Nestlé’s Russia destiny looks doomed with “sizeable” revenue hit on exit
It’s highly plausible Nestlé will have to write-off assets in Russia following the Kremlin’s seizure of its operations, with an …
Post
-
-
Compaxo Groep buys Dutch meat peers
Compaxo Group has announced plans to snap up fellow Dutch meat producers Gepo Vleeswaren and Kroon Vleeswarenfabriek Zwaagwesteinde. The financial terms …
-
JBS embraces protein trend with branch-out of Genu-in subsidiary
Meat giant JBS is taking advantage of the rising demand for protein by creating a new business for its Genu-in …
-
European confectioner Loacker invests in alt-chocolate firm
Italian confectionery major Loacker has backed Danish alternative chocolate start-up Endless Food Co. The chocolate wafers producer has committed to investing …
-
Barilla to shake-up domestic pasta production
Barilla is in talks to sell three production sites in Italy as part of plans to revamp its manufacturing in …
-
Nestlé reviews options as Russia seizes assets
Nestlé is assessing its options after Russia placed the Swiss giant's operations in the country under "temporary administration". A decree signed …
-
Juanita’s Foods to house production at new plant
Juanita’s Foods is set to move production to a newly acquired manufacturing facility in Santa Fe Springs in California. The company, …
-
Nestlé faces infant formula legal dispute with India’s FSSAI
Nestlé is facing “legal action” from India’s food-safety regulator over accusations of “non-compliance” in the Swiss giant’s infant formulas. Three “adjudication …
-
Cerebelly bolsters kids food offering with Fresh Bellies acquisition
Cerebelly, the US-based producer of “cognitive-focused” baby food, has acquired the local kids snacks business and brand Fresh Bellies. Financial terms …
-
Pilgrim’s Europe partners with ABF unit in Patak’s, Blue Dragon ready meals
Pilgrim’s Europe and a unit of Associated British Foods (ABF) are teaming up to launch a range of Asian-inspired branded …
-
Unilever accused of “double standards” for workers post McCormick merger
The IUF union has accused Unilever of “double standards” in pay and benefits negotiations for workers in and outside of …
-
India’s LT Foods buys out Kameda Seika from JV
India’s LT Foods is acquiring the remaining 49% stake in its rice-snacks joint venture with Japan’s Kameda Seika. In a stock-exchange …
-
Cargill invests in Thailand featuring automation, AI
Cargill plans to boost its cooked poultry operations in Thailand, with investment in capacity expansion and automation. The US-based, privately-owned meat …
-
Ruiz Foods cuts jobs at US plant
US-based Ruiz Foods is shedding staff at a manufacturing facility in California to better match projected demand. In a statement to …
-
CH Guenther buys US baking mixes and seasonings firm House-Autry
US food manufacturer CH Guenther & Son has snapped up House-Autry Mills, a maker of branded baking mixes, seasonings and …
