Mars CEO gets board role at GLP-1 supplier Novo Nordisk
Novo Nordisk, one of the principal suppliers of GLP-1 weight-loss medication, has handed a board role to the chief executive …
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Why the future of small-fry alternative seafood needs new technology
There’s an argument to be had that plant-based seafood alternatives are literally dead in the water judging by the number …
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T&G Global hires Goldman Sachs to work on possible sale
T&G Global has appointed Goldman Sachs to assist with the possible change in ownership at the NZ fresh-produce supplier. Nine months …
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Laird Superfood CEO talks up sales benefit of Navitas deal
Laird Superfood expects “nice distribution gains” from its acquisition of US organic food-and-drinks business Navitas, the company’s CEO has said. Just …
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United Petfood buys factory in Türkiye with local partner
Belgium’s United Petfood and Turkish partner Lider Petfood have acquired a production facility. In separate statements on Friday (27 March), the …
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JBS paints bleak landscape for US beef as cattle shortages persist
Despite reporting record US beef sales, meat giant JBS has outlined the excess processing capacity challenges that led rival Tyson …
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CO2 plant reopens to bolster UK supply as Middle East conflict rages on
The UK is temporarily reopening a bioethanol plant to shore up CO2 supplies for local industries, including food and drinks. According …
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CK Snacks strikes again in co-manufacturing M&A
CK Snacks has struck a deal to acquire fellow US-based co-manufacturer Keystone Food Products. Financial terms of the deal were not …
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Stellar Snacks attracts investment from PE firm
Private equity investor Main Post Partners has taken a minority stage in US-based better-for-you pretzel maker Stellar Snacks. Main Post described …
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US rice-products firm Lundberg Family Farms names new CEO
US rice-products company Lundberg Family Farms has promoted Suzanne Sengelmann from chief growth officer to CEO. Sengelmann, the first woman to …
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Canned fruit – a category in decline or structural industry shift?
For years, the canned fruit category in the US has been in steady decline. Consumption has gradually eroded, shelf space …
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ABF bakery arm future at risk if Hovis deal fails, UK watchdog says
The UK’s competition watchdog has provisionally cleared Associated British Foods’ move to acquire bread rival Hovis, stating the buyer’s own …
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Monde Nissin’s meat-free sales recovery takes shape but losses still evident
Quorn brand owner Monde Nissin has posted another year of net losses for its meat-free division although sales showed signs …
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Taylor Farms boosts CEA produce range with Equinox Growers buy
Taylor Farms is expanding its controlled-environment agriculture (CEA) business after acquiring Equinox Growers from Generate Capital. The financial terms of the …
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Dairy “in good space” as GLP-1 changes view of protein, Valio says
The dairy sector can benefit from the rise of GLP-1 drugs as users, eating less food, start to examine the …
