Synlait Milk shares curdle after profit warning
Synlait Milk has issued a profit warning, with the New Zealand dairy business warning investors it could report a first-half…
All articles by Kuldeep Jha
Kuldeep Jha
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Tabasco sauce owner Mcllhenny hires new CEO from Nestlé
McIlhenny Company, the US-based manufacturer of Tabasco sauce, has appointed Nestlé executive Adam Graves as its new CEO. He replaces…
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LT Foods shelves Global Green Europe deal after Hungary veto
India’s LT Foods has scrapped its planned takeover of Global Green Europe after the Hungarian government blocked the transaction. In…
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MK Group buys Fortenova’s Dijamant oils business in Serbia
Conglomerate MK Group has agreed to purchase Serbian edible oils manufacturer Dijamant from Croatia’s Fortenova Group. The deal was announced…
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Lactalis to close Australia plant
French dairy multinational Lactalis is shutting a dairy manufacturing site in Australia. In a statement yesterday (20 January), the company…
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Grupo Bimbo buys Joy Food in Morocco
Grupo Bimbo has agreed to buy Joy Food International, a producer of industrial bread in Morocco. The transaction will be…
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Vion closes meat plant in Germany after sale blocked
Vion Food Group will “permanently” close its deboning facility in Hilden, Germany, after competition authorities blocked the proposed sale of…
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Eshbal starts North America production
Israel’s Eshbal Functional Food has contracted Canadian company Queen St Gluten Free to produce its gluten-free products for the North…
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Portugal’s Cerealis, Better Foods to merge milling operations
Portuguese firms Cerealis and Better Foods have agreed to combine their milling activities in a new jointly owned business. The…
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Nutriment enters Poland with Zoo Factory takeover
The Nutriment Company (TNC) has acquired Zoo Factory, a Polish distributor of “premium” pet treats and pet food. The companies…