Europastry acquires majority stake in Thailand’s Art of Baking
Spain-based bakery giant Europastry has acquired 60% of Art of Baking in Thailand. Europastry, which put its IPO plans on hold …
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Unilever workers stage walkout in Germany
Unilever staff in Germany’s Baden-Württemberg region went on a “warning strike” yesterday (7 July) in a dispute over wages. Taking place …
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Westfalia Fruit snaps up Greenpoint Trading in strategic foodservice play
South Africa’s Westfalia Fruit Group is bolstering its foodservice presence in Europe for avocados with the acquisition of Greenpoint Trading. The …
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Mondelez urges further delay to EU deforestation law
Mondelez International has called for a further delay to the EU Deforestation Regulation (EUDR), saying it must be “workable” in …
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Carrefour, Coopérative U form Europe buying alliance
French retail giants Carrefour and Coopérative U have formed a new European buying alliance, called Concordis. Announced yesterday (7 July) in …
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UK competition watchdog looks into Greencore Bakkavor merger
The UK’s Competition and Markets Authority (CMA) has launched an investigation into the proposed £1.2bn ($1.63bn) merger between Greencore and …
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UK’s Inspired Pet Nutrition seals offshore acquisition with Sopral deal
Investor-backed Inspired Pet Nutrition (IPN) has struck an acquisition outside of its domestic UK market with a deal for Sopral …
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China’s Feihe issues profit warning
China-based infant-formula maker Feihe has issued another profit warning ahead of the official issuance of its first-half results in August. …
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JBS kicks off beef exports to “strategic” Vietnamese market
JBS has sent its first shipment of beef to Vietnam as the Brazilian meat giant looks to tap into the …
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Lactalis boosts staff numbers in US with two factory investments
Lactalis is creating around 50 US jobs as the France-based dairy major invests in two factories in New York state. The …
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Bosqar takes majority stake in Croatian bakery business Mlinar
Croatian investment company Bosqar Invest has completed the acquisition of a majority share in local bakery business Mlinar for around …
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Griesson – de Beukelaer invests in biscuits production
German biscuits manufacturer Griesson - de Beukelaer is investing around €100m ($117.5m) to boost production at its factory in the …
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It’s gone pear-shaped at Del Monte Foods
How can a century(plus)-old brand fall into the position where Chapter 11 appears the best option to help the business? That’s …
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Roberts Bakery to cut jobs at UK factory
Roberts Bakery is cutting up to 250 jobs at its factory in Northwich in north-west England following “unprecedented challenges” in …
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India’s Reliance Industries to ‘form new consumer brands subsidiary’
India’s Reliance Industries is reportedly planning to set up a new subsidiary to house all of its consumer-facing brands, including …
