How will Greencore’s prospective £1.2bn acquisition of Bakkavor impact the wider food manufacturing sector in the UK? And could it face regulatory pushback?
Read the full article the Food Manufacture website
NAM Implications:
- Patently a mix of Ppportunities & Threats.
- The key has to be the 2x size increase in terms of negotiation with the mults.
- And given this is an own label environment…
- …where consolidation means less wriggle-room for major retailers.
- Better supplier-retailer deals should result…
- …meaning more funding for innovation and development.
- Finally, the two companies are largely complementary.
- So a bigger, bolder, and more efficient Greencore should result…
