“Changes are being made” – infant-formula makers scramble amid latest recall
Following product recalls that started in Europe in December and then spread to more than 60 countries, the infant-formula industry …
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Strait of Hormuz disruption sends global oil benchmarks higher
Global oil prices rose sharply on Monday following Iranian strikes across the Middle East, which disrupted shipping through the Strait …
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JBS to set up B2B ingredients plant in Australia
JBS's Australia business is planning to build a new B2B ingredients processing site in Melbourne. The Brazil-headquartered meat giant told Just …
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Global Eggs gets investment from PE firm Warburg Pincus
Global Eggs has agreed a deal that will see private-equity firm Warburg Pincus invest up to $1bn in the multinational …
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Grupo Alacant to snap up Irish ice-cream peer Silver Pail
Spanish ice-cream business Grupo Alacant has reached an agreement to acquire Irish peer Silver Dairy Ventures, otherwise known as Silver …
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European Commission to “provisionally apply” Mercosur trade deal
The European Commission is moving to "provisionally apply" the EU-Mercosur trade deal, despite not yet having consent from the European …
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What’s Cooking? subject of takeover approach from investment firm
Ready-meals business What’s Cooking? has received notice of takeover interest from Malaga Investment SCSp. The Belgium-based manufacturer sent out the advisory …
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JM Smucker cuts sweet-snacks growth forecast
JM Smucker has cut the long-term sales growth the company expects to see from its under-pressure sweet-snacks business. The Hostess owner, …
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Nomad Foods CEO embarks on “pivotal year of strategic repositioning”
Nomad Foods’ CEO Dominic Brisby suggested pricing will be the key driver to recapture the frozen-food maker’s “full potential” but …
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Apetit weighs shutdown of Finland frozen pizza plant
Finnish food company Apetit is assessing whether to close its frozen pizza factory in the central town of Pudasjärvi. In a …
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ByHeart botulism outbreak over but probe continues, US says
The US Centers for Disease Control and Prevention has declared the botulism outbreak linked to ByHeart baby formula over, though …
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Kraft Heinz and the structural reckoning facing legacy CPG
For much of the past decade, Kraft Heinz – which earlier this month put its idea to split in two …
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Nomad Foods positions for painful year under new CEO’s “transition” plan
Nomad Foods has guided to another year of falling sales and profits as newly installed CEO Dominic Brisby sets out …
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JM Smucker adds to board after deal with activist investor
JM Smucker has appointed two new directors to the board of the US food-and-beverage group after a deal with activist …
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Lantmännen buys pair of slaughterhouses in Sweden
Lantmännen-owned meat and charcuterie business Scan Sverige has agreed to acquire two slaughterhouses in Sweden. The financial terms of the transaction …
