares
Shares in Greencore shot up 10% this week as another profits upgrade led to analysts in the City raising their target prices for the stock
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NewsEPR: hunt for thousands of ‘freeriders’ trying to piggyback on fees
The announcement of the hunt comes with the deadline for the second set of data for EPR having passed last week
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NewsFreshways continues bounceback with 435% leap in profits
Sales also climbed, by 3% to £359m, according to the supplier’s 2023 accounts
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NewsUS port strike effects on European producers could last for weeks, warns Filippo Berio
There is a ‘huge backlog of containers to get through the ports and delivered’, suppliers warn
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NewsPrime Time’s functional beer tempts crowdfunders after Waitrose debut
The raise values the company at £14m
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Comment & OpinionDoes ‘welfare-washing’ RSPCA Assured scheme need a rethink?
Another week, another crisis for the RSPCA Assured scheme