Comvita warns of “material” impairment charge for FY25
Manuka honey producer Comvita has warned it could book a “material” impairment charge for the 2025 financial year concluding at…
All articles by Shivam Mishra
Shivam Mishra
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Bega Group eyes Fonterra’s Oceania business assets
Australian food and dairy company Bega Group intends to seek “informal merger clearance” from the country’s competition watchdog for a…
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ABF’s New Zealand unit eyes milling assets
Associated British Foods is looking to acquire wheat milling and storage facilities owned by Farmers Mill in New Zealand. On…
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UK food, drink export revenues rose in Q1 but volumes flat
UK food and drink exports rose in value in the first quarter but volumes were flat amid a "continued struggle"…
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PepsiCo stops production at another Frito-Lay site
PepsiCo has halted production at a Frito-Lay processing plant in southern California after five decades of operations. In a brief…
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Olymel invests in Canada plant expansion but closes two others
Canadian pork and poultry producer Olymel is expanding its La Fernandière plant in Trois-Rivières, Quebec, with a C$142m ($103.7m) investment. …
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JM Smucker outlines snacks strategy after fresh impairments
JM Smucker is "narrowing our priorities" for its sweet snacks division after the Twinkies maker booked another set of impairments…
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Maggie Beer to divest dairy arm
Australian Maggie Beer Holdings has agreed to sell its dairy subsidiary, Paris Creek Farms, to local group Katoomba Global Foods…
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United Natural Foods cyberattack disrupts services and systems
US grocery wholesaler and retailer United Natural Foods (UNFI) has taken “certain systems” offline following a cyberattack. In a stock-exchange…
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Manuka honey firm Comvita names Karl Gradon new CEO
Comvita has appointed Karl Gradon, a former CEO of a rival Manuka honey producer, as its new CEO. The company, headquartered…