JBS forms meat joint venture with Indonesia’s sovereign-wealth fund
Brazilian meat giant JBS has entered a joint venture with Indonesia’s sovereign-wealth fund to “pursue investment opportunities” in protein production. The …
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Wegovy GLP-1 pill variant set to land in EU
Novo Nordisk is preparing to bring its Wegovy GLP-1 weight-loss pill to the EU, with Germany first in line for …
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WK Kellogg brings forward timeline to remove artificial colours
WK Kellogg has brought forward its target to remove artificial colours from its breakfast cereals, with a new threshold for …
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Raisio reveals new CEO to replace Pasi Flinkman
Finnish food group Raisio has named Elli Siltala as its new CEO to succeed Pasi Flinkman, who in May announced …
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Lotus Bakeries to invest in three plants
Lotus Bakeries plans to pour investment into three production plants in Belgium, Thailand and the US to expand output for …
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Beyond Meat outlines three-point plan as foodservice volumes dive
Beyond Meat showed some pockets of improvement in the second quarter as co-founder and CEO Ethan Brown outlined a plan …
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Glanbia bulks up forecasts amid protein demand
Glanbia has raised its full-year revenue and profit forecasts after a "strong" first half across the group's divisions, including Performance …
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Cargill staff row continues after workers reject pay offer
Cargill workers at the centre of a pay dispute in the US have rebuffed a deal struck between the meat …
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Kraft Heinz ups spending but market doubts remain
Kraft Heinz’s moves to spend to improve sales are “working virtually everywhere”, CEO Steve Cahillane said, as the company set …
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B&G Foods CEO Casey Keller retires
B&G Foods president and CEO Casey Keller is retiring after five years at the helm of the US manufacturer. In a …
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France world-food distributor Haudecoeur strikes two acquisitions
Haudecoeur, the French food distributor backed by private equity firm Apheon, has acquired Natur Food, a wholesaler of Turkish food …
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BellRing Brands poised for price increases
BellRing Brands plans to raise prices again on protein powders and shakes to recover inflationary costs. Talking through the third-quarter results …
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Hochdorf Swiss Nutrition forms infant-formula JV with Pharmalys
Dairy group Hochdorf is setting up a venture with infant-formula business Pharmalys Laboratories. In a statement, the Swiss companies said they …
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UK on brink of decades-low cereal crop – research
The UK faces its worst cereal and oilseed harvests in decades as heatwaves and droughts cut yields, an energy and …
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ABP Food Group invests in UK red-meats supplier Dovecote Park
Ireland-based meat giant ABP Food Group has acquired a shareholding in UK beef-to-venison supplier Dovecote Park. ABP has bought Benoni Corp, …
