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26 Nov 2021

Plant-based dairy firm Yofix ups B2B focus

Israel dairy-alternative firm Yofix Probiotics, which counts backers including Unternehmensgruppe Theo Müller and Groupe Bel, is focusing more on building a position as a business-to-business supplier, its chief executive has…

25 Nov 2021

UK’s Sykes Seafood acquires local peer Ruskim

UK-based Sykes Seafood has bought local peer Ruskim Seafoods for an undisclosed sum. Sykes, based in Cheshire in north-west England, is a supplier of prawns to retail and foodservice customers.…

25 Nov 2021

Orkla dials back plant-based M&A agenda

Orkla has dialled back its plant-based M&A strategy, suggesting the Nordic group will need to fast-track innovation to deliver on its category pledge. A goal to reach NOK3bn (US$334.5m) in…

25 Nov 2021

South Africa’s AVI confirms Mondelez deal talks

South Africa’s AVI has confirmed it is in talks with Mondelez International about the possible acquisition of its Snackworks division. News reports at the start of the week suggested negotiations…

24 Nov 2021

General Mills signals New Year price hikes

US food major General Mills is the latest manufacturer to signal that price increases on its products are on the way. The Yoplait, Betty Crocker and Pillsbury brands owner has…