Nestlé earmarks more cash for Mexico
Nestlé is planning to spend another $1bn on its business in Mexico up to the end of 2030. The Swiss giant …
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SanLucar enters Finland with Vegepörssi tie-up
Spain-based fruit-and-vegetable supplier SanLucar has continued its push into northern Europe with a new deal in Finland. SanLucar is teaming up …
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Unigrains backs hazelnuts supplier Unicoque
France-based agri-food investor Unigrains has backed hazelnut co-op Unicoque. In a statement, Unigrains said it had “subscribed to participating securities” issued …
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The opportunities for prepared meals as wellness-first shopping meets cost-of-living constraints
Premiumisation in prepared meals is becoming a growth lever for the consumergoods industry because it resolves a central tension in …
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Accelerating industrial decarbonisation in France
Industrial decarbonisation is speeding up in France as manufacturers turn to energy efficiency upgrades, electrification, renewables, and waste heat recovery …
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Greencore lifts profit forecast again
Convenience-food maker Greencore has raised its profit guidance again, citing volume growth the company said was ahead of the sector. In …
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Cyberattack hits French supermarkets
Major French supermarket chains have been hit by a cyberattack that has affected their refrigeration systems. Dominique Schelcher, the CEO of …
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Loacker adds to hazelnut-growing assets
Confectionery group Loacker has expanded its hazelnut production portfolio with the acquisition of the Fontana Chiusa estate in Italy. Financial terms …
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McCain snaps up India’s Falcon Agrifriz Foods
McCain Foods has agreed to acquire the frozen potato-processing business of India-based Falcon Agrifriz Foods. Financial terms of the transaction were …
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“We’ve reset the business in a more profitable, more focused place” – Amy’s Kitchen CEO Paul Schiefer talks strategy and evolving US market
After two decades at Amy’s Kitchen, Paul Schiefer was installed as CEO at the US food group earlier this year, …
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Snacks pricing, “urgency” on drinks – takeaways from PepsiCo’s Q3 results
PepsiCo has been under pressure to improve its performance since activist investor Elliott Investment Management went public last year with …
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Cyclospora probe: Taylor Farms changes lettuce output at Mexico site
Taylor Farms will “indefinitely suspend” the harvesting and processing of iceberg lettuce from central Mexico for sale in the US …
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Pilgrim’s Pride board to review takeover approach by Brazil’s JBS
Pilgrim’s Pride board is reviewing whether to accept the latest takeover offer from Brazilian meat giant JBS. The US poultry business, …
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Grupo Fuertes acquires Nutrave in latest poultry deal
Spain’s Grupo Fuertes has struck another protein acquisition with the purchase of local poultry processor Nutrave. The deal comes on the …
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Mission Produce sets 2035 sales, earnings targets
Mission Produce has set out a plan to double sales and triple adjusted EBITDA by 2035. The targets are part of …
