Blog: Dean BestNorthern and Ethnic Cuisine: then and now

Dean Best | 23 April 2010

So, we are set to see more consolidation in the UK convenience food business, not on the M&A front but, as Bakkavor CFO Richard Howes predicted on these pages earlier this month, through capacity being taken out of the sector.

The Ethnic Cuisine business in Swansea looks set to close, the latest ready-meals site shuttered or mothballed by Northern Foods in recent months.

Northern acquired Ethnic Cuisine in 2007. Back then, the company described the unit as a “profitable business” with a “strong reputation for producing high-quality ready meals".

However, yesterday, Northern changed tack, with the company admitting that the site was “struggling” at the time of its acquisition and required “significant” levels investment.

The imminent closure of Ethnic Cuisine is unlikely to be the last we hear of downsizing in UK ready meals.

 


BLOG

just-food back up and running

To follow on from our earlier notice and after some hard work from our technical team, just-food is back live after today's power outage....

BLOG

Storm Doris causes power outage at just-food

Much of the UK has felt the impact of Storm Doris today - and just-food's head office has been no exception....

BLOG

Fyffes to face Ethical Trading Initiative disciplinary committee

A year after union officials alleged Fyffes abused workers on plantations in Central America - and called on the produce giant to be kicked out of the Ethical Trading Initiative forum - the company is...

BLOG

Could 3G Capital's next move be in foodservice?

Much of the chatter about where 3G Capital could look next has centred on packaged food - but might the private-equity fund be about to extend its foodservice empire?...

just-food homepage



Forgot your password?