Mondelez axes better-for-you Fruitier and Nuttier Cadbury range
Cadbury brand owner Mondelez International is axing a better-for-you dairy chocolate bar and snacking range in the UK. The low-sugar Cadbury …
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Utz Brands expands DSD routes for California snacks distribution
Salty snacks maker Utz Brands has added to its direct-store delivery capabilities with the acquisition of Insignia International’s DSD network …
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Fruitist eyes demand for healthier snacks with JP Morgan investment
US-based fruit supplier Fruitist has looking to "fuel" its expansion plans with a fresh round of funding from backers including …
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Geopolitical risk should be at forefront of company strategy – research
Geopolitical risk is no longer remote from day-to-day business concerns as it has historically tended to be, a new report …
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Kraft Heinz bearish on outlook amid volume decreases ahead of split
Kraft Heinz has painted a more bearish outlook for the year’s sales and profits as the US-based food and drinks …
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Mondelez projects steeper EPS decline as third-quarter volumes deteriorate
Mondelez International has pared bets for full-year sales growth and also projects a steeper decline in earnings per share amid …
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Mighty Earth sues JBS’s US unit alleging emissions greenwashing
Mighty Earth has filed a lawsuit against the US unit of Brazilian meat giant JBS accusing the company of greenwashing …
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Astral Foods expects EPS rebound driven by “strong” recovery in H2
South African poultry producer Astral Foods expects earnings per share (EPS) to rebound for the full year driven by a …
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CPF forms pork-processing JV with Japan’s NH Foods
Thailand's Charoen Pokphand Foods (CPF) is forming a joint venture with Japan’s NH Foods for the supply of processed pork …
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Hormel Foods to spin off Justin’s brand in private-equity agreement
Hormel Foods is spinning off its Justin’s brand of nut butters and chocolate snacks through an investment agreement with …
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MBRF to fold BRF’s Middle East assets into Saudi Arabia joint venture
BRF and meat peer Marfrig Global Foods have agreed terms with Halal Products Development Company (HPDC) to broaden a Saudi …
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Danone sales beat estimates but caution ensues on China dominance
Danone’s like-for-like sales growth beat market expectations in the third quarter as the China, North Asia and Oceania (CNAO) region …
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Heritage Foods to acquire majority stake in Get-A-Way owner
Heritage Foods has agreed to acquire a controlling interest in Peanutbutter and Jelly, the company behind the Get-A-Way dessert brand. In …
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B&G Foods sells Green Giant brand in Canada
B&G Foods has struck a deal to sell its Green Giant and Le Sieur brands of frozen and shelf-stable vegetable …
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Asian flavours powering next growth wave in US packaged foods
Walk the aisles of any major grocery store in the US today and you’ll see it. Where ‘Asian’ once meant a …
