UK food manufacturer Premier Foods has announced plans to acquire South African food producer RFG Holdings through a share swap that will see RFG shareholders collectively owning approximately 22.5% of the enlarged Premier Group. Founded in 1896 in Groot Drakenstein, Western Cape, RFG specialises in convenience foods for local and global markets. Its portfolio includes Rhodes canned vegetables and juices, Pakco curry powders and Man’s Meal pies, alongside private label …
Loading tweets...
Premier Foods
UK food manufacturer Premier Foods has announced that it is investing £19 million ($25 million) in its Ambrosia factory located in Lifton, Devon to increase capacity and improve efficiency. This will be a three-year programme of investment, split into two stages. The first £9 million ($12 million) phase has modernised Ambrosia’s rice pudding and custard operations with a new custard filling line and advanced packing technology, enabling greater efficiency and …
UK food manufacturer Premier Foods has announced the acquisition of Merchant Gourmet, a UK convenience foods brand, for £48 million ($64.6 million). Founded in 1995, Merchant Gourmet is described as having market leading positions in pulses and grains, in addition to offering microwaveable rice and ready meals, with most of its products sold in pouches. Commenting on the move, Premier Foods CEO Alex Whitehouse said: “We’re very pleased to have agreed the acquisition …
UK food manufacturer Premier Foods has announced the acquisition of breakfast brand Fuel10K in a deal worth £34 million ($41.2 million). The Fuel10k range includes granola, porridge, biscuits, and high-protein snacks, and has reportedly recorded strong double-digit revenue growth over the last three years. Commenting on the acquisition, Premier Foods chief executive officer Alex Whitehouse said: “FUEL10K provides us with an ideal platform to accelerate our expansion into the Breakfast …
UK food manufacturer Premier Foods Plc has announced the acquisition of 100% of The Spice Tailor, a maker of Indian and South East Asian meal kits and accompaniments, for an initial consideration of £43.8 million ($52.4 million). In a statement, Premier Foods said the Spice Tailor would benefit from increased levels of marketing investment to drive product awareness and household penetration, new product development resources, and access to Premier Foods’ commercial capabilities …
Premier Foods, the UK food manufacturer, is mulling the sale of its Ambrosia custard and desserts brand as it continues to look at ways of reducing its debt burden. The company made the announcement as it reported a statutory loss after tax of £700,000 ($910,000) for the first half of its financial year, despite growing revenue by 1.3% and seeing trading profit increase by 6.2%. The Ambrosia brand range includes canned and frozen …
Premier Foods, the UK food manufacturer, has announced an extension to its Bisto brand range with the launch of Bisto Foil Bakes. According to the company, each product includes a packet of flavouring mix and a foil bag complete with a steam vent window. Consumers are instructed to use chicken, fish or meat, rub it with the seasoning and then bake in the oven. “The premium foil baking bag infuses the …
Gama spoke to Helen Warren-Piper, Marketing Director, Premier Foods. What key trends do you expect to shape food innovation in 2016? Health, convenience, indulgence and real food are all still key trends that have a major impact on the FMCG market. Other factors influencing food innovation are of course the sugar debate, reduced salt and a push to have products that are free from artificial ingredients. As a leading British …
UK food manufacturer Premier Foods has acquired the remaining 51% of its Knighton Foods joint venture for a nominal sum, according to a report in Insider Media. The joint venture with dry food processor Specialty Foods, was established in 2014 following the transfer of approximately £16 million of private label and business-to-business sales of powdered beverages and desserts from Premier Foods. Knighton Foods, which operates out of a facility in …
McCormick, the US spice and seasoning firm, has announced that it no longer intends making an offer to acquire the UK-based food manufacturer Premier Foods. Premier Foods had reportedly rebuffed three approaches from the American firm before announcing last week that it had entered “constructive” talks regarding a possible takeover. The latest offer put forward by McCormick was said to have amounted to 65 pence a share in cash, or a total …
Copyright © 2020. Gama. All rights reserved. Privacy Policy | Legal Notice
Premier Foods Archives - Gama