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Tag: UK

Associated British Foods acquires National Milk Records for US$ 60M to boost its animal feed firm, AB Agri

UK – Associated British Foods (ABF), a British multinational food processing, plans to buy local dairy technology firm National Milk Records (NMR) in a deal worth £48m (US$59.6m) to boost AB Agri, its agri-food unit. In an announcement to the London Stock Exchange, Kingsmill bread and Patak’s sauces owner said “AB Agri actively looks to add new, complementary capabilities through…

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Kellogg’s launches two offerings of Coco Pops range with stern compliance to HFSS

USA – Kellogg’s, an American multinational snack and cereal company has launched a new range of non-HFSS (high in fat, salt, and sugar) Coco Pops for the second time this year with the introduction of new Coco Pops Loops and Coco Pops Mega Pops. The milestone comes after losing its 2022 court case against the UK Government’s HFSS guidelines where…

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UK Flour Millers elects Gary Sharkey as the new president

UK – UK Flour Millers, the trade association for the flour milling industry in the UK, has elected Hovis procurement director Gary Sharkey as its new president, World Grains has reported. The appointment took place during the organization’s annual meeting this week in Cambridge. Sharkey, who is a former president of the European Millers Association, is described as a veteran…

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Tornum Group acquires grain dryer specialist JW Installations UK Ltd

UK-Sweedish Tornum Group has recently acquired JW Installations UK Ltd, a specialist in grain dryer plants and associated solutions and a distributor for the Tornum portfolio for nearly a decade. The acquisition is financed through the existing credit facilities of Volati, a Swedish industrial group that acquires and develops strong businesses to create long-term value growth. JWI Ltd is a…

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Carlsberg partners with ADM to enhance regenerative barley in the UK

UK-  Carlsberg Marston’s Brewing Company (CMBC) has partnered with the Archer-Daniels-Midland Company (ADM) to contract the first 23 farmers to grow an estimated 7,000 metric tons of regenerative barley this year. Carlsberg Group is collaborating with three brands in the UK, Finland, and France as part of the group’s new Zero Farming Footprint strategy within its recently launched ESG program, Together…

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Britain passes genetic technology bill paving way for commercial production of gene-edited food

UK- The Genetic Technology (Precision Breeding) bill, which allows the commercial production of gene-edited food in England gained Royal Assent and is now law.   The Genetic Technology (Precision Breeding) Act will only apply in England as the Scottish, Welsh and Northern Irish governments are yet to permit the commercial use of gene editing. Gene editing in England was under the…

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Anpario’s dividends rise amid a 35% fall in profit in 2022 

UK- Anpario PLC’s dividends reached 10.5p, 5.0% higher than 10.0p in 2021, although the company’s profit lowered by 35% to US$4.02 million in 2022, and adjusted EBITDA fell by 25% to US$5.66 million.  The international feed additives manufacturer cited increased production costs and lowering demand for lowered profit in 2022.  Increased production costs were especially high because of supply chain…

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Betagro launches state-of-the-art feed mill as Volac expands its feed additives division

THAILAND – Betagro PLC (BTG), a leading integrated agro-industrial and food company has elevated its supply chain portfolio by launching an advanced feed mill in Nakhon Ratchasima, Thailand. According to the company, the 1.4 billion baht (US$44M) mill is a fully intelligent plant with Internet of Things (IoT) connectivity and automation. The state-of-the-art mill is envisioned to bolster the group’s competitiveness…

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UK’s FSA validates ACI’s application of CBD as a novel food and ingredient 

UK- The Food Standards Agency formally notified the Association for the Cannabinoid Industry (ACI) that its applications for cannabidiol (CBD) distillate and isolate are within the scope of authorization as a novel food. The FSA assessed the toxicology safety data ACI submitted in 2022 and confirmed that it is an appropriate study addressing the safety concerns held by the FSA…

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Kellogg achieves gender parity goal ahead of schedule as Britania eyes 50% of woman workforce by 2024

UK – As the world marks International Women’s Day, Kellogg, a leading producer of breakfast cereal products, has announced that it has reached its goal of having 50:50 male and female representation at the manager level and above in the UK. The member of the LEAD Network (Leading Executives Advancing Diversity) celebrates the achievement which has come three years ahead…

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