Premier Foods to close six factories
Premier Foods, the UK's largest food company, said yesterday it
will close six of its 11 factories in a bid to cut manufacturing
Premier on track with RHM integration
The UK's largest food processor, Premier Foods, has reiterated its
financial expectations for the coming year.
Strong trading for Premier as it gears up for RHM takeover
UK food processor Premier Foods remains undaunted by last year's
rising raw material costs and unseasonably warm summer weather -
posting a 12 per cent rise in pre-tax profits in its preliminary
results announced yesterday.
Premier to close two factories in bid to cut costs
In a bid to cut costs, UK-based Premier Foods said it would close
down two of its factories over the next six months, cut about 450
jobs and invest in making three of its plants more efficient.
Premier Foods set to buy RHM bakery
UK food group Premier Foods is poised to consolidate its leading
position in the British snack market with the £1.23bn (€1.8bn)
acquisition of bakery company RHM.
Premier bows out of biscuit bid
Premier Foods has dropped out of the bidding war over United
Biscuits, leaving US equity firm Blackstone as the sole contender
for the European snack giant.
RHM invest in 'healthy' Hovis
Hovis bread, produced by the UK bakers RHM, is to get an expensive
facelift in a bid to strengthen its position as Britain's
Premier Foods makes shrewd UB offer
The UK's Premier Foods is believed to have offered United Biscuits
an initial £1bn bid for its northern European snack food operations
- even though City analysts claim the business is worth £2.3bn.
Hovis healthy range contribute to RHM profit
UK food manufacturer RHM remains undeterred by last year's slump in
Mr Kipling cake sales - their financial second half results show
business is improving with the aid of healthy Hovis products.
Kraft and Premier Foods eye United Biscuits
US food giant Kraft is partnering with Britain's Premier Foods to
launch a bid for United Biscuits, according to industry insiders.
Hovis targets children with new crustless bread
British food group RHM last week announced it will launch a
crustless bread under its Hovis brand, targeted at young children
who only like the soft part of a loaf.
Rank Hovis to slash 680 jobs
Rank Hovis has announced it will cut 680 jobs over the next three
years in a bid to strengthen its position in the £1 billion UK cake