Saputo’s UK exit begs questions over North America M&A aspirations
Saputo has not hidden its M&A ambitions and the sale of its UK business to acquisitive Lactalis may well be …
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Japan’s St Cousair buys another US jam maker
Japanese food group St Cousair has made another acquisition in the US. The company has snapped up brand and production assets …
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Dutch seafood group Zalmhuys buys importer BML
Netherlands-based seafood supplier Zalmhuys has acquired a majority stake in importer BML Food Group. In a statement, Zalmhuys said the deal …
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Three-month stand-off at Cargill US meat plant ends
The labour dispute between Cargill and staff at a plant in the US looks to have come to an end …
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JBS-backed Pilgrim’s to buy UK pork firm Walkers from Samworth
Pilgrim’s Europe has agreed to acquire UK firm Walkers Deli & Sausage Company from Samworth Brothers. In a statement yesterday (17 …
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Russian firm ‘asks Kremlin to place Nestlé units in temporary management’
A Russian logistics business has reportedly asked the country’s government to put five Nestlé subsidiaries under the temporary administration of …
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Synlait denies takeover talks with A2 Milk, Fonterra
Synlait Milk has denied media reports suggesting it is in takeover talks with The A2 Milk Company and Fonterra. Reports in …
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NFU applauds UK drought aid but says some crops already “failing”
The National Farmers’ Union (NFU) has welcomed the UK government’s drought relief package but warned the agriculture sector is facing …
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Ferrero extends M&A spree with Purely Elizabeth
Ferrero has made a move to expand its breakfast range with the acquisition of US food company Purely Elizabeth. The financial …
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Seafood groups Nordian Group, Norvelita sold to PE firm
Lithuania-based seafood processors Nordian Group and Norvelita are to move into private-equity ownership. INVL Asset Management, based in Vilnius, Lithuania’s capital, …
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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 a recovery from the UK-based business …
