Hain Celestial to “aggressively” cut portfolio as shares slide on $531m loss
Hain Celestial plans to “aggressively” trim the US food and drink major’s portfolio under interim president and CEO Alison Lewis. Lewis …
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UK food, drinks body takes swipe at government’s “inflation-fuelling” policies
The Food and Drink Federation (FDF) has taken a swipe at UK government policy as an uptick in grocery inflation …
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Hovis CEO Jon Jenkins to leave UK baker
Hovis CEO Jon Jenkins is stepping down after three years in the lead role at the UK bakery business. Jenkins departure …
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Royal Greenland appoints Toke Binzer as CEO
Royal Greenland has named Toke Binzer as the new CEO of the seafood major following the departure of Susanne Arfelt …
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Calbee acquires majority stake in tofu business Hodo
Japan-headquartered snacks group Calbee has acquired a majority stake in US-based tofu-maker Hodo. Calbee said in a statement the deal …
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Biscuit International staff on strike in France
Employees at a Biscuit International factory in France are on strike for a second day amid complaints over working conditions. Staff …
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Sofina Foods plant restarts after legionnaires’ shutdown
A Sofina Foods factory linked to a fatal legionnaires’ outbreak in Canada has re-opened, with a class-action suit against the …
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MBC Companies snaps up fellow pizza business Alpha Foods
Private-equity backed MBC Companies has acquired US-based frozen pizza maker Alpha Foods. Financial terms of the transaction were not disclosed. Frozen food …
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Strauss to launch “animal-free” dairy products in Israel
Israeli food conglomerate Strauss Group is about to launch a line of “animal-free” dairy products in its domestic market. First out …
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Ecotone takes Kallo brand into alt-milks with UK launch
Ecotone has made its debut in the dairy-alternative drinks sector with the UK launch of two oat milk products under …
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AI skills: companies want them, locations try to provide them, but what exactly are they?
On the poster-sized bingo card of AI buzzwords – including, but not limited to, agentic AI, democratic AI, augmentation, automation and …
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Private label pinches branded share as premium proposition takes hold
There’s a reshaping of consumer purchasing habits playing out in food grocery to the advantage of private label, leaving branded …
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Emerging markets to lead 22% global egg growth by 2035 – Rabobank
Emerging markets are expected to lead an anticipated 22% in global egg growth in the next ten years, according to …
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Bega Group finds buyer for peanut assets in move to save 30 jobs
Australia’s Bega Group has found a buyer for its peanut processing assets but still plans to go ahead and close …
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US poultry major Perdue Farms to cut jobs
Perdue Farms will eliminate the second shift at a turkey processing plant in Washington, Indiana, resulting in hundreds of job …
