Kraft Foods has just outlined its new global development strategy and expects to deliver organic revenue growth of 5% or more, margins in the mid- to high-teens and earnings per
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- Lidl’s five year investment into British food businesses to reach £21 billion Lidl GB is on track to invest a total of £21 billion in the British food industry by the end of FY24, exceeding its original five-year commitment of £15 billion...
- UK Food System Net Zero plan outlines how industry and government can achieve ambitious 2050 emission reduction targets The Institute for Grocery Distribution (IGD) has released the report, A Net Zero Transition Plan for the UK Food System, providing a framework for the food sector to achieve 70% emissions...
- Growing costs present major challenge to Ireland’s foodservice sector – Bord Bia Findings from Bord Bia’s annual Foodservice Market Insights report, show that the Irish ‘out of home’ sector increased by 5.2% in value and overall industry turnover surpassed €9.8 billion across both...
- €500 million sale of Kerry Dairy Ireland to Kerry Co-Operative Creameries Kerry Group plc has entered into an agreement with Kerry Co-Operative Creameries Limited to sell Kerry Dairy Holdings (Ireland) Limited to the co-op for a total expected consideration of €500...
- Belfast-based Cocktail Keg Company secures £1.2 million of investment to grow its business A Belfast company, which creates the world’s only freshly batched cocktails, has attracted £1.2 million in funding to grow its business from the Investment Fund for Northern Ireland (IFNI), managed...
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