The UK released its delayed plan to tackle child obesity in England, while India put forward changes to the rules over what goes into chocolate. On our M&A pages, we reported on another deal outside the Philippines for Universal Robina Corp. and investment in Nigerian biscuit firm Beloxxi. And Hain Celestial saw its shares tumble after admitting it needed to review its accounting practices. Click on the headlines for more.
Russia mulls end to Turkey food import curbs
Russia is considering lifting its restrictions on the imports of food and agricultural products from Turkey.
Go deeper with GlobalData
Childhood obesity strategy announced for England – reaction
The long-awaited – and delayed – strategy to combat child obesity in England has been released by the UK’s Department of Health today (18 August). The Government expressed “confidence” its measures would reduce the number of children who are obese. Industry criticised a voluntary target to reduce sugar and the reception from campaigning circles was mostly negative. Here’s a flavour of the reaction.
Hain Celestial delays FY results amid review of concessions
Hain Celestial, the US group behind brands including Tilda rice and Ella’s Kitchen baby food, has pushed back the publication of its annual results, with the company reviewing the payment of concessions to distributors in the US.
India moves to allow vegetable oil in chocolate
Importers in India today (16 August) welcomed the release of new draft standards for chocolate that would allow the inclusion of vegetable oil as an additive.
See Also:
Universal Robina Corp. to buy Australian group Consolidated Snacks
Philippines-based food and beverage group Universal Robina Corp. (URC) said today (17 August) it plans to buy Consolidated Snacks Pty Ltd, the company behind Snack Brands Australia, for AUD600m (US$458m).
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataSir Bob Geldof among investors in Nigerian biscuit firm Beloxxi
Nigerian cracker maker Beloxxi is to expand production backed by an US$80m package of support from international investors including Germany’s government-owned development bank KfW and a private-equity firm chaired by Sir Bob Geldof.
Vinamilk on radar of M&A-hungry Fraser and Neave
Fraser and Neave, the Singapore-based food and beverage group, is open to upping its stake in Vinamilk, Vietnam’s largest dairy company.
High Liner Foods to sell scallop business to Blue Harvest Fisheries
Canada-listed High Liner Foods has agreed to sell its scallop business to US group Blue Harvest Fisheries.
2 Sisters Food Group starts talks over jobs at UK pizza plant
2 Sisters Food Group, the UK manufacturer, has opened talks with employees at a domestic pizza facility after losing a contract to make own-label products.
