Smithfield Foods predicts slowdown in sales growth after debut IPO year
US meat packer Smithfield Foods is predicting a slowdown in sales growth but with potential upside in operating profit for …
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EU, Australia talk up trade openings as deal meets mixed response
The EU and Australia today (24 March) touted the opportunities of a new trade deal that has sparked a mixed …
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Danone buys meal-replacement firm Huel
Danone has snapped up UK meal-replacement business Huel. Hertfordshire-based Huel, set up in 2014, centres on ready-to-drink shakes but also markets …
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Le Duff snaps up Spanish bakery peer Panamar
Le Duff Group, the French bakery and foodservice business, has swooped for Spain-based bread and pâtisserie company Panamar. In a statement, …
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Applied Nutrition shares hit amid Middle East caution
Applied Nutrition saw its shares fall in early trading today (23 March) after the UK company signalled it expects its …
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Le Duff snaps up Spanish bakery peer Panamar
Le Duff Group, the French bakery and foodservice business, has swooped for Spain-based bread and pâtisserie company Panamar. In a statement, …
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Applied Nutrition shares hit amid Middle East caution
Applied Nutrition saw its shares fall in early trading today (23 March) after the UK company signalled it expects its …
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Synlait outlines “recovery roadmap” after H1 loss
Synlait Milk today (23 March) sketched out its plans for “recovery” after posting a half-year loss of more than NZ$80m …
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Kraft Heinz to “upgrade” Canada plant
Kraft Heinz is making a multimillion-dollar investment at its factory in Montreal. In a statement, the company said it will invest …
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This week: dairy leaders to convene for Amsterdam conference
Arena International, Just Food’s sister events business, is to host its annual dairy-industry conference this week. The two-day Dairy Innovation Strategies …
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McCormick fires up M&A with Unilever move
Well, that’s spiced things up. In a week when it was reported Unilever was looking to, in the corporate parlance, …
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Premier Foods ‘eyeing UK pizza business Crosta Mollica’
Premier Foods is reportedly eyeing up an acquisition of pizza business Crosta Mollicca but has refused to confirm the speculation. Just …
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Unilever confirms talks to sell food assets to McCormick
In a week where speculation re-emerged over the future of Unilever’s food business, the CPG giant has confirmed it is …
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Ex-Hovis boss joins UK rival Jacksons
Jon Jenkins, the former chief of UK-based bakery business Hovis, has been hired by local rival Jacksons Bakery. Jenkins will join …
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Iran crisis: food volume recovery in jeopardy from new inflation wave
The Iran crisis could not have come at a worse time for packaged food companies, which are still rebuilding volumes …
