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Quorn grapples with “structural challenge” in foodservice

Quorn CEO David Flochel said out-of-home is seeing “significant cost pressure”, while demand is suppressed in quick-service restaurants (QSR).

Latest news

Arla warns skills gap poses “food resilience” risk

Arla said 82.4% of respondents with vacancies reported that “very few or no applicants for the role have the right skills”.

Nomad Foods slashes EPS forecast on debt restructuring

“The second quarter marked an important step forward for Nomad Foods” – CEO Dominic Brisby.

Vafo notches up another acquisition with Pets Deli

Vafo said the deal “strengthens” its position in Germany and adds a "digital growth platform” to its portfolio in Europe.

Apetit issues profit warning as hot weather hits peas

Apetit said its Swedish frozen pea harvest target will be “missed clearly due to the challenging weather conditions during the growing season”.

“No big change in strategy” under new JBS CEO – key takeaways from leadership transition, Q2 results

JBS USA chief Wesley Batista Filho will take the global CEO reins from Gilberto Tomazoni in January.

Beyond Meat launches reverse stock split

The company received a delisting warning from Nasdaq in March when its shares had traded below the $1 threshold for 30 consecutive business days.

B&G Foods sets sights on M&A following disposals

Robert Mills was announced as new CEO this week following Casey Keller’s retirement.

Gay Lea Foods ploughs investment into cottage cheese expansion

The dairy producer said the investment will help add “advanced” processing technology at its Clayson Road site in Toronto.