Putting fizz into PepsiCo: weighing up activist advice for US giant
“We hope this presentation is received in the spirit in which it is shared,” Elliott Investment Management partners Jesse Cohn …
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Investindustrial merges Winland Foods and La Doria to form Windoria group
PE firm Investindustrial has combined US private-label manufacturer Winland Foods and Italy's La Doria to form Windoria, a new business …
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Campbell’s admits liability to clean-water breaches at US facility
The Campbell Co. has acknowledged liability for over 5,400 infringements of US clean-water regulations at the food giant's facility in …
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UK watershed ad rule changes boost brands but anger NGOs
New regulations published by the UK government on pre-watershed adverts for HFSS foods and drinks have met criticism for favouring …
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EU review of Mars-Kellanova deal restarts as December deadline set
Mars’ takeover of Kellanova could be approved and sealed before Christmas as the European regulator sets a new deadline to …
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Heartland Food Products Group buys North America rights to SlimFast from Glanbia
Splenda owner Heartland Food Products Group has acquired the rights to the SlimFast brand in North America from Irish food …
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Ben & Jerry’s Jerry Greenfield quits in independence row with Unilever
Jerry Greenfield, one of the original founders of Unilever-owned Ben & Jerry’s ice cream, has resigned. In a letter shared by …
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“We’re looking for businesses with a unique go-to-market strategy” – acquisitive Creo Capital sets out game plan
Creo Capital Partners is eyeing a pipeline of potential deals to complement its Hispanic foods and private-label portfolio, targeting companies …
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Nestlé chairman Paul Bulcke to step down early
Nestlé chairman Paul Bulcke is stepping down earlier than planned in the wake of the shock departure of CEO Laurent Freixe …
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Hungary blocks overseas takeover of Alföldi Tej dairy cooperative
Hungary has blocked the proposed acquisition of dairy company Alföldi Tej by an overseas consortium on the grounds it would …
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Lactalis sets out France capex programme
French dairy giant Lactalis is to invest €1bn ($1.18bn) into "modernising" its domestic manufacturing sites. The company has set out a …
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California passes bill to phase out “forever chemicals” in food packaging
California’s legislature has passed a bill to ban “forever chemicals” in food packaging and certain consumer goods, though the move …
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Bakery group Vandemoortele secures fresh financing
Belgian bakery group Vandemoortele has secured €100m ($118.01m) in funding amid its expansion push. The company, known for its bakery products, …
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South Africa’s Libstar receives takeover interest
South African consumer goods producer Libstar has drawn interest from potential acquirers amid an internal review of the business. In a …
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New CEO for US group J. Skinner Baking
US group J. Skinner Baking has appointed food-industry veteran David Kowal as its CEO. Kowal's most recent executive role was chief …
