Nestlé CEO sanguine on margin improvement as coffee, cocoa prices retreat
Nestlé’s CEO is confident retreating cocoa and coffee prices will improve margins this year as the company bids to drive …
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Nutella to fore as Ferrero sets out France capex plans
Ferrero is investing in production facilities in France to support the confectionery and spreads giant's Nutella brand. The capital injection of …
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Private-equity firm 3i buys majority stake in Laboratoire Nutergia
Sports-nutrition and supplements business Laboratoire Nutergia has sold a majority stake to private-equity firm 3i Group. 3i has acquired a 51% …
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Nestlé to buy “ready-to-drink meals” firm Yfood outright
Nestlé has snapped up the rest of Yfood, the “ready-to-drink meals” firm in which it first invested three years ago. The …
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Wilmar forms agri-food JV with TGI Group
Wilmar International has formed an equally split joint venture with Tropical General Investments Group to combine their operations in Nigeria …
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“It’s not a linear exercise” – Libstar CEO Charl de Villiers on consolidation challenge for private-label and branded group
Under the guidance of CEO Charl de Villiers, South Africa’s Libstar Holdings is nearing the completion of a strategy to …
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General Mills offloads Häagen-Dazs shops in China
General Mills is selling its Häagen-Dazs shop operations in mainland China to a buyer group that includes QSR chain operator …
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Danish Crown to cut hundreds of jobs
Danish Crown is cutting around 800 jobs over the next three years as the meat producer "consolidates key functions". The changes …
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Nomad Foods invests in potato-waffle production
Nomad Foods has invested in potato-waffle production in the UK amid demand for "great-value" frozen products. The Birds Eye brand owner …
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South Africa’s Tiger to sell chocolate brand Beacon
South Africa-based FMCG group Tiger Brands has struck a deal to sell its Beacon chocolate brand. The transaction is Tiger’s latest …
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The Nutriment Company buys Yorkshire Raw Feeds
The Nutriment Company has continued its acquisition spree with the purchase of Yorkshire Raw Feeds, the UK-based raw pet food …
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Nestlé workers continue protest against layoffs at Spain plant
Employees at a Nestlé plant in Spain have agreed to carry out work stoppages this week, continuing their protest against …
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Arla and DMK CEOs set out post-merger stall
“On day one, first of all, we will celebrate a little bit,” Ingo Müller, the CEO of Germany’s largest dairy …
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Lune & Wild to boost kids’ food production with new funding
UK's Lune & Wild has secured new funds to grow the production of its baby and children’s food products and …
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Toms Capital ‘buys stake in McCormick’
US-headquartered Toms Capital Investment Management has reportedly built a stake in McCormick, the US-based spices and seasonings business. According to unnamed …
