Comvita’s 2024 loss widens on “accounting irregularities” linked to China
Comvita’s shares took another knock today (9 December) as the Manuka honey business said “accounting irregularities” linked to China would …
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Butterball to close Arkansas plant in 2025, impacting 180 jobs
Butterball, a US-based turkey processor, is shuttering its Jonesboro, Arkansas, processing plant in 2025. The decision will impact around 180 employees. The …
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Agrovision expands into cherry production with ZurGroup acquisition
US berry company Agrovision has entered the cherry production market by acquiring ZurGroup, a Chile-based fruit grower and exporter. Agrovision said it …
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EU announces deal with Mercosur trade bloc
The EU has announced a trade deal with South America's Mercosur bloc, which includes Brazil, Argentina, Paraguay, and Uruguay. European Commission …
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Bunge, Cargill, JBS rank “worst” for deforestation in Brazil, NGO Mighty Earth says
Soy supplier Bunge, plus meat giants Cargill and JBS, have been called out in a new deforestation tracker devised by …
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Vegetable oil leads UN food-price index to hit 20-month high
Food commodity prices across the globe hit a 20-month high in November, according to the latest index from the UN …
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German conglomerate BayWa mulls future of T&G Global fruit, veg unit
German conglomerate BayWa is considering selling its majority interest in its T&G Global fresh produce business unit in New Zealand, …
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German chocolate manufacturer Gubor scraps bond offer
German chocolate maker Gubor Schokoladen has cancelled its plan to issue a corporate bond valued at €60m ($64m). The branded and …
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Agrial lines up Julien Heillaut as new CEO
French food and drinks group Agrial has promoted Julien Heillaut to the position of CEO. Heillaut will take the helm on …
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Big Food’s stake in the future – in-house venture-capital funds’ investments
For Big Food companies looking to gain exposure to new, exciting, potentially faster-growing categories, M&A remains a popular route. But …
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Campbell’s CEO’s passing play
It’s not often a food major’s CEO steps down for a new job in sport but that was the news …
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What role does ESG play in food-industry M&A?
Sustainability and other environmental, social and governance (ESG) factors are “now more than ever driving strategic acquisitions by food and …
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Conagra tight-lipped on report of Chef Boyardee review
Conagra Brands has declined to comment on a report the US food group has launched a process to offload its …
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Climate Investment Funds backs plan to bolster food security in Ethiopia
The board of the Climate Investment Funds (CIF) is supporting a plan aimed at protecting rural communities in Ethiopia from climate-related …
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Nestlé sells New Zealand’s Egmont Honey
Nestlé has confirmed the sale of New Zealand business Egmont Honey to Beijing-based Huatai International Private Equity Fund. Set up in …
