The US food sector saw another major takeover this week with Pinnacle Foods agreeing to pay US$975m for free-from group Boulder Brands. The country could soon see another, with Thai Union Group saying there are “serious” buyers lined up for Chicken of the Sea – a business it is willing to sell to secure another US asset, Bumble Bee Foods. And, ahead of the climate change talks in Paris next week, Unilever announced plans for its operations to be “carbon positive” in 15 years.
Pinnacle to buy Boulder Brands in $975m deal
Pinnacle Foods has announced a deal to buy fellow US food group Boulder Brands for US$975m.
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Thai Union says “serious” suitors lined up for Chicken of the Sea
Thai Union Group has said companies have been lined up to buy US asset Chicken of the Sea should the Thai group’s move to acquire another canned seafood business in the country, Bumble Bee Foods, goes through.
Unilever sets 2030 carbon positive goal
Unilever has announced a deadline of 2030 to become carbon positive in its operations.
Nestle responds to forced labour in Thai seafood supply
Nestle has issued an action plan to tackle forced labour and other human rights abuses in its supply of seafood from Thailand.
See Also:
Stevia gets clearance for use in India
Food and drink products on sale in India can contain high-intensity sweetener stevia after the country’s regulator approved the use of the ingredient.
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