Perrigo exits infant-formula with sale to MeridianMade
Perrigo is exiting infant formula, with the Dublin-based company selling its assets to US contract manufacturer MeridianMade. Under the terms of …
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Mondelez pursues “healthier” agenda as Undercover Snacks joins portfolio
Mondelez International has taken a majority interest in gluten-free business Undercover Snacks. “The brand is highly incremental to our existing portfolio, …
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Yakult Honsha data leaked in website attack
Yakult Honsha has confirmed personal information relating to around 40,000 individuals was leaked following “unauthorised access” to its website. The Tokyo-listed …
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UK regulator launches ABP/Dovecote merger probe
The UK’s anti-trust regulator has opened an inquiry into meat giant ABP Food Group’s indirect minority stake purchase in Dovecote …
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Baker & Baker buys Lazy Day Foods
UK-based, pan-European Baker & Baker has acquired Scottish free-from specialist Lazy Day Foods. In a statement, Baker & Baker said the …
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US agriculture financial squeeze becomes food industry problem
American farmers are under growing financial pressure. Some farmers, economists and farm-policy experts argue it could even become a full-blown crisis …
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Ebro Foods strikes US deal for Best Rice
Ebro Foods has acquired US rice business Best Rice in a deal valued at $47m. The Spain-based food group completed the …
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Comvita chair Bridget Coates survives no confidence vote
Comvita shareholders have voted to retain Bridget Coates as chair of the Mānuka honey producer. In a stock exchange filing, the …
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Astral Foods workers strike over pay at two South Africa sites
Workers at Astral Foods’ Festive chicken operation in South Africa have today (29 October) begun strike action over pay. In a …
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Oatly cuts profit outlook on North America fuel cost pressures
Oatly has lowered its full-year profit guidance due to soaring fuel and freight costs in North America, even as third-quarter …
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Danone plays “offensive” to fix North America EDP underperformance
Danone is playing “offensive” to address underperformance in its dairy and plant-based business in North America as third-quarter growth slowed. To …
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Boparan-backed Roberts Bakery investment creates UK jobs
Roberts Bakery is creating jobs at its UK site following an investment by billionaire owner Ranjit Singh Boparan. A £500,000 ($664,677) …
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Simply Good Foods braces for pricing challenge to reset gross margins
Simply Good Foods is gearing for more sales and EBITDA growing pains in the new year amid the need for …
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Almarai ventures into red meat with Haboor brand
Almarai is entering the red-meat category with the launch of Haboor, a pre-packed beef brand supported by an investment of …
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Former Hilton chief Steve Murrells takes Samworth CEO role
UK manufacturer Samworth Brothers has appointed Steve Murrells, the former head of Hilton Food Group, as its next CEO. Murrells will …
