CMA blocks Sainsbury and Asda merger

The Competition and Markets Authority (CMA) has prohibited the proposed merger of the Sainsbury’s and Asda supermarket chains on the grounds that it would leave UK shoppers and motorists worse off. Following the CMA decision, Sainsbury’s and Ada have mutually agreed...

read more

Arla UK breaks £2bn revenue barrier

Milk processor Arla Foods has reports UK revenue growth of 3%, taking it over the £2 billion mark for the first time. It also plans to return all profits to producers to compensate for the difficult weather conditions. The company’s UK sales were £2.01bn in full year...

read more

New boss for Arla UK

Milk processor and dairy product manufacturer Arla Foods amba has appointed Ash Amirahmadi as UK managing director from July 1st. He replaces Tomas Pietrangeli who is leaving Arla to become chief executive of the Danish retail group Dagrofa. Mr Amirahmadi first joined...

read more

Supermarket merger concern

The proposed merger of the UK’s second and third largest supermarket chains into a market leading business would have an impact all the way down the UK food supply chain, warns the NFU. Sainsbury's has made a £7.3 billion opening bid for Asda, subject to regulatory...

read more