Kraft Heinz split leaves more questions unanswered than resolved
The partitioning of Kraft Heinz immediately evokes thoughts of the separation of Kellogg Co. in 2022-23 and whether the split …
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Nomad Foods unveils savings plan weeks after guidance cut
Birds Eye and Iglo owner Nomad Foods wants to make €200m ($233.1m) in savings by the end of 2028. The European …
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Kyokuyo to buy Danish seafood canner to expand global portfolio
Kyokuyo Co. is to acquire a majority stake in a Danish seafood processor and distributor, marking the Japanese group's latest …
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Jatcorp CEO Sunny Liang steps down
Australian milk powders business Jatcorp has revealed its CEO and director Sunny Liang, has resigned from the business after just …
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Mama’s Creations acquires meats business Crown
US-based Mama’s Creations has struck a deal to buy Crown I Enterprises, a local manufacturer of meat products and ready-to-eat …
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Tyson Foods names COO amid supply-chain chief exit
Tyson Foods has names Devin Cole, the head of its poultry business, as COO at the same time as announcing …
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Kraft Heinz confirms split into two independent companies
Kraft Heinz has confirmed the US food and drinks giant will split into two publicly listed companies in a plan …
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PepsiCo must review portfolio to boost growth, investment fund Elliott says
PepsiCo should review the make-up of its food and drinks businesses in North America to boost its performance after a …
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No more “boring” Nestlé – what next after shock CEO sacking?
Nestlé’s reputation as one of the consumer goods sector’s dependable names has taken a knock over the last couple of …
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Private-equity group LDC invests in Bespoke Kitchen Foods
LDC, the private-equity arm of Lloyds Banking Group, has backed UK vegetarian food manufacturer Bespoke Kitchen Foods. According to a joint …
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Lantmännen Unibake buys Dutch bakery group Boboli Benelux
European bakery group Lantmännen Unibake has acquired Boboli Benelux, a Dutch producer of savoury baked goods. Financial terms of the transaction …
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Open Country Dairy acquires milk-processing peer Miraka
Open Country Dairy in New Zealand has agreed to acquire the Māori-owned dairy business Miraka for an undisclosed sum. Both companies …
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Australia regulator launches price-fixing case against fresh veg suppliers
Australia’s competition regulator said it is taking legal action against a handful of local fresh produce suppliers for “alleged price …
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Perwyn exits investment in halal food business Isla Délice
Halal food business Isla Délice is poised for a change in ownership as UK-based private-equity group Perwyn plans to exit …
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Nestlé dismisses CEO after “undisclosed romantic relationship”
Nestlé has dismissed CEO and company veteran Laurent Freixe after an “undisclosed romantic relationship with a direct subordinate”. In a statement issued …
