28 September 2023
28 September 2023
Federal Trade Commission chair Lina Khan has recently expressed scepticism about some past grocery mega mergers, Just Food’s Victor Martino writes.
Smucker said the disposal is consistent with its “portfolio and resource optimisation” plan.
The food giant plans to invest “significantly” to renovate existing products.
Private-equity firm Wind Point Partners acquired Gehl in 2015.
After five days of industrial action, Inghams has struck a deal with the United Workers Union (UWU).
The move gives Océano control of a business with annual sales of around $50m.
Terms such as climate neutral and environmentally friendly will be banned unless fully substantiated.
The investor said it has created “the largest fund dedicated to investing across the food and agribusiness value chain".
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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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