Manufacturers

Dairy Crest wins 50m-litre contract with Tesco

Dairy Crest wins 50m-litre contract with Tesco

By Elaine Watson

Dairy Crest has picked up a new 50m litre milk supply contract with Tesco but reported a 24% drop in operating profit in its dairies division to £10.9m on the back of higher input costs and competitive pressures.

Adams Food Ingredients invests in new factory

Adams Food Ingredients invests in new factory

By Rod Addy

Adams Food Ingredients (AFI) is investing millions of pounds in a new build factory at its headquarters in Leek, Staffordshire to increase its range of products and services.

Moody’s: R&R Ice Cream well-placed to do more deals

Moody’s: R&R Ice Cream well-placed to do more deals

By Elaine Watson

Ice cream maker R&R is well placed to make further sizeable acquisitions if it continues to improve margins, particularly in its French operations, according to credit ratings firm Moody's.

Arla cottage cheese production, Stourton

Arla keeps City guessing over location of super-dairy

By Elaine Watson

Arla’s 1bn-litre ‘super dairy’ will not – as suggested in press reports this week – be constructed ‘near the western fringe of the M25 between Slough and Uxbridge’, bosses have insisted.

Uniq

Uniq "still viable" despite £436m pension deficit

By Elaine Watson

Uniq is still a viable business despite the £400m+ hole in its pension fund, and it is “still plausible” that a solution will be found to enable it to trade its way out of trouble, analysts have claimed.

Where next for ingredients since Cognis and National Starch?

Where next for ingredients since Cognis and National Starch?

By Jess HALLIDAY

‘Billion dollar deal’ was not a phrase bandied about the food ingredients industry much last year. With BASF buying Cognis for €3.1bn and Corn Products International paying $1.3bn for National Starch, M&A looks to be thawing – but best not get over-excited...

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