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Yili-owned Westland Milk buys out Ausnutria’s baby formula venture stake
Westland Milk Products has bought out a stake in an infant-formula joint venture the New Zealand dairy cooperative formed in …
GoodLife Foods destined for new private-equity owner IK Partners
GoodLife Foods, a frozen snacks maker in the Netherlands, will soon have a new owner in the form of UK-based …
Fonterra launches nutrition science venture arm, invests in dietary supplements
Fonterra, the world’s largest dairy exporter, has today (9 June) announced the launch of a corporate ventures arm to invest …
French retailers Casino Group and Teract ditch supply-chain tie-up talks
Exclusive supply-chain tie-up talks between French retail groups Casino and Teract have been abandoned following four months of discussions. Debt-laden Casino …
Dutch Bakery, Coolback merge to create pan-European own-label bakery business
Dutch Bakery and Germany’s Coolback have combined to create a new European private-label business. Raoul Vorage, the CEO of Tilburg, Netherlands-based …
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“People thought this was a dead industry. But milk inherently has great value” – Tim Doelman, CEO of Coca-Cola’s US milk business Fairlife
US-based milk brand Fairlife was founded by Mike and Sue McCloskey in 2012 as a partnership with The Coca-Cola Co. …
HyLife Foods to sell off bankrupt US pork plant
US-based pork company Premium Iowa Pork is reportedly set to buy a HyLife Foods facility in Minnesota. HyLife’s facility in Windom, …
What’s keeping the ketogenic diet alive?
‘Diet’ is arguably a misleading appendage attached to ketogenic, advocated as a weight-loss regime in a similar vein to Atkins …
Lifeway Foods shareholder calls for sale of the company
A shareholder of US kefir maker Lifeway Foods has urged the company to sell itself after not seeing the pursuit …
Meat group Vion rejigs structure to target “sustainable growth”
Vion, the Netherlands-based meat processor, has set out organisational changes in a bid to “stimulate sustainable growth”. The privately-owned business said …
Canadian agri-food company Courchesne Larose names new CEO
Courchesne Larose Group has named Michael Aucoin as CEO of the Canadian fruit and vegetable company. Aucoin’s appointment is effective immediately …
UK fresh food company MyFresh brings in administrators
UK fresh produce company MyFresh has entered administration less than one year after its acquisition by potato business Tuber Group. Previously …
Campbell Soup points to volume pick-up as pricing starts to subside
Campbell Soup Co. expects volumes to improve as pricing actions to offset inflationary pressures start to come down. The US soups, …
Nestlé partners with VC fund to invest in sustainable start-ups in Latin America
Nestlé is launching a partnership with The Yield Lab Latam, a specialist venture-capital fund investing in technology-based start-ups in Latin …
William Jackson Food Group’s Belazu buys Miso Tasty
Miso Tasty, a UK-based supplier of Japanese food, has been bought out of administration by local peer Belazu. Filings lodged with …