13 September 2023
13 September 2023
Analysts are divided on the wisdom of J.M. Smucker’s acquisition of Twinkies owner Hostess Brands.
The company said it wants to “seize consumer trends to unlock growth opportunities for both Danone and its partners”.
“The economics of running a company of this size simply do not match our revenue” – Hooray Foods.
The Poznań factory produces noodles under the Knorr, Unox and Amino brands.
Limmer, a former Zespri kiwi fruit executive, is leaving after five years in the role.
The Harrow factory is a supplier of fresh pizza to retailers such as Sainsbury's, Tesco and Waitrose.
Local publications put the job losses at more than 200.
Libstar will look to “reduce exposure to under-performing business units” possibly through selling the assets or closing them.
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GlobalData estimates that the global dairy & soy food sector will grow at a CAGR of 17% during 2022–27. The healthy eating trend has encouraged consumers to seek alternatives to traditional dairy products. Plant-based dairy alternatives are often perceived as healthier due to their lower saturated fat content. Moreover, increasing awareness about food allergies and intolerances, coupled with consumers’ interest in alternative diets, will drive manufacturers to launch lactose- and gluten-free products.
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