PepsiCo’s overseas business props up sales outlook as tariffs weigh on EPS
PepsiCo expects its business outside of North America to be a key driver of its revenue growth this year and …
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USDA pulls planned measures to reduce salmonella incidence in poultry
The US Department of Agriculture (USDA) has backtracked on proposals to introduce enforcement measures to cut the incidence of salmonella …
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Joyvio Food sells salmon subsidiary Australis
Joyvio Food, a subsidiary of Joyvio Group, has divested its entire stake in Australis Seafoods, a Chilean salmon supplier. The loss-making …
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Fruit, dairy prosper as US organic food sales rise in 2024
US sales of organic food rose to exceed more than $65bn last year, supported by growth in areas including bakery, …
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Maestrani Schweizer Schokoladen buys Swiss peer Chocolat Ammann
Maestrani Schweizer Schokoladen has acquired fellow family-owned Swiss chocolatier Chocolat Ammann for an undisclosed sum. In a joint statement, the companies …
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Nestlé delivers cautious tone on outlook as uncertainties abound
Nestlé has stuck with its full-year outlook despite inferring that consumers are stretched and have yet to feel the impact …
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How brands can win in the US ‘vibecession’
The average US consumer is feeling financially stretched, squeezed and uncertain. In a word – they’re beleaguered. The economic optimism that …
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Armanino Foods of Distinction appoints Deanna Jurgens as new CEO
US pesto-to-pasta maker Armanino Foods of Distinction has named ex-Bonduelle and Beyond Meat executive Deanna Jurgens as its new CEO and …
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PepsiCo lowers 2025 earnings forecast
PepsiCo today (24 April) cut its forecast for its core earnings in 2025, citing the impact of tariffs and increased …
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William Jackson Food Group hires ABF veteran Paul Murphy as CEO
UK-based food business William Jackson Food Group has named Associated British Foods veteran Paul Murphy as its new CEO. Murphy succeeds …
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Commercial Bakeries buys Canadian peer Hollandia Bakeries
Canada’s Commercial Bakeries has acquired local peer Hollandia Bakeries to expand its capabilities in the North American private-label cookie market. The …
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Switzerland’s Hero Group names new CEO
Swiss food company Hero Group has promoted chief business officer Christian Schierbaum to the position of CEO. Schierbaum will succeed Rob …
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JP Morgan, KPMG lead consumer M&A adviser rankings – data
JP Morgan and KPMG lead two league tables devised by GlobalData after analysing the M&A that took place in the …
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Opportunity, sustainability and innovation – the buzz around European dairy challenges
Opportunity was the theme that buzzed around the Dairy Innovation Strategies conference in Copenhagen – the industry just has to …
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SalMar to buy salmon farmer Wilsgård outright
Salmon producer SalMar has inked a deal to acquire the remaining shares in Wilsgård through a merger that values the …
