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Food & Beverage news in the UK | Page 2
An overview of news, trends and research in the Food & Beverage industry in the UK:
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No news found.
Innocent’s pulled TV ad: What we can learn about greenwashing?
For some, it might seem particularly challenging that Innocent Drinks faced a very public case of what looked like ‘greenwashing’ after the UK’s advertising watchdog banned one of its adverts.
16 March 2022
Sustainable consumption a £150 billion opportunity for UK retail
With consumers more concerned than ever by the impact products have on the environment, companies are beginning to feel the pinch of sustainable-focused consumption.
24 February 2022
Smith & Williamson sells snack brand out of administration
The Livia’s snack brand has been rescued from administration, via a sale to investment firm S-Ventures.
24 February 2022
Fine dining firm appoints FRP for administration
Corbin & King, a company operating several of London’s fine diners, has been placed into administration. Experts from FRP Advisory will now look to sell off the company’s assets.
28 January 2022
Interpath appointed to Leicestershire food firm administration
Simtom Food Products has named Interpath Advisory as the firm to oversee its administration. The news jeopardises around 100 jobs across Leicestershire.
17 August 2021
Pho sells majority stake in business to TriSpan
The TriSpan-owned Rising Stars restaurant fund has purchased a majority stake in London-based street food chain Pho.
05 August 2021
Marketing restrictions could cost food and drink players $500 billion
Marketing restrictions could be set to wipe billions off the enterprise value from major brands in the alcohol, confectionary, savoury snacks, and sugary drinks industries.
22 July 2021
Cultivated meat could be $25 billion industry by 2030
Cultivated meat products could help the global food industry reduce its carbon footprint, and provide consumers with more choice and flavour, according to a new study.
19 July 2021
The dealmakers that advised on Bain's acquisition of Valeo Foods
Irish food business Valeo Foods Group has been acquired by Bain Capital, in a deal that is estimated to be around £1.5 billion. The deal was advised upon by 10 professional services firms.
19 May 2021
Brexit expected to lead to higher food prices for consumers
As UK grocery stores already suffer supply shortages following the UK’s exit from the European Union, analysis from global consultancy OC&C Strategy Consultant suggests that food prices will see a hi
02 February 2021
CIL and KPMG advise CapVest on acquisition in pet food sector
Pet food manufacturer Inspired Pet Nutrition has seen its ownership shift from one private equity firm to another.
08 January 2021
Consultants help Unilever sell parts of Italian food brand Bertolli
Unilever has sold parts of its Bertolli brand to Enrico-Glasbest, continuing a long process of dismantling and divesting the unit.
06 January 2021
innocent Drinks selects Atos as digital partner
Global professional services firm Atos has landed a contract with innocent drinks to deliver an end-to-end technology solution for the company’s first carbon neutral factory in the Port of Rotterdam
05 October 2020
KPMG appointed by Caffe Nero to find savings
KPMG is understood to be working with Caffe Nero to help the ailing chain negotiate rent cuts.
14 September 2020
Just quarter of diners comfortable with eating in restaurants
A surge in popularity for home cooking, and lingering fears regarding the public health emergency of Covid-19 mean that the majority of British consumers are unlikely to return to restaurants any tim
04 September 2020
Cooking at home becomes major trend coming out of Covid-19
Covid-19 has affected every facet of modern life, putting many jobs, interests and hobbies on pause throughout the long lockdown months.
28 August 2020
Pret A Manger taps Alvarez & Marsal and CWM for transformation
Dining chain Pret A Manger looks to be drastically shifting its business model to adapt for a new retail environment in the UK.
03 June 2020
Adelie Foods installs Deloitte as administrator
Deloitte has been appointed to administrate UK food and drink firm Adelie Foods, which has collapsed after its finances were destabilised by a series of private equity sales.
02 June 2020
Changing consumer habits will impact the food service sector
60% of Britons feel uncomfortable about going out to bars, restaurants, or sporting events once lockdown is lifted.
27 May 2020
AlixPartners advising Casual Dining Group on restructuring
The firm behind casual dining brands such as Bella Italia and Café Rouge has filed to appoint administrators.
20 May 2020
TheFork's Bookatable influences £700 million in diner spending
As the UK’s restaurant sector looks to turn a corner, following years of stagnation, many in the business are failing to fully engage with online customers.
06 April 2020
Carluccio’s appoints administrators from FRP Advisory
Following a turbulent three years amid the casual dining crunch, Italian restaurant chain Carluccio’s has been forced to appoint administrators.
06 April 2020
MPM Catering appoints administrators from Mazars
Street food specialist MPM Catering has collapsed into administration, just weeks after celebrating its Cook Street brand’s fifth year in business.
28 February 2020
RSM oversees administration of Michelin-starred restaurant
Professional services firm RSM has been appointed to oversee the administration of three Mayfair-based companies within the Marc restaurant group.
05 February 2020
UK’s largest food & beverage companies see performance dip
UK’s largest food and beverage companies have seen their performance dip last year, amid an increasingly uncertain economic landscape and lower levels of consumer confidence.
02 December 2019
McKinsey alumnus Laxman Narasimhan new Reckitt Benckiser CEO
McKinsey & Company is known to be a major breeding grounds for future leaders in the world of business and beyond.
14 November 2019
Five top trends impacting the food and beverage industries
With consumers more knowledgeable about their diets than ever before, with new technology keeping them abreast of their latest nutritional needs and informing them of the environmental impact of thei
30 September 2019
UK restaurant numbers slump for sixth consecutive quarter
The number of licensed premises in Britain is continuing its steady year-on-year decline, with 2,920 fewer such venues than there were just 12 months ago.
22 August 2019
Tricon Foodservice Consultants buys Midlands design consultancy
Tricon Foodservice Consultants has completed a deal to purchase Melton Mowbray-based foodservice design consultancy Grantham Winch Partnership.
14 August 2019
M&A appetite for UK food and drink sector remains despite Brexit
The uncertainty surrounding the UK’s economy does not seem to have slowed the level of merger and acquisitions activity in the UK market.
09 August 2019
Leonard Curtis installed as Spudulike administrator
Insolvency specialists from professional services firm Leonard Curtis have been appointed to oversee the administration of Spudulike.
08 August 2019
5 ways procurement can beef up value in the food service sector
With the objective of improving profitability, operators in the food service sector often deploy strategies to expand and grow market share.
07 August 2019
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