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New study pushes for two-colour traffic-light front-of-pack labelling in India
A two-colour traffic light system for front-of-pack labels (FoPL) on packaged goods has been deemed “most effective” in helping Indian …
Investor-backed Rise Baking acquires pair of pie-making plants
US-based Rise Baking has snapped up two pie-making facilities from Wonder Brands for an undisclosed fee. The sites, which are in …
Lactalis to invest €160m in “strategic” Italy before 2025
Lactalis is set to invest a total of €160m ($172m) in its Italian operations in the two years until the …
UK food and drink industry confidence on the rise – survey
There are signs UK food and drink manufacturers are becoming more confident about their prospects, an industry survey has suggested. According …
Food commodity prices hold lows despite pressure from oils, dairy and sugar – FAO
Global food commodity prices held at a 31-month low in November as a drop in the cost of cereals and …
France becomes less attractive FDI destination for FMCG groups, survey shows
France is less appealing to multinational investors due to margin pressures, the social and political climate and the cost of …
Vivartia unit Barba Stathis buys majority of local peer Halvatzis Makedoniki
Greece-based agri-food company Barba Stathis, a subsidiary of food giant Vivartia, has acquired a majority stake in local peer Halvatzis …
Japan’s Meiji to build new Y48bn dairy plant
Japanese food group Meiji Co. has announced plans to invest Y48bn ($331m) in the construction of a new domestic …
UK soup group Baxters confirms job cuts
Scottish soup manufacturer Baxters Food Group has confirmed that a “small number” of jobs are set to be cut as …
Lindt & Sprüngli announces science-based climate targets
Switzerland-based chocolate major Lindt & Sprüngli has launched near- and long-term science-based emissions reduction targets with the Science Based Targets …
Kraft Heinz, ADM among accused in ‘greedflation’ report
A report has accused some companies, including food major Kraft Heinz, of “amplifying inflation” through excessive prices. UK-based think tanks IPPR …
Danone in talks with “Ferrero-related” group over sale of Michel et Augustin
Danone is in talks to sell its French baked goods business Michel et Augustin to “Ferrero-related” Belgian holding company CTH …
Weetabix acquires UK breakfast-cereal peer Deeside Cereals
Weetabix, the UK breakfast-cereal business owned by Post Holdings, said it has acquired local peer Deeside Cereals. Deeside Cereals was bought …
JM Smucker’s portfolio reshaping paints mixed bag outlook
JM Smucker anticipates a $650m benefit to its top-line sales this year from the acquisition of sweet baked goods snacks …
Nestlé to adopt “lower-emission fuels” for half of shipping trade
Nestlé has revealed plans to adopt “lower carbon alternatives” for half of its “global shipping needs”. The Swiss coffee and bottled …