NEWS
Britain chooses sparkling over still
Research by VINEXPO, the world's biggest wine and spirits exhibition, has revealed that within five years the UK will consume more than 126 million bottles of French champagne, Italian Prosecco and Spanish Cava as well as other countries’ fizz, putting Britain in the top spot worldwide for imports of sparkling wine, pushing Germany, the previous leader, into third place after the USA. Overall, consumption of English sparkling
wine will have risen nearly 342 per cent in the ten years from 2007 to 2016. By contrast, consumption of red, white and rosé still wine in the UK is in long-term decline. By 2016 sales of still wine will fall 4.7 per cent to 1.44 billion bottles (120 million cases) from 1.5 billion bottles (125 million cases). The data is revealed in research published by VINEXPO and commissioned from International Wine and Spirit Research (IWSR).
State-of-the-art production
Allied Bakeries have unveiled a new state-of-the-art bread production line in their Stockport bakery. It has come as part of a wider capital expenditure programme, and the bakery has seen over £35m invested in it over the
course of a five-year development scheme. The new bread production line at Stockport will deliver increased productivity; more streamlined working methods and improved staff performance.
Tate & Lyle PLC aim to make innovation easier
Tate & Lyle PLC have launched a dedicated Open Innovations web portal, designed to encourage universities, start-ups and companies specialising in food science to submit proposals which are aligned with their innovation priorities of sweeteners, texturants and health and wellness. By opening the new web portal they hope to
make connections with potential partners easier and to encourage the submission of innovation. Karl Kramer, President of Innovation and Commerical Development said the new portal allows Tate & Lyle to "put all the expertise and commercial resources of Tate & Lyle behind the brilliant ideas of academics, inventors or business partners."
A partnership to Feel Good about
MBG International Premium Brands and UK healthy drinks company, Feel Good Drinks, have announced a new partnership. The agreement will see the MBG take a majority shareholding in the UK juice drinks business. The entrepreneurial collaboration will result in significant international expansion opportunities for the Feel Good Drinks range. The partnership will
also present major opportunities in the UK for MBG International’s range of premium soft drinks. Feel Good’s range of drinks are now available in over 20,000 outlets in the UK and sold in 17 countries overseas. Dave Wallwork and Steve Cooper, the two Feel Good founders will continue to manage the UK business.
Heinz to Girl talk
be acquired H.J. Heinz Company today announced that they entered into a definitive merger agreement to be acquired by an investment con- sortium comprised of Berkshire Hathaway and 3G Capital. Under the terms of the agreement, which has been unanimously approved by Heinz’s Board of Directors, Heinz shareholders will receive $72.50 in cash for each share of common stock they own, in a transaction valued at $28 billion, including the assumption of Heinz’s outstanding debt. The per share price represents a 20 per cent premium to Heinz’s closing share price of $60.48 on February 13, 2013, a 19 per cent premium to Heinz’s all-time high share price, a 23 per cent premium to the 90-day average Heinz share price and a 30 per cent premium to the one- year average share price.
A study by marketing agency Haygarth found that young women are more likely to recommend food brands to family and friends
more than any other category - including beauty and fashion. The findings of the study showed that that women are almost twice as likely to recommend food products over fashion. Food was also placed well ahead of beauty, alcohol and travel in the recommendation stakes, according to the survey of 2,000 25 to 35- year-old women. The survey also found that brand websites and email are people’s preferred channels of communication for food brands, whereas email and social media both sit high on the scale of their preferred channels for beauty products.
DIARY DATES
27 - 28 FEBRUARY EASYFAIRS PACKAGING INNOVATIONS NEC, BIRMINGHAM
www.easyfairs.com/piuk_8728/
Packaging Innovations offers visitors chance for inspiration and sourcing from all the latest developments in the packaging industry.
17 - 20 MARCH IFE
EXCEL, LONDON
www.ife.co.uk
IFE is the UK’s largest food and drink trade event with the entire international food and drink community gathering to source new products, trade and keep pace with industry trends
17 - 20 MARCH PRO2PAC EXCEL, LONDON
www.pro2pac.co.uk
Pro2Pac is the UK’s only biennial
processing and packaging exhibition designed exclusively for the food and drink industry
19 - 22 MARCH IMHX
NEC, BIRMINGHAM
www.imhx.biz
One of the UK's largest materials handling and logistics events, to keep up-to-date with all the latest industry trends and discover the latest material handling solutions.
7 - 8 APRIL THE NATURAL FOOD SHOW OLYMPIA, LONDON
www.website.co.uk
The Natural Food Show is for trade buyers looking to source natural, organic, Fairtrade, sustainable, ethical, free-from and artisan food and drink.
FMCGNews.co.uk | FMCG News | 5
MARCH 1
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