Ferrero reaches for the cereal bowl
Ferrero has once again used M&A to expand into another part of the store – but will it pay off? After …
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Incoming Hershey CEO faces wall of challenges, not least cocoa
Fresh perspective might just be what the doctor ordered - in this case the board of Hershey bringing in a …
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Dodla Dairy to buy peer HR Food Processing
India-based Dodla Dairy has agreed to acquire local peer HR Food Processing for Rs2.71bn ($31.6m). In a stock exchange filing today …
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Opportunities to decarbonise food and beverage manufacturing
In Europe, the push to improve sustainability is accelerating in carbon-intensive industries such as food and beverage processing. Much of …
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Jatcorp issues profit warning on revenue declines, impairments
Australian milk powders business Jatcorp has issued a profit warning for the 2025 fiscal year due to revenue declines and …
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Italian investment fund acquires stake in Santangelo bakery group
Fondo Italiano d’Investimento has acquired a 70% stake in Santangelo Group, a bakery business in Italy. According to the Italian investment …
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Polish dairy cooperative Mlekpol invests in Grajewo plant expansion
Polish dairy cooperative Mlekpol is investing 400m zlotys ($110m) in its plant in the town of Grajewo to scale up the …
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Spanish bakery Monbake hires Reckitt exec as CEO
Monbake, the Spain-based bakery group, has named former Reckitt director Borja Lomba Sorrondegui as its new CEO. Lomba succeeds Aurelio Antuna, …
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Ferrero confirms deal to buy WK Kellogg for $3.1bn
Ferrero has confirmed the confectionery giant has entered an agreement with WK Kellogg to acquire the US-based breakfast cereals business …
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Yowie backs off bid for Keybridge Capital
Australia-based confectioner Yowie has decided against moving to acquire Keybridge Capital, its largest shareholder. Yowie’s proposed offer, announced in May, contained …
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Unilever eyes demand for Asian cuisine with new noodle brand
Unilever has launched Namdong, a Korean-inspired, instant-noodle brand in the UK, pointing to demand for Asian-inspired food and flavours. Citing research …
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Flavour, ethics and affordability – the factors shaping Gen Z consumption in Indonesia
Food companies doing business in Indonesia are intensifying efforts to attract Gen Z consumers, who are demanding products that not …
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Western Smokehouse returns to former majority owner Monogram
Western Smokehouse Partners is changing private-investor ownership as the US-based meat-snacks maker is let go by majority owners AUA Private …
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NewPrinces strikes deal to buy Kraft Heinz baby-food assets
NewPrinces has entered a deal to buy Kraft Heinz’s Italian baby-food business. Under the terms of the transaction, Italy-based NewPrinces is …
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Nutella maker Ferrero ‘on cusp of securing $3bn takeover of WK Kellogg’
Reports suggest Italian confectionery giant Ferrero is on the cusp of acquiring the North American breakfast cereals business WK Kellogg …
