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Recent news

Australia's Buderim in capital-raising exercise to support new identity, strategy 16 Nov 2020

Simon Harvey

Australia's Buderim Group in Queensland is seeking to raise new capital to support its new business plan.

Cargill sells Venezuela assets 13 Nov 2020

Dean Best

The US agri-food behemoth has decided to offload its business in a Latin American market that has proven problematic for international FMCG companies in recent years.

Haribo to close plant in Germany 13 Nov 2020

Dean Best

The privately-owned German sweets giant is planning to shut a factory in its domestic market, citing a profitability review of its sites in the country.

Bega Cheese wins the day over legal spat with Kraft Heinz 13 Nov 2020

Simon Harvey

An application from US food major Kraft Heinz for a right of appeal in a legal dispute with Bega Cheese has been rejected by a high court in Australia.

Northern Ireland 'could get temporary reprieve on food border checks' 13 Nov 2020

Simon Harvey

Food retailers in Northern Ireland could reportedly be given a grace period to adjust to what may amount to costly border checks on imports coming from Britain post-Brexit.

Kate Farms backed by Goldman Sachs for medical nutrition applications 13 Nov 2020

Simon Harvey

Kate Farms, a US business engaged in plant-based food applications for people with medical conditions, has received new investment.

Aryzta hires Houlihan Lokey, Alantra for "asset disposals" 13 Nov 2020

Simon Harvey

Aryzta has indicated it plans to press ahead with "asset disposals" after a potential takeover deal with a US-based hedge fund fell through. 

Hain Celestial readies another disposal amid "strong quarter" 12 Nov 2020

Dean Best

The US-based manufacturer, busy reshaping its portfolio in recent quarters, looks set for another disposal, its CEO hinted, after outlining the group's "best quarter" for years.

Australia's Freedom Foods 'in talks over recapitalisation plans' 12 Nov 2020

Andy Coyne

Australia's Freedom Foods Group is reported to be in talks with named funders as part of its efforts to recapitalise the group.

Italy's Gastronomica Roscio sells majority stake to DeA Capital 13 Nov 2020

Simon Harvey

Gastronomica Roscio, an Italian manufacturer of chilled and frozen ready-meals, has given up a stake in the business to a private investor.

US food trade body expects tougher regulation under Biden 12 Nov 2020

Andy Coyne

Consumer Brands Association, the US body representing food and beverage companies, has briefed members on the regulatory regime it expects to see under President-elect Joe Biden.

Emmi to modernise Swiss cheese plant 12 Nov 2020

Simon Harvey

Swiss dairy firm Emmi plans to invest in a local facility to replace an ageing cheese wing as it aims to expand its production capabilities.

Saputo amongst three would-be buyers linked to Lion Dairy and Drinks deal 12 Nov 2020

Andy Coyne

A report from Australia has suggested the owner of Lion Dairy and Drinks has received three bids for the business, including one from North America.

What's PAI Partners' game plan in buying two UK food groups at once? 12 Nov 2020

Andy Coyne

Andy Coyne takes a closer look at PAI Partners' acquisition of UK chilled food businesses Winterbotham Darby and Addo Food Group and asks sector experts to interpret the move.

Utz extends M&A spree with deal for On the Border snacks owner Truco Enterprises 12 Nov 2020

Simon Harvey

US-based snack maker Utz Quality Foods has extended its acquisition spree with a deal for a domestic peer.

New products – US vegetarian-foods manufacturer Keystone Natural Holdings adds to brand roster; Mars reveals confectionery NPD; Arla adds yogurt to Lactofree 13 Nov 2020

This week's batch of new product launches includes new confectionery from Mars, Arla adding to its lactose-free dairy range and The Collective entering the dairy-free category.

PepsiCo adds to e-commerce service with trial of micro-fulfillment centre in Illinois 12 Nov 2020

Simon Harvey

PepsiCo has added a new capability to its e-commerce service to help meet demand from consumers during the pandemic.

Strike hits Lactalis facility in Australia 11 Nov 2020

Dean Best

The privately-owned French dairy titan has seen staff walk out at a plant in Australia amid claims of a wage dispute.

Nordic meat group Scandi Standard signs plant-based R&D deal 11 Nov 2020

Dean Best

The Nordic group says it's "in the process of developing a business plan for the introduction of plant-based products".

US sweeteners group Whole Earth Brands snaps up Swerve 11 Nov 2020

Dean Best

Recently-formed US sugar and sweeteners group Whole Earth Brands has bought a business in its domestic market, its first acquisition as a public company.

Premier Foods no longer a 'zombie' as debt cuts open doors to M&A 11 Nov 2020

Simon Harvey

Premier Foods has made some significant progress in reducing its debt, leaving the door ajar for potential future M&A. Simon Harvey looks at the landscape ahead.

The Very Good Food Co. takes lease on new Canada plant 11 Nov 2020

Simon Harvey

The Very Good Food Co. in Canada has secured a lease on a new pre-built production facility as the meat-alternative start-up expands capacity to meet rising demand.

US ice-cream firm Crave Better Foods buys Solero fruit bars assets 11 Nov 2020

Dean Best

Crave Better Foods has acquired a brand in its domestic market as part of the US ice-cream products supplier's belief consumers want "strong brands made with elevated ingredients".

Synlait Milk kicks off capital-raising exercise amid outlook for lower profits 11 Nov 2020

Simon Harvey

Synlait Milk has announced details for a capital-raising exercise to support investment plans for the New Zealand business.

UK government puts unhealthy food advertising ban out to consultation 11 Nov 2020

Andy Coyne

The UK government has taken further action in regard to its proposals to ban online adverts promoting food high in fat, sugar and salt.

McCormick chief upbeat on future for home-cooking 10 Nov 2020

Dean Best

Lawrence Kurzius, the CEO of US spices and sauces giant McCormick, discussed outlook for home-cooking, for e-commerce – and for foodservice.

Finance jobs emerge as proposed FrieslandCampina job cuts 10 Nov 2020

Dean Best

The Dutch dairy major is planning to cut around 1,000 jobs across its operations and has already revealed where more than 100 could be axed.

Mondelez invests in Israel snacks start-up Torr 10 Nov 2020

Dean Best

The US giant has put seed money into an Israel-based snacks start-up, which, the Oreo owner claims, can "offer multi-textural, sensorial experiences".

Wessanen becomes Ecotone, reveals new mission-driven status 11 Nov 2020

Dean Best

Wessanen, the Netherlands-based food business that went private last year under new ownership, has changed its name.

Saputo enters row over Canadian grocers' fee hikes 10 Nov 2020

Andy Coyne

Canadian dairy giant Saputo has responded to a move by some of the country's largest grocers to hike the fees they charges suppliers for stocking their products.






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