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The Pillsbury maker’s shares dropped yesterday (18 March) as General Mills maintained guidance for weak sales, profits and EPS.
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The snacks giant has swooped for a business centred on protein bars.
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Bain Capital-backed Valeo said Prestige marks its eighth acquisition since 2022.
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Celtrade is a private-label manufacturer for retail, foodservice and industrial customers.
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Executives from Danone, Tine and Valio are set to speak at this year’s Dairy Innovation Strategies conference in the Dutch capital.
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The future of Unilever’s presence in food is in the spotlight once again. Industry watchers suggest it’s likely Unilever will one day quit food but argue there’s no need for urgency.
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Freshpet told the advertising body it “will comply” with the self-regulatory body’s recommendations.
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The family-owned company said Panrico will add “greater production capacity in a key category, especially in the sliced bread segment”.
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