Ferrero confirms deal to buy WK Kellogg for $3.1bn
Ferrero has confirmed the confectionery giant has entered an agreement with WK Kellogg to acquire the US-based breakfast cereals business …
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Yowie backs off bid for Keybridge Capital
Australia-based confectioner Yowie has decided against moving to acquire Keybridge Capital, its largest shareholder. Yowie’s proposed offer, announced in May, contained …
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Unilever eyes demand for Asian cuisine with new noodle brand
Unilever has launched Namdong, a Korean-inspired, instant-noodle brand in the UK, pointing to demand for Asian-inspired food and flavours. Citing research …
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Flavour, ethics and affordability – the factors shaping Gen Z consumption in Indonesia
Food companies doing business in Indonesia are intensifying efforts to attract Gen Z consumers, who are demanding products that not …
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Western Smokehouse returns to former majority owner Monogram
Western Smokehouse Partners is changing private-investor ownership as the US-based meat-snacks maker is let go by majority owners AUA Private …
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NewPrinces strikes deal to buy Kraft Heinz baby-food assets
NewPrinces has entered a deal to buy Kraft Heinz’s Italian baby-food business. Under the terms of the transaction, Italy-based NewPrinces is …
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Nutella maker Ferrero ‘on cusp of securing $3bn takeover of WK Kellogg’
Reports suggest Italian confectionery giant Ferrero is on the cusp of acquiring the North American breakfast cereals business WK Kellogg …
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EU quotas for Ukraine “disproportionate”, agri lobby groups argue
The published details of the new trade deal between EU and Ukraine have drawn criticism from a group of industry associations. A …
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Bega Group to close peanut processing business
Australia’s Bega Group is to close its peanut processing arm, the Peanut Company of Australia (PCA). The decision will result in …
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Espersen confirms plan to close UK seafood factory, affecting 115 jobs
Danish seafood company Espersen is to go ahead and close its UK fish-processing facility in Grimsby with the loss of …
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Hershey names former PepsiCo executive Kirk Tanner new CEO
Hershey has named former PepsiCo executive Kirk Tanner as its new president and CEO to succeed Michele Buck, who had …
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Private-equity firm buys majority of Australian dairy supplier Procal
Private-equity firm company Anacacia Capital has acquired a majority stake in Australia-based dairy supplier Procal. In a statement announcing the deal, …
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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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Top four lessons from the art of the tariff deal
Believers will say it’s been months of 4D chess. But believers of the US tariff policy are few and far …
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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 …
