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 …
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Zydus Wellness expands healthy snacks portfolio with Naturell India acquisition
Indian consumer company Zydus Wellness has acquired healthy snacking company Naturell India for a total value of Rs3.9bn ($46m). On 30 …
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Tiger Brands to sell maize, sorghum cereal lines under CEO Tjaart Kruger’s simplification strategy
South Africa’s Tiger Brands is looking to sell it maize and sorghum cereal lines under CEO Tjaart Kruger’s portfolio optimisation …
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UK food exports to EU “down by £3bn a year since Brexit”, study says
The UK’s food exports to the EU have fallen by £2.82bn ($3.57bn) annually since Brexit, according to the Centre of …
