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In a statement, employee representatives said “thousands of workers” at Astral's Festive unit have “begun an indefinite strike".
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The Sweden-based oat-drinks maker now expects adjusted EBITDA of $16m to $20m, down from $25m to $35m.
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The company disclosed that 54.27% of ballots opposed the proposal to unseat Coates.
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Ebro also finalised the $17m acquisition of a production plant in Saint Charles, Missouri, for its Bertagni fresh pasta unit.
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As the French giant faced challenges in Mizone hydration drinks in China, CFO Juergen Esser insisted the brand is a strategic fit.
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The nutrition business is investing behind its brands to create long-term value for shareholders.
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The Saudi Arabia-based food and beverage company called the launch an “important milestone that will further diversify” its portfolio.
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Murrells will take over from Simon Wookey, who will step down in June to pursue “a number of other projects”.
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The investment will fund a new production line for chocolate and “high-protein” clusters at the Little Treats Bakery unit.
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