SKU cuts, asset sales, volume recovery and affordability – Tiger Brands CEO Tjaart Kruger talks strategy
Tiger Brands' CEO Tjaart Kruger has just begun his second year reshaping South Africa’s largest food company to boost margins …
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New European cheese major formed through Vache Bleue, FFP merger
Belgian dairy businesses Vache Bleue Group and Flanders Food Production (FFP) have merged. A new business, European Dairy Company, has been …
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Food, drink companies urge new European Commission to priortise sustainability in agri-food policy
Danone and Unilever are among food and drinks heavyweights urging the newly-elected European Commission to "put sustainability at the heart" …
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Aussie fruit-and-veg start-up Lockyer Valley Foods targets funds for new facility
Australia-based fruit-and-veg start-up Lockyer Valley Foods has embarked on a new funding round as it readies the construction of a …
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Surya Foods eyes healthy snacking market with Karma Bites stake
Surya Foods is eyeing a bigger presence in snacks with the acquisition of a "major" stake in fellow UK business …
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Hershey shares jump amid talk of renewed Mondelez interest
Shares in Hershey rose in early trading in New York today (9 December) after a report said Mondelez International had …
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US snacks business Hearthside settles child labour probe
Hearthside Food Solutions has paid $4.5m to settle a child labour investigation dating back nearly two years. The US-based snacks business, …
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Nestlé cereal JV explores options for France factory
Cereal Partners Worldwide, Nestlé's global cereal venture with General Mills, is conducting an “industrial review” of a facility in France. In …
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Sluice gates ease open to more food M&A in 2025
Deal-making in the packaged-food industry is anticipated to gain momentum in the new year after what turned out to be …
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USDA initiates national milk testing for bird flu surveillance
The US Department of Agriculture (USDA) has launched a National Milk Testing Strategy (NMTS) to monitor the spread of highly …
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Comvita’s 2024 loss widens on “accounting irregularities” linked to China
Comvita’s shares took another knock today (9 December) as the Manuka honey business said “accounting irregularities” linked to China would …
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Butterball to close Arkansas plant in 2025, impacting 180 jobs
Butterball, a US-based turkey processor, is shuttering its Jonesboro, Arkansas, processing plant in 2025. The decision will impact around 180 employees. The …
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Agrovision expands into cherry production with ZurGroup acquisition
US berry company Agrovision has entered the cherry production market by acquiring ZurGroup, a Chile-based fruit grower and exporter. Agrovision said it …
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EU announces deal with Mercosur trade bloc
The EU has announced a trade deal with South America's Mercosur bloc, which includes Brazil, Argentina, Paraguay, and Uruguay. European Commission …
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Bunge, Cargill, JBS rank “worst” for deforestation in Brazil, NGO Mighty Earth says
Soy supplier Bunge, plus meat giants Cargill and JBS, have been called out in a new deforestation tracker devised by …
