Sector News

Cranswick buys Dunbia Ballymena in Northern Ireland

November 16, 2016
Consumer Packaged Goods

UK food producer Cranswick Wednesday said it acquired the whole of the issued share capital of Dunbia Ballymena for cash, to enhance its pig processing capability and establish a significant presence in Northern Ireland.

The acquisition, which is being funded from Cranswick’s existing debt facilities, is expected to be earnings neutral in the current financial year and earnings enhancing in FY18.

Dunbia Ballymena, a Northern Irish pork processing business, currently employs 360 people and processes around 7,800 UK farm assured pigs each week.

Source: RTT News

comments closed

Related News

March 24, 2024

Aldi’s new flat and stackable wine bottles “make light work of heavy shopping baskets”

Consumer Packaged Goods

Collaborating with Packamama, Aldi has rolled out the “UK’s first” supermarket own-brand flat wine bottles within its Chapter & Verse label. The recyclable ergonomic packaging concept is made from 100% recycled PET (rPET) and available for shiraz and chardonnay options.

March 24, 2024

Health, sustainability, and a taste for adventure drive snacking behaviors: Mondelēz State of Snacking report

Consumer Packaged Goods

For the fifth year in a row, global consumers expressed a preference for snacking over traditional meals, with six in 10 consumers saying they’d rather eat several small meals throughout the day than a few large ones, according to the fifth annual State of Snacking report from Mondelēz International. Nearly nine in 10 (88%) consumers snack daily.

March 24, 2024

Shareholders challenge Nestlé to increase sales of healthy foods

Consumer Packaged Goods

The shareholders are urging Nestlé to set a target to boost the proportion of its sales from healthier products amid concerns regarding regulatory, reputational and legal risks faced by the company, as well as the public health implications “associated with an over-reliance on less healthy foods”.

How can we help you?

We're easy to reach