Food for thought

Article Abstract:

Food retailers located in the North of England have been at the leading edge of sector development since 1988, with an emphasis being placed on meeting the growing socio-economic needs of a changing work force demanding higher quality convenience foods. Prepared food specialists Northern Foods produced a turnover of 1,090 million pounds sterling in 1997, with a work force of just over 24,000 people. Dairy and food products manufacturer MD Foods produced a turnover of 365 million pound sterling with a workforce of 2,322 people.

United Kingdom, Northern Foods PLC

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Developing a taste for acquisitions

Article Abstract:

The trend towards globalization is encouraging many UK food and drink companies to consider merger or acquisition deals. Indeed, there have been a number of large deals in these sectors since Aug 1996. There was a 57 million pounds sterling management buy-out at Prize Food Group, for example, while Union Bank of Switzerland supported a 44 million pounds sterling buyout at Ross Vegetable Products. The most significant deal is the planned 9.8 billion pounds sterling merger of Grand Metropolitan with Guinness.

Beer & Other Malt Beverages, Breweries, Malt beverages, Beverages, Distilled and blended liquors, Liquor, Distilleries, Nonalcoholic Beverages, Soft Drink and Ice Manufacturing, Analysis, Management, Acquisitions and mergers, Alcoholic beverage industry, Brewing industry, Soft drink industry, Non-alcoholic beverages

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Food for thought

Article Abstract:

The acquisition of Universal Food, the London dry goods wholesalers, and of Durban, the marketing advisory agency, by Unifood is discussed. Legal and financial details of the deals aimed at improving the quality of foods delivered to chefs in the London area are presented.

Wholesale industry, Wholesale trade, Unifood

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