Private-equity firm CVC ‘hires bankers to oversee sale of Spain olive-oil group Deoleo’
Private-equity firm CVC is looking to sell its majority share in Spanish olive-oil giant Deoleo, according to reports. El Economista has …
Associated British Foods to buy dairy-tech company National Milk Records
Associated British Foods, the UK conglomerate, plans to buy local dairy technology firm National Milk Records (NMR) in a deal …
US meat-alternatives maker Meati Foods cuts jobs
US-based meat-alternatives company Meati Foods has laid off 5% of its workforce having opened a new production facility in Colorado …
Plant & Bean calls in administrators
Plant-based co-manufacturer Plant & Bean has appointed administrators. The UK meat-alternatives company has experienced “significant inflation” across its cost base, primarily …
Oscar Mayer cedes majority share of UK ready-meal business to asset managers
UK ready-meal manufacturer Oscar Mayer has been taken over by debt providers Pemberton Asset Management as it attempts to “restore …
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Tyson Foods lays off workers who opt against relocation
Tyson Foods will cut the jobs of more than 200 staff who have opted not to relocate from South Dakota …
UK’s Montezuma’s Chocolate scooped up by Paramount Retail Group
UK-based chocolate company Montezuma’s has been sold to local business Paramount Retail Group for an undisclosed fee. The deal sees the …
PHW-Gruppe to start supplies of alternative-protein ingredients
PHW-Gruppe, the German poultry group, is looking to support its meat-free business by setting up an ingredients division. The company, which …
Mars expands cat-food production in Australia
Mars is investing more than A$100m ($65.9m) to expand a pet-food facility in Australia. The project entails an additional 7,800 square …
UK dog food group Walker & Drake invests in new production line
Pet food manufacturer Walker & Drake has invested £900,000 ($1.1m) in a new production facility. Producing “cold pressed dog food” to …
What’s Cooking? backs out of Imperial-Stegeman deal struck in Ter Beke era
European sliced meats and ready-meals maker What’s Cooking? has walked away from a deal to buy Imperial Meat Products and …
Scotland pauses bill banning promotion of “less healthy” food
The Scottish government has postponed the bill that would restrict the promotion of “less-healthy” food and drinks in-store. Jenni Minto, Minister …
Hormel Foods defends pricing actions as further increases planned
Hormel Foods plans to increase prices again before the end of July, balancing margin recovery with maintaining customer relationships. “We're being …
Synlait intends to sell Dairyworks and Talbot Forest Cheese
New Zealand dairy company Synlait Milk has announced it intentions to divest its Dairyworks and Talbot Forest Cheese businesses. It said …
Bubs Australia reviews China baby-formula operation amid fight for control of board
Bubs Australia has revealed its China revenue has plummeted in a trading update as its sacked founder leads a team …