James Nurse

Poultry producer completes acquisition of wholesale food supplier Central Foods. FOOD producer the Gressingham Foods Group of Companies has completed its acquisition of Northampton-based wholesale frozen food supplier Central Foods. Read more: https://lnkd.in/e9mfwaYq #Aquisition #NorthamptonshireBusiness #BusinessTimes #FoodandDrink

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Looking at Morrisons as a share is interesting, too. The dividend yield is a stonking 7.24% and the P/E ratio is only 9.5. Seems cheap as chips. However, you should think carefully before investing in this share. I have no current plans to do so, even though it’s trading around the level of its Net Asset Value (NAV). Take a look at how much the share price has dropped over the last six months and over the last year. Just over a year ago the share was trading at 312p. Six months ago it was 250p. I believe Morrisons will be effected quite a bit more than Sainsbury’s by Aldi, Lidl and other discounters. Sainsbury’s has many more stores, including convenience stores, located in London and the South East. And the shopping experience is different in Sainsbury’s, too — some Sainsbury’s have a pharmacy and even a bank to pull customers in and retain them. What’s more, Sainsbury’s online offering is more advanced than Morrisons.

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It's great to see Morrisons latest announcement that it will increase its frozen food temperatures from -18°C to -15°C in 10 stores as part of a trial to meet its #NetZero goal by 2035. By increasing temperatures by just 3°C, they can cut energy and carbon while maintaining food quality and safety. A study has found that this shift could reduce energy consumption by up to 11%. 📉✅ An excellent example of small changes organisations can make across the frozen food supply chain to help achieve our net zero goals. 🌎💡 Read the full story 👇 https://lnkd.in/ejcN4vjQ.

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🚜 Morrisons is championing British farmers with its new “Tractor Tuesdays” initiative, offering a 25% discount on food and drink in all its cafés nationwide. READ MORE: https://ow.ly/L2xT50UlspO

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MHA’s corporate finance and tax teams collaborated to deliver the successful disposal of our client CENTRAL FOODS GROUP LIMITED to Gressingham Foods.   Central Foods is the UK’s foremost independent frozen food distributor to the UK hospitality sector renowned for its high-quality service and extensive range of brand and own-brand frozen products, with annual revenues in excess of £50m. Following strong interest from international suitors, Gressingham Group was selected as a partner owing to its market reputation and strong cultural fit. The acquisition opens a new market category for Gressingham Group which will enhance its presence in the foodservice sector and facilitate a more comprehensive offering to food wholesalers.   James Lawson and the MHA Corporate Finance team are proud to have supported Central Foods’ founders to deliver a transaction which enables them to achieve their personal objectives, and we look forward to seeing the new partnership with Gressingham Group continue to grow from strength to strength. 🔗https://lnkd.in/en8fSChW #CorporateFinance #MHACorporateFinance #GressinghamGroup #CentralFoodsGroup

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📣 If you've got some good news you want to share with the meat industry sector, why not shout about it? Send us your stories and we might publish them on our website, in our newsletter or in Craft Butcher magazine! 📰 Email: [email protected] #NationalCraftButchers #NCB #CraftButchers #Butchers #ButchersLife #TraditionalButcher #LocalButcher #News

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Online marketplaces and vape producers will soon be paying their fair share towards the cost of recycling waste electricals, from toasters to vapes and hair curlers, levelling the playing field for UK retailers, Circular Economy Minister Mary Creagh has announced. Ensuring large online retailers pay their fair share is fairer for UK businesses who already pay to cover the costs of recycling. #Electrical #ElectronicWaste #UK #UKGovernment

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This is true partnership between a retailer and its suppliers 👏 Here are a few things that Lidl GB is doing in the British Pork sector: 🐷 Adopting an open-book producer costing model for pork producers, incorporating on-farm production costs, ensuring minimum producer volumes, and providing a fixed margin for farmers 🐖 Launching a new trial that involves the use of 3D cameras to monitor enrichment interactions, with the data used to further improve welfare 🐷 Committing to evaluating the carbon footprint of all farms in its pork producer group and implementing strategies to reduce emissions 🐖 Allocating £250,000 to support river health and water quality in at-risk GB catchments #porkindustry #ukpork #britishpork

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🛒 Morrisons has introduced a 25% discount for farmers in all its cafés every Tuesday from tomorrow, 3rd December. 🚜 ‘Tractor Tuesdays’ aim to bring farmers together as well as make the farming industry more visible to customers shopping in stores for the food they produce, the retailer said ☕ https://lnkd.in/e6hP35PJ #TractorTuesdays #Morrisons #FarmToTable #Farmers #BritishFarming

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As consumers continue to demand more transparency regarding the origin of food and its production methods, the UK government’s Department for Environment Food and Rural Affairs has initiated a consultation on reviewing food labelling standards, with a focus on backing British farming.   This initiative aims to empower consumers to make more informed choices about the products they purchase by ensuring labels provide clear insights into food’s provenance and processing techniques.   Find out more in Packaging Gateway.   #FoodIndustry #FoodManufacturing #FoodOrigin #Labels #Manufacturing

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I am so pleased I recently was able to showcase to another work experience student, what life is like in the food industry as a nutritionist, as well as the wider collaborations we make within a business. Working in #health and #nutrition we need a multitude of departments to support and help us deliver our ambition(s), as it’s wider and more complex than people realize. Being able to show first hand the positive impact and influence #nutritionists can make, helps build engagement and awareness for the next generation. #nutrtitionistsinindustry #nutrition

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Scotmid expands alcohol-free beer selection with local brewery partnership From 28 December 2024, Scotmid will stock Aberdeenshire based Burnside Brewery’s alcohol-free “Right to Roam IPA” and “Wayfinder Lager” in all its stores, providing award-winning craft beer options to those who like to enjoy a celebration without the moderation. Read more: https://lnkd.in/eERV4NvD Scotmid Co-operative Burnside Brewery Steven Addison Steven Lewis Margo Macnab

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Good advice

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See below for a copy of the press release issued last week regarding the current Farm Assurance Review taking place......#farmers #farming #farmassurance #supplychains #retailers #tradebodies #consultation #commissioners #review #transparent #independent - let me know if you would like to engage with myself, Promar colleagues and/or the Commissioners during the work

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What do these 3 things have in common? 1.The ALDI supermarket checkout 2.Usain Bolt 3.The IT Works Recruitment team …Speed of delivery! Before you say it ✋ 🙅‍♀️ No, we won't have you dodging your weekly shopping like at ALDI's supermarket checkouts 🙅‍♂️ Nor will we be putting you through any gruelling training sessions ahead of an Olympic debut But what we DO is connect speed of delivery with quality of service. They say all good things come in 3's… and that's exactly what our numbers show. ⏱️Our average time to fill a role is only 3 DAYS!!! Looking for quick skillset solutions tailored to your requirements? We're the connecting experts who deliver! Check out our service offerings 🔗 https://lnkd.in/eJqUjveK #ITWorksRecruitment #ConnectingExperts #Recruitment #employers

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