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Müller said the deal will expand its presence in the “dynamically growing market” for plant-based foods and beverages.
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Quorn delivered positive first-quarter results under CEO David Flochel’s plan for a return to full-year sales growth profitability.
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When Danone published its 2025 results in February, the company said its plant-based business in North America had an “unsatisfactory performance” last year.
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The company’s chief operating officer, Nicolas Catoggio, has been named new president and CEO.
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According to GlobalData figures, Baker McKenzie worked on the most consumer deals in the first quarter of the year.
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Since taking the helm in January, Cahillane has drummed down on driving market share growth in areas by brand that he has classified as "hold", "win" and "win big".
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The Canadian group, which snapped up the discontinued brand from Hain Celestial, is preparing a relaunch.
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Ingenuity Foods markets products “backed by nutritionists and doctors to support brain health and development and overall brain, gut and immune health”, Bel says.
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