Investor-backed venture Gourmet Italian Food buys snack maker Fabian
The Luise family will retain a minority holding in Fabian.
News
Dole IPO price lower than planned
Trading in the shares of the US-based fruit-and-vegetable supplier is due to start today (30...
Former Pilgrim’s Pride execs, Koch Foods indicted in lengthy price-fixing case
Pilgrim's Pride had previously pleaded guilty to the charges and was fined.
Nestle adds new lines to US plant for Toll House cookie dough
Nestlé said the investment at its site in Wisconsin will create 100 jobs.
Mexican bakery Grupo Bimbo snaps up US cookies maker Emmy’s Organics
The Mexican firm said the deal provides an opening into the better-for-you cookies market.
Arla Foods warns of UK milk shortages from dearth of HGV drivers
The UK government has announced measures to try and address the shortage of drivers.
Food majors back Shiok Meats ahead of cell-cultured shrimp debut
Singapore-based Shiok Meats is developing cell-cultured shrimp, lobster and crab.
Danone to “overhaul” board
The Activia maker said the move was part of changes to how the company is governed, which has already seen the chairman and CEO roles no longer held by one person.
Nestle raises organic growth guidance but margin outlook less positive
CEO Mark Schneider had previously said with respect to organic growth: “We are seeing an opportunity to potentially cross over the 4% mark."
Away-from-home, overseas recovery sweetens Hershey outlook
The US snacks major has upped its forecasts for its sales growth in 2021, pointing in part to a stronger-than-expected rebound in foodservice and in overseas markets.
Kenya’s Unga Group enters deal to sell Ennsvalley Bakery
Unga Group acquired the bakery business in 2004 through a strategic partnership.
