Latest food industry news & insights

US snacking giant Mondelez International has made a second investment under its newly-launched SnackFutures enterprise.

Nestle reveals advances in US frozen food, Brazil as Q1 sales rise 18 Apr 2019

Nestle booked first-quarter sales that beat market expectations, describing the period as a "solid start" and calling out particular areas of growth.

Danone's venture fund takes control of Michel et Augustin 18 Apr 2019

French dairy giant Danone has increased its stake in local biscuits-to-beverages maker via its venture capital fund.

Meat supplier OSI Group acquires peer Rose Packing in all-US deal 18 Apr 2019

OSI Group, the US meat supplier, has revealed that it has acquired a local peer for an undisclosed sum.

Premier Foods 'expected to explore break-up' 18 Apr 2019

Premier Foods has reportedly hired bankers at an advisory firm to explore what might amount to asset disposals.

AGT seals the deal as takeover details revealed 18 Apr 2019

Canada's AGT Food and Ingredients is to be taken over by a group of investors led by its management, it has revealed.

Bubs Australia forges equity-linked alliance with retailer Chemist Warehouse 18 Apr 2019

Bubs Australia has entered into a four-year strategic alliance with a local retailer that will see it taking a stake in the infant formula and baby food maker.

Hershey appoints Steve Voskuil new CFO in leadership shake-up 18 Apr 2019

US confectionery giant Hershey has shaken up its leadership team in an attempt to take the business "to the next level".

Ukraine's MHP completes poultry plant expansion 18 Apr 2019

New products - Granarolo debuts La Merenda della Lola snack kit for kids; Perfetti van Melle expands Mentos brand; Gressingham launches venison, wild boar range; Dole unveils salad kit line in the US 18 Apr 2019

Ukraine-based agri-food group MHP said it has completed the second-stage expansion of its poultry complex in the city of Vinnytsia.

just-food.com

This week's batch of new products includes a range of Mentos chewy mints from Perfetti van Melle, and a new kids' snack kit range from Italy's Grnarolo.

EU threatens tariffs on food items as trade spat with US rumbles on 17 Apr 2019

The European Commission has identified US$20bn worth of tariffs it can impose on US exports - including many food items - in an on-going trade dispute with America.

Irish food groups lay down targets under newly-formed Plastics Action Alliance 17 Apr 2019

Plastics Action Alliance, a newly-formed environmentally-friendly food group, has laid down specific targets to eliminate single-use plastics.

US meat snacks firm Stryve Biltong raises millions in funding round 17 Apr 2019

US meat snacks business Stryve Biltong has outlined development plans after revealing it has raised millions of dollars in a Series B investment round.

US-based Indian-cuisine supplier Maya Kaimal Foods gets investment from private-equity firm North Castle Partners 17 Apr 2019

US private-equity firm North Castle Partners has invested in a local supplier of Indian-cuisine foods.

Nestle invests $54m in Philippines milk drink plant 17 Apr 2019

Nestlé has opened a new manufacturing plant in the Philippines, extending its investments in the country over the past five years.

Bubs Australia offloads NuLac's Coach House Dairy brand to The Remarkable Milk Company 17 Apr 2019

Bubs Australia has reached an agreement to offload "certain assets" acquired when the infant-formula and baby-food maker snapped up NuLac Foods.

VBites takes a chunk of fellow UK vegan business Onist 17 Apr 2019

UK plant-based food business VBites has acquired a stake in a local vegan start-up for an undisclosed sum, it has announced.

Paradise to sell candied fruit assets to Seneca Foods 17 Apr 2019

Seneca Foods, the US packaged fruit-and-veg supplier, has snapped up another candied-fruit business in its domestic market.

Wells Enterprises buys US private-label ice-cream maker Fieldbrook Foods 16 Apr 2019

Wells Enterprises, the US ice-cream maker, has snapped up a business in the sector in its domestic market.

PE firm SpearCapital takes 40% stake in South Africa's Peries Foods 16 Apr 2019