The announcement from the US Food and Drug Administration of voluntary targets to cut sodium intake in the country caught your eye, as did news Russia could extend its embargo on certain food imports for over another year. Our M&A pages featured Unilever offloading another asset from its food and beverage business and Mexican dairy producer Grupo Lala adding to its operations.
Russia’s agriculture ministry is drafting a decree that will extend the country’s ban on imports of a wide range of food imports from the EU, US, Canada, Australia and Norway until 31 December 2017.
The Russian government has decided to slightly relax its embargo on imports of food and agricultural products, with an adjustment centred on baby food.
The World Health Organization has called for the tightening of regulations that govern the marketing of food to infants and young children, including the marketing of follow-on formula.
The US Food and Drug Administration today (1 June) outlined its bid to reduce the average salt consumption from 3,400 milligrams per person per day to 2,300mg.
The Italian government has signed a legislative decree making origin labels mandatory for milk and dairy products sold in Italy.
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Grupo Lala has struck a deal to acquire the US branded assets of dairy business Laguna Dairy to expand its offering north of the border.
Unilever is to offload Latin America soy beverage business Ades to Coca-Cola Co. and Coca-Cola FEMSA, the soft drinks giant’s Mexico-based bottler, in a deal worth US$575m.
Hershey has appointed Michele Buck, the head of its business in North America, to the newly-created role of COO.
France-based foodservice business Elior Group has struck a deal to buy Preferred Meals, a US firm that supplies educational establishments and care homes for the elderly.
Fonterra has rebuffed talk CEO Theo Spierings may step down from the helm of the world’s largest dairy exporter.