Kraft Heinz confirms split into two independent companies
Kraft Heinz has confirmed the US food and drinks giant will split into two publicly listed companies in a plan …
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PepsiCo must review portfolio to boost growth, investment fund Elliott says
PepsiCo should review the make-up of its food and drinks businesses in North America to boost its performance after a …
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No more “boring” Nestlé – what next after shock CEO sacking?
Nestlé’s reputation as one of the consumer goods sector’s dependable names has taken a knock over the last couple of …
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Private-equity group LDC invests in Bespoke Kitchen Foods
LDC, the private-equity arm of Lloyds Banking Group, has backed UK vegetarian food manufacturer Bespoke Kitchen Foods. According to a joint …
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Lantmännen Unibake buys Dutch bakery group Boboli Benelux
European bakery group Lantmännen Unibake has acquired Boboli Benelux, a Dutch producer of savoury baked goods. Financial terms of the transaction …
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Lantmännen Unibake buys Dutch bakery group Boboli Benelux
European bakery group Lantmännen Unibake has acquired Boboli Benelux, a Dutch producer of savoury baked goods. Financial terms of the transaction …
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Open Country Dairy acquires milk-processing peer Miraka
Open Country Dairy in New Zealand has agreed to acquire the Māori-owned dairy business Miraka for an undisclosed sum. Both companies …
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Australia regulator launches price-fixing case against fresh veg suppliers
Australia’s competition regulator said it is taking legal action against a handful of local fresh produce suppliers for “alleged price …
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Perwyn exits investment in halal food business Isla Délice
Halal food business Isla Délice is poised for a change in ownership as UK-based private-equity group Perwyn plans to exit …
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Nestlé dismisses CEO after “undisclosed romantic relationship”
Nestlé has dismissed CEO and company veteran Laurent Freixe after an “undisclosed romantic relationship with a direct subordinate”. In a statement issued …
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Kraft Heinz ‘getting close to split announcement’
Kraft Heinz is reportedly advancing towards a decision on splitting the business in two. According to The Wall Street Journal, the …
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Dutch Cono Kaasmakers buys local butter business Jacques’ Kruidenboter
Dutch cheese producer Cono Kaasmakers is acquiring local herb butter producer Jacques' Kruidenboter. Financial terms of the transaction were not disclosed. Jacques' …
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Roberts Bakery plans to close UK factory
Roberts Bakery has set out plans to close a factory in central England. The family-owned group said the plant in Ilkeston, …
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Marfrig, Minerva disagree on status of Uruguay deal
Brazilian meat major Marfrig Global Foods has announced the termination of the deal to sell its Uruguay plants to local …
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Post Holdings sells 8th Avenue pasta business to Richardson International
Post Holdings is to sell the pasta business of 8th Avenue Food & Provisions to Richardson International. Canada-based agri-food group Richardson …
