PepsiCo sets out agenda after crunch investor talks
PepsiCo has set out its strategy designed to appease activist investor Elliott Investment Management, with a requisite to “accelerate” organic …
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The Arnott’s Group follows Patties in government fund support
The Australian government has contributed to a debt refinancing deal at snacks major The Arnott’s Group. Through Australia's National Reconstruction Fund …
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Campbell’s buys stake in Rao’s sauces partner La Regina
The Campbell’s Company has struck a deal to buy almost half of the business that makes its Rao’s cooking sauces. Campbell’s …
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Italian baker L’Albero del Pane secures investment
Italian bakery group L’Albero del Pane has attracted new capital from a group of investors to support its “consolidation strategy” …
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US industry groups sue Texas over ingredient labelling plans
Food and drinks trade bodies representing the industries’ largest manufacturers have filed a lawsuit against efforts in Texas to require …
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UK watchdog to probe Délifrance takeover
The UK’s anti-trust regulator has found Belgium bakery group Vandemoortele’s planned takeover of Délifrance may hit competition in the country. After …
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European Commission approves Mars’ acquisition of Kellanova
The European Commission has given the green light to Mars' $35.9bn takeover of Kellanova. In a statement, the Commission said it …
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TMICC begins new life as global ice-cream leader in positive stock market debut
Management at The Magnum Ice Cream Company can now begin the real work of building toward its organic growth target …
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Canada food prices to rise by up to 6% in 2026 – study
Food prices in Canada could rise by up to 6% next year, with the cost of meat potentially increasing faster, …
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Trump sets up anti-trust task forces in food pricing probe
Donald Trump has signed an order to establish task forces to tackle potential "security risks" in the US from alleged …
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Camposol eyes production gains with new financing deal
Major fresh-produce supplier Camposol is to invest in areas including productivity, water use and genetics after striking a $400m financing …
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Key investor in South Africa’s Oceana trims stake
Brimstone Investment is selling nearly a third of its shareholding in Oceana Group, the South African fishing and food-processing company. The …
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“There’s still too many small brands. There will be consolidation” – Livekindly Collective CEO David Suarez on the meat-free challenge as profit wheel starts turning
It’s been a rough ride for the plant-based meat category in the last couple of years but US-headquartered Livekindly Collective …
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Hormel Foods leans into protein trend as portfolio trimming planned
As Hormel Foods leans into the protein trend to support revenues and profits, the US retail and foodservice business has …
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Candy Factory buys majority of Italgum Caramelle
The Candy Factory, the Italian confectionery group, has taken a “majority” stake in Italgum Caramelle. The stake size and financial terms …
