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The country’s combined sales from meat and dairy exports topped £4bn ($5.39bn) last year, according to government data.
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Snacks manufacturing at Rancho Cucamonga ended last year but distribution and warehousing remained.
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“Category growth last year slowed dramatically,” CEO Bill Cyr said, blaming pressure on consumers.
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Laport takes over from Craig Bahner, who has led the bakery business since 2018.
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“We are actively pursuing opportunities to expand not only organically but also through M&A,” president and CEO Christoph Vitzthum said today (23 February).
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CFO Jürgen Esser said sales could be hit by up to 1% in the opening three months of 2026.
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The group's lenders agreed to support a recapitalisation process in December, after a takeover attempt by rival manuka honey group Florenz did not proceed.
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Nestlé to be hit by SFr200m ($257.6m) sales impact from infant-formula recall in the first quarter, adding pressure on margins.
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