Nestlé plans 16,000 job cuts as new CEO Philipp Navratil sets out strategy
In his first major announcement since becoming Nestlé’s CEO, Philipp Navratil has stamped his mark with a plan to cut …
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Dawn Meats sweetens bid for Alliance Group
Ireland's Dawn Meats has sweetened its proposed majority share bid for New Zealand's Alliance Group under a previously agreed adjustment …
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Premier Group buys South Africa food, drinks peer RFG Holdings
Premier Group has announced plans to acquire fellow South African food producer RFG Holdings in a share-swap deal. RFG shareholders will …
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Canadian vegetable group Nortera cites “food sovereignty” with capex move
Canadian vegetable processor Nortera is investing C$28m ($19.9m) to boost capacity at its Saint-Denis-sur-Richelieu facility in Quebec. In a statement yesterday …
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ABF ups stake in UK-based ready-meals business Cook
Associated British Foods (ABF) has increased its holding in UK-based ready-meals business Cook. Cook confirmed via a statement that ABF took …
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Froneri strikes deal to buy Food Union’s Europe ice-cream business
UK-based ice cream manufacturer Froneri has entered agreements to acquire Food Union's European ice-cream business. Financial details were not disclosed. According to …
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Gourmey snaps up cultivated-protein peer VitalMeat
Gourmey has acquired cultivated-meat peer VitalMeat to form a new business in France called Parima. Paris-based Gourmey, which was set up …
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JM Smucker ‘files Uncrustables trademark suit against Trader Joe’s’
US manufacturer JM Smucker has reportedly taken aim at one of the country’s foremost retailers with a lawsuit centred on …
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Boparan investment vehicle rescues Roberts Bakery from brink
Roberts Bakery has been saved from going under by the private investment vehicle of UK-based entrepreneur and billionaire Ranjit Singh …
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French agri-food group Avril names new CEO
French agri-food group Avril has named Paul-Yves L’Anthoën as its next chief executive. L’Anthoën will succeed Jean-Philippe Puig and is set …
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Beyond Meat’s IPO success story withers into penny stock territory
All was rosy for Beyond Meat six years ago – alt-protein sales were enjoying a boom and the company’s shares …
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UK’s Morliny Foods to buy Germany’s Wolf Group
UK-based meat group Morliny Foods has acquired German peer Wolf Group for an undisclosed sum. Morliny Foods, owned by China’s WH …
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Valeo Foods to close UK factory
Pan-European snacks group Valeo Foods is to shut a confectionery facility in the UK. In a statement, the Ireland-based group said …
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California Governor vetoes bill to phase out PFAS
California’s Governor has rejected a bill to phase out the use of PFAS “forever chemicals” in food packaging and certain …
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India’s LT Foods buys Hungary’s Global Green Europe
India's LT Foods has agreed to purchase 100% of Hungarian shelf-stable fruits and vegetables producer Global Green Europe. LT Foods said …
