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Recent news

Tiger Brands cuts 400 jobs as annual profits plummet 23 Nov 2020

Simon Harvey

South Africa's Tiger Brands has cut hundreds of jobs right across the business as annual profits dropped linked to Covid-19 disruption.

Modern Meat solidifies US entry with Real Vision Foods co-packing deal 23 Nov 2020

Simon Harvey

Modern Meat, a manufacturer of plant-based products and sauces in Canada, has solidified its entry to the US on the back of a deal with JDW Distributors.

New products – Good Hemp adds oats to hemp-based milk range; Mondelez extends BelVita range in Australia; Aunt Millie's unveils Live bread; Jude's moves into custard category 26 Nov 2020

Our selection of new products this week includes new BelVita products in Australia from Mondelez International and US-based Aunt Millie's launching the Live bread sub-brand.

HelloFresh acquires US ready meals firm Factor75 23 Nov 2020

Andy Coyne

German meal-kit firm HelloFresh has acquired a US ready-to-eat meal company in a deal worth up to US$277m.

Meat group Marfrig invests in capacity expansion 23 Nov 2020

Simon Harvey

Marfrig Global Foods, a meat processor based in Brazil, is expanding capacity across two plants in one of its South American markets.

Danone to axe jobs in post-Covid shake-up 23 Nov 2020

Dean Best

The yogurt and baby-food maker wants to build a "local-first" organisation, with the company's CEO insisting the group needed to reinvent itself.

Bega Cheese 'agrees deal for Australia's Lion Dairy & Drinks' 23 Nov 2020

Simon Harvey

Australia's Bega Cheese has reportedly emerged as the buyer of the local dairy and beverages business of Japan's Kirin Holdings.

Aryzta confirms "proposed" offer from fund manager Elliott 23 Nov 2020

Dean Best

Another disclosure from Aryzta emerged this morning (23 November), with a previous suitor apparently still interested in buying the European bakery giant.

Bayn Europe buys sugar-free sauces firm Golden Athlete 23 Nov 2020

Simon Harvey

Bayn Group has continued its acquisition spree outside of its core ingredients business with a binding agreement for a company in Europe.

Reusable packaging – from green to grubby and back again? 23 Nov 2020

David Burrows

Covid boosted single-use packaging, causing concern progress on reusables had been dented. However, high-profile trials are taking place. What lies ahead for reuse and refill?

UK egg group Noble Foods 'eyeing sale of desserts brand Gu' 20 Nov 2020

Dean Best

The owner of The Happy Egg Co. eggs is reported to be looking to offload another of its brands and to have appointed advisers to run an auction.

Aryzta labels talk of new Elliott bid "speculation" 20 Nov 2020

Dean Best

The European bakery giant has responded to a report it has received a takeover bid from US fund manager Elliott Management.

Almarai CEO Majed Mazen Nofal resigns for personal reasons 20 Nov 2020

Simon Harvey

Almarai is seeking a new chief executive to head up the Saudi Arabia-based food and drink business following the departure of its CEO after only 11 months in the role.

Ferrero to expand US chocolate production 20 Nov 2020

Dean Best

The Italy-based food major, which has expanded significantly in the US in recent years through M&A, is investing in its manufacturing in the country.

Century Pacific Food claims first with UnMeat brand in Philippines 20 Nov 2020

Simon Harvey

Century Pacific Food, a meat and seafood products manufacturer in the Philippines, has entered a new category in the protein sector.

Saputo 'no longer in running for Lion Dairy & Drinks' 20 Nov 2020

Dean Best

Dairy giant Saputo is reportedly out of the running to buy another asset in one of the Canada-based group's main overseas markets.

Aryzta announces departure of CEO Kevin Toland 20 Nov 2020

Simon Harvey

Aryzta has announced some senior management changes at the Europe-based bakery business after appointing advisors last week to oversee asset disposals.

US snackers will return to healthier options post-Covid, suppliers say 19 Nov 2020

Dean Best

US consumers who have turned to comfort foods during Covid-19 will again seek better-for-you snacks once the pandemic is over, manufacturers have told an investor conference.

High Road Craft Ice Cream eyes US$100m sales in three years 19 Nov 2020

Dean Best

The US manufacturer, which has just bought another manufacturing facility, has set a date by which it hopes to achieve US$100m in sales. 

Unilever moves to capture growing consumer interest in plant-based 20 Nov 2020

GlobalData Consumer

Unilever is looking to further tap into consumers' interest in plant-based alternatives to meat and dairy products – which has intensified during Covid-19, GlobalData writes.

Old World Spices and Seasonings gets cash injection from Shore Capital Partners 19 Nov 2020

Simon Harvey

Old World Spices and Seasonings in the US has received an undisclosed cash injection from a private-equity investor to expand the business.

Lartigue et Fils buys French charcuterie peer Tradition de Vendee 19 Nov 2020

Dean Best

Lartigue et Fils, a France-based food-manufacturing SME, has acquired a local business in a bid to bolster its position in charcuterie.

South Africa's RFG Holdings to close plant under consolidation plan 19 Nov 2020

Simon Harvey

South Africa's RFG Holdings is consolidating manufacturing with a plan to close a pies and bakery plant.

Unilever's Ben & Jerry's to pay farmers more for cocoa 18 Nov 2020

Dean Best

The US ice-cream business, owned by Unilever, is to change what it pays farmers in Côte d'Ivoire for cocoa beans.

South Africa's RCL Foods launches strategic review 18 Nov 2020

Simon Harvey

South Africa's RCL Foods said it is in the early stages of a review to assess options for its diversified portfolio.

Gathered Foods owners take Wicked Foods to US 18 Nov 2020

Simon Harvey

Wicked Foods, a plant-based snacks and ready-meals business created by the founders of Gathered Foods, is launching in a new market.

UK's 'green industrial revolution" plan criticised for absence of food objectives 18 Nov 2020

Simon Harvey

An environmental not-for-profit organisation has criticised a new ten-point "green industrial revolution" plan unveiled by UK Prime Minister Boris Johnson today (18 November).

Israel's Aleph Farms unveils cell-cultured beef prototype 18 Nov 2020

Simon Harvey

Aleph Farms, a cell-cultured meat start-up in Israel, said it has come up with a prototype for its first beef product.

Kraft Heinz to restart ketchup production in Canada after six-year absence 18 Nov 2020

Simon Harvey

US food major Kraft Heinz has announced a new project in Canada for the production of sauces at one of its plants.

Beyond Meat's Q3 prompts plant-based reassessment 18 Nov 2020

Dean Best

In the wake of quarterly results that disappointed Wall Street, Dean Best reports on some of the questions facing Beyond Meat – and the plant-based meat category.





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