date:Sep 25, 2012
Britains food and drink manufacturing sector can expect further consolidation over the coming year, according to a leading corporate finance expert.
Overcapacity within the sector, rising input costs and retail cost reduction pressures on suppliers will prove to be major drivers behind much of this consolidation, said Trefor Griffith, head of food and beverage at accountancy firm Grant Thornton.
If you look at almost every category, there has to be consolidation because there are businesses th