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The Council is seeking to “simplify" the implementation of existing rules and to postpone their application.
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CEO Darcy Davenport said better-for-you RTD shakes are “one of the fastest-growing CPG categories”, with functionality and GLP-1s playing a part.
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Under the agreement, Müller will acquire all trademark rights of the Elinas and Lünebest brands.
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The deal for London-based Delenco Foods, struck for an undisclosed sum, marks the second acquisition by Red Sky Food Group since its inception in April.
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Nestlé said it "disagreed" with the latest Public Eye report, which the Swiss giant claimed "contains misleading and unfounded allegations".
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“This is not about Tönnies. This is about Bavaria and Bavarian farmers,” Premium Food Group boss Clemens Tönnies said.
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The company’s net sales fell to $13.4m in the first nine months of 2025 from $16.5m a year earlier.
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The project is expected to deliver $20m in annualised operating income, which fell 28% to $84.3m in fiscal 2025.
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