Food industry news of the week - McCormick ends interest in Premier, Mars' advice for consumers, Raisio offloads licence to UK cereal lines
McCormick & Co. this week walked away from the negotiating table, ending its interest in UK group Premier Foods plc. Raisio, the Finnish food maker, after feeling the pressure in the UK breakfast cereal sector, handed the licence to Honey Monster and Good Grain to local firm Brecks. And Mars surprised the sector by revealing it would advise consumers to only meet some of its food occasionally as part of a series of health-focused initiatives.
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