11 October 2023
11 October 2023
The US consumer business first entered the category in February with the purchase of a clutch of J.M. Smucker brands.
CEO Ramon Laguarta said there are “a lot of question marks” about the how widely the drugs could be used and their potential impact on consumption.
The Spanish business has acquired the remaining 50% stake from the Dabilly brothers.
Tempo supplies canned seafood such as Paramount Salmon and Brunswick Sardines to retailers in Australia, New Zealand, the UK and North America.
Michael McGee, CEO of Edward Marc, will take on the role of chief executive of the enlarged grouping.
Soren Bjorn will succeed Miles Reiter when he retires from the role in January.
The case against ultra-processed foods (UPFs) is gaining momentum but will it result in change?
The decision will impact 107 employees.
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The global healthy snacks market will be valued at $74.6 billion in 2023 and is expected to grow at a CAGR of 6% by 2030, per GlobalData. Increasing awareness of health and wellness among consumers is the major contributor to the growing demand while a rise in vegan and plant-based diets and rising disposable income, and middle-class expansion are also expected to drive market growth. However, this growth is affected by the challenges posed by high cost of ingredients.
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