“Maybe it’s time to do something different” – ABF split could prove positive for food
Associated British Foods may recently have gone some way to answer the persistent questions it has faced about its future …
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Cranswick to invest in improving animal welfare after reports of “abuse and neglect”
Cranswick has revealed that it will invest £40m over the next three years to improve and standardise its farming practices. According …
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Hilton Food cuts full-year profit forecast, warns of “difficult” 2026
Hilton Food Group has lowered its full-year profit guidance and pointed to a “difficult” outlook for profit progression in 2026. In …
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Beyond Meat losses widen on impairment charge as sales set to extend declines
Beyond Meat's net losses have widened due to a $77.4m third-quarter impairment charge, while the company pointed to a further …
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Tyson Foods points to further pressure on beef volumes from “tight” supply
Tyson Foods has suggested beef volumes will continue to suffer in the new fiscal year as “tight” cattle supply is …
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PE firm Investindustrial buys US private-label supplier TreeHouse Foods
Private-equity firm Investindustrial has moved to buy US private-label manufacturer TreeHouse Foods. The transaction values the food-and-drinks supplier at $2.9bn. So far …
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Tyson forecasts another year of sales growth
Tyson Foods is forecasting another financial year of rising sales after reporting top-line growth for the 12 months just ended. The …
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Hain Celestial to cut 30% of North America SKUs under turnaround
Hain Celestial plans to cut around 30% of its SKUs in North America, the US-based better-for-you food and drink maker’s …
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Premium Brands Holdings trims earnings forecast on beef costs
The cost of beef has led Canada’s Premium Brands Holdings to lower its forecast for annual adjusted EBITDA. The processed-meats and …
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US launches anti-trust probe into meatpackers as Trump slams beef prices
The US Department of Justice (DoJ) has begun an investigation into alleged price fixing by meatpacking companies at the behest …
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Greencore soothes CMA concerns over Bakkavor merger with plant sale plan
Greencore has soothed UK competition concerns over the takeover of convenience food peer Bakkavor with a proposal to sell a …
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Britannia Industries names new CEO as sales, profits rise
Britannia Industries has named Rakshit Hargave as its new CEO as the Indian food major reported an increase in second-quarter sales and …
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B&G Foods narrows guidance ranges as third-quarter impairments booked
B&G Foods has “narrowed” its fiscal year outlook for sales and profits for the third time amid a mixed bag …
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Grupo Bimbo promotes Alejandro Rodríguez Bas to CEO
Bakery major Grupo Bimbo has named Alejandro Rodríguez Bas as its new CEO to replace Rafael Pamias Romero, who has resigned. In a statement yesterday …
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Finland’s Snellman Group marks first UK pet-food acquisition
Snellman Group has snapped up UK raw dog-food producer Benyfit Natural from the Real Pet Food Company. The Finnish food group, which operates …
