06 July 2023
06 July 2023
Mars suggested the products will complement its “food and nutrition” business that includes brands such as Seeds of Change and Foodspring.
Recent profits in the food and beverage sector have fuelled accusations of “greedflation”.
Bubs Australia executives have outlined a new strategy plan following a business review.
The EU has proposed plans to cut food waste as it reported around €132bn ($143.5bn) is thrown away per year across the bloc.
The European Commission proposes to separate plants similar to conventional plants from those with “complex modifications”.
In its statement announcing the sale, Emmi described Mutares as “a company specialising in turnaround situations”.
Both companies manufacture margarine and mayonnaise.
Creador said the buy-out house would help Pet World on M&A and in expanding internationally.
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