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Meati Foods names Phil Graves new CEO as it aims to “rightsize its workforce”

US alternative-protein group Meati Foods has announced the appointment of Phil Graves as the new CEO. Graves, who also becomes a …

US-based Crest Foods acquired by Harwood Private Equity

UK-based investment firm Harwood Private Equity has acquired US manufacturer Crest Foods. Financial terms of the deal were not disclosed. Crest …

Why claims of ‘sustainable’ beef should be taken with a pinch of salt

In September 2019, the New Yorker published a lengthy article detailing the disruptive intentions of alternative meat businesses. The major …

Comvita books first-half loss as sales drop in China, North America

New Zealand’s Comvita has booked a first-half loss for fiscal 2024 as sales sank in China and North America. The Manuka …

Danone ‘to sell off operations in Russia’  

Danone is reportedly intending to sell its operations in Russia to local dairy group Vamin Tatarstan. The Activia maker is said …