02 April 2024
02 April 2024
Applied Nutrition, best known for brands BodyFuel and ABE, has been the subject of talk it is planning a £1bn ($1.26bn) flotation.
Regulation to be introduced by year-end still awaits majority approval by member countries.
Ross Mackay is moving into a chairman emiritus role at Daring Foods while launching drinks start-up Cadence.
The closure will affect “approximately 190 team members” working at the facility, the company said.
Andy Coyne asks whether foods high in fat, salt and sugar are in terminal decline, or whether indulgent treats will remain an unnecessary but nice part of our diet?
The company, set up by China’s Feihe Milk, has received regulatory clearance from Canadian officials.
The China-based dairy group saw revenue and operating profit rise but net profit decline last year.
The Hungary-based pet-food supplier has been owned by private-equity investor Cinven Group since 2018.
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