Lactalis fires up M&A engine with deal for Saputo’s UK business
Lactalis has entered a “definitive” agreement to acquire the UK business of Canadian peer Saputo in the French dairy giant’s …
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Lamb Weston flags price risks from heat-impacted potato crop
Four months since settling into the CFO seat at Lamb Weston, James Gray has outlined new cost pressure risk the …
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Potential £1.9bn lifeline for UK farmers from fruit, veg – research
Replacing half of the UK’s imported fruit and vegetables with homegrown produce would add £1.9bn ($2.57bn) to farmgate coffers, according …
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Tyson Foods consolidates beef plants
Tyson Foods is consolidating its US beef operations with a plan to close two plants and sell another. In a statement …
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Quorn grapples with “structural challenge” in foodservice
Quorn’s meat-free sales growth has outpaced the wider Monde Nissin group as retail leads the recovery but with “structural challenges” …
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Arla warns skills gap poses “food resilience” risk
Arla Foods has warned the UK’s long-running skills shortage in food and farming is becoming a risk to “food resilience”. Publishing …
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Nomad Foods slashes EPS forecast on debt restructuring
Nomad Foods has slashed its full-year EPS guidance as the Findus brand owner posted an anticipated decline in second-quarter sales …
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Vafo notches up another acquisition with Pets Deli
Czech pet-food group Vafo has made another acquisition, buying German direct-to-consumer brand Pets Deli. Financial terms were not disclosed. In a statement, …
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Apetit issues profit warning as hot weather hits peas
Finnish food group Apetit has cut its full-year profit outlook, citing “challenging” weather conditions in Sweden that are expected to …
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“No big change in strategy” under new JBS CEO – key takeaways from leadership transition, Q2 results
Wesley Batista Filho has assured investors it will be business as usual at JBS as he prepares to take the …
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Beyond Meat launches reverse stock split
Beyond Meat is launching a reverse stock split as the plant-based meat company looks to regain its Nasdaq listing compliance. Yesterday …
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Germany warns of food-supply risk from persistent drought
With Europe in the midst of another heatwave amid parched fields from the hot weather, Germany has warned of the …
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B&G Foods sets sights on M&A following disposals
B&G Foods has its eye on M&A after letting go of its Green Giant businesses as part of the US …
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Gay Lea Foods ploughs investment into cottage cheese expansion
Gay Lea Foods Co-operative is investing more than C$200m (US$143.5m) to expand cottage cheese production in Canada. In a statement yesterday …
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JBS returns to family leadership as Wesley Batista Filho becomes CEO
Wesley Batista Filho has been promoted to group CEO of meat giant JBS, restoring leadership under the controlling family shareholders. Batista …
