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Lifeway's largest investor has called on the US kefir maker's shareholders to vote against the company's nominees for board roles at its annual meeting on 17 June.
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The infant-formula maker said Lockwood-Taylor’s conduct “was not consistent with the company's code of conduct and core values”.
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Sales in four of Europe’s largest markets for plant-based food – Germany, Italy, France and Spain – grew by value and volume in 2025, according to think tank The Good Food Institute.
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Tillamook operates two manufacturing facilities in Oregon and employs around 480 people.
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Under the new agreement, Nestlé has lowered the number of job cuts to "a maximum of 242 positions", a 20% drop on its initial plan.
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Current COO Devin Cole is retiring from the US meat giant.
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In October, Mr Boparan acquired another UK baker, Roberts Bakery, weeks after the business filed a so-called Notice of Intention (NOI) to appoint administrators.
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The dairy major plans to increase capital expenditure to “lean into disciplined high-return investments”.
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