Nestlé CEO Philipp Navratil assertive on strategy but can he deliver?
It all comes down to delivery for Nestlé CEO Philipp Navratil. Can he demonstrate concrete progress on his growth priorities …
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Brace’s Bakery plans ‘to close factory’
Brace’s Bakery in the UK is reportedly planning to close a factory by early next year due to rising cost …
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Canada, Mexico look to bolster agri-food trade
Canada and Mexico government officials met this week in their countries' bid to improve agri-food trade between the two countries. The …
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Chobani secures funds for “growth and innovation”
US dairy and plant-based producer Chobani has secured $650m in new equity funding to support “growth and innovation”. In a statement …
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Century Pacific Food buys another coconut-products factory
Century Pacific Food has struck a deal to buy a coconut-processing plant from Roxas Sigma Agriventures. In a statement to the …
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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 …
