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Princes Group has today appointed Giuseppe Mastrolia as Interim Chief Executive Officer. The transition comes as Simon Harrison departs the business following a successful five-year tenure with Princes Group, including the last two years as Chief Executive Officer. During his leadership, Harrison has been instrumental in guiding the team through significant milestones, including the acquisition...
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We’re incredibly proud to have won a Gold Award for the second year running at this year’s GroceryAid Awards, underscoring our ongoing commitment to supporting colleagues and welfare initiatives across the grocery industry. The GroceryAid Awards are an annual programme run by GroceryAid, the UK grocery industry’s central charity, which has provided financial, emotional and...
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Princes, one of the UK’s leading food and drink groups and since 2024 part of NewPrinces Group, formerly Newlat Food – the Italian company listed in Milan and majority owned by its founder Angelo Mastrolia – is delighted to announce the purchase of the historic Royal Liver Building (RLB) in Liverpool as part of a...
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We are proud to have published our first separate Environmental, Social and Governance (ESG) Report. The complex issues impacting our business are some of our global society’s most pressing challenges: modern slavery, human rights, climate change, the depletion of our planet’s natural resources and the ability of families to put nutritious and affordable food on...
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Combined ‘New Princes Group’, of which Princes Limited will be a subsidiary, will aim to achieve €5 billion revenues by 2030 International food and drink group Princes Limited (‘Princes’) today announces that its acquisition by Italian based Newlat Food S.p.A (‘Newlat’) is complete. In May, Newlat announced it had agreed to a £700 million acquisition...
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International food and drink group Princes today announces that Italian based Newlat Food S.p.A (‘Newlat’) intends to acquire the entire Princes Group (‘Group’) from Mitsubishi Corporation, encompassing all current operations and brands in an agreement valued at £700m. Chief Executive Officer Simon Harrison said: “This is an exciting prospect for Princes, and we are delighted...
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We lit up our iconic Liverpool head office to mark this week’s GroceryAid Day. The multi-coloured lighting up of the historic Royal Liver Building in the heart of Liverpool city centre is a high-profile way to celebrate GroceryAid’s support of colleagues working in the grocery industry. GroceryAid has been providing free and confidential emotional, practical...
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International food and drink business Princes Group has today appointed Simon Harrison as Chief Executive Officer. Since his appointment as deputy Managing Director in June last year, Princes has seen growth across all key business units and has also successfully acquired a number of major strategic customers, which the business says has led to record...
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We are delighted to publish our latest Business Report which encompasses business information on our approach, our people, brands, sites and our sustainability. Every year we publish our Business Report to keep our customers informed of what we have achieved in the previous financial year. This year’s report looks at Operational Excellence, People Excellence and...
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Princes have today published the third edition of its ‘Our Princes – Our People’ Annual Colleague Update. The update celebrates several important steps that have been taken to continue evolving the business’s People Excellence strategy and the ‘Our Princes – Our People’ employer brand that underpins it. The six pillars that comprise the strategy are:...