Food and Drink Federation Awards Open for 2018 Ceremony

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The 2018 Food and Drink Federation Awards have been officially opened today, the 21st November, for and business in the food and drink business waiting to celebrate their achievements or the hard work of talented individuals at their company.

The Food and Drink Federation Awards offer the entrants a chance to showcase the exciting work that has been carried out by teams and individuals working in a range of different areas, such as exports, environmental leadership, education and health. For the 2018 Awards there will also be two new categories available for submissions; the Brand Launch of the Year and Packaging Initiative.

The awards are free for companies and individuals to enter and the winners will be announced at a prestigious Awards ceremony. This event is expected to be hosted next year by the British journalist and food critic Jay Rayner. The Ceremony will be held at the Lancaster Hotel in central London on the 20th September.

The Food and Drink Federation Awards, also known as the FDF Awards, are quickly becoming known for their celebration of excellence, with the Awards turning into a mark of industry excellence for companies and projects while also working to recognise the achievements of talented people that work in the sector. The Awards are held and run for the industry, by the industry and is available to companies in the food and drink industry of all sizes. The Awards are open to wholesalers, retailers, restaurants and wholesalers, or simply any operator in the UK food chain.

There are company and individual awards categories has part of this scheme. The individual Awards include Apprentice of the Year, Rising Star and Food and Drink Scientist of the Year. The company categories include Campaign of the Year, Community Partner, Education Initiative, HR Initiative, Innovation and Emerging Business.

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Yo! Sushi Acquires Bento Sushi

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YO! Sushi, the well-known, iconic Japanese restaurant group has announced today that they have acquired Bento Sushi. Bento is North America’s second largest sushi brand. This new acquisition will give the Japanese company a global, multi-channel and multi-brand sushi platform. The acquisition deal that is taking place values Bento at CAN $100 Million and has been facilitated by Mayfair Equity Partners, who have been working with the YO! Management team as a part of a management buyout that took place in 2015.

Bento Sushi was first founded in Toronto in 1996 by Ken Valvur. The company is the second largest sushi brand in North America and the largest brand in Canada. The business trades from more than 600 locations and also supplies sushi to an additional 1,700 partner sites. Bento operates across a range of different formats, and this complements YO1’s existing proposition and operations. The different operations on offer include quick service restaurants, on-site kiosks in supermarkets as well as a range of other food service locations and a number of production facilities that work to create sushi and supply it to grocery and other institutional food service clients throughout North America.

Bento has seen strong growth and has delivered a compound sales growth of 16% over the course of the last three years. The company and its licensees employ more than 2,000 highly trained sushi chefs and works to deliver more than 20 million sushi portions every year. This acquisition is a great opportunity for the company to join the Board of Yo! And become significant shareholders in the combined group.

Yo! has an international restaurant network across Europe, the Middle East and Australia. The entire combined business has developed over the years in order to become one of the largest sushi companies in operation outside of Japan. The company has helped to provide and international, multi-brand, multi-channel offering. The Yo! Sushi brand is also very well place in order to benefit from the continuing increase in consumer interest in healthy, provenance-rich foods. The acquisition will help to create synergies and lead to the continued growth of both businesses.

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