What role does ESG play in food-industry M&A?
Sustainability and other environmental, social and governance (ESG) factors are “now more than ever driving strategic acquisitions by food and …
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Nestlé sells New Zealand’s Egmont Honey
Nestlé has confirmed the sale of New Zealand business Egmont Honey to Beijing-based Huatai International Private Equity Fund. Set up in …
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Zydus Wellness expands healthy snacks portfolio with Naturell India acquisition
Indian consumer company Zydus Wellness has acquired healthy snacking company Naturell India for a total value of Rs3.9bn ($46m). On 30 …
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Tiger Brands to sell maize, sorghum cereal lines under CEO Tjaart Kruger’s simplification strategy
South Africa’s Tiger Brands is looking to sell it maize and sorghum cereal lines under CEO Tjaart Kruger’s portfolio optimisation …
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UK food exports to EU “down by £3bn a year since Brexit”, study says
The UK’s food exports to the EU have fallen by £2.82bn ($3.57bn) annually since Brexit, according to the Centre of …
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EU bodies provisionally agree one-year EUDR delay, amendments scrapped
The European Union has reached a provisional agreement with the bloc's Parliament to delay implementation of the EU Deforestation Regulation …
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Hungry for health: optimising global demand for probiotics
Growing awareness of the critical role gut health can play in general wellbeing and healthy ageing is driving a boom …
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Oatly loses court battle with Dairy UK over use of ‘milk’ in trademark
Swedish dairy alternatives maker Oatly has lost a court battle against trade body Dairy UK regarding the use of the …
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Tyson Foods closes three US plants
US meat major Tyson Foods is to shut three facilities in its domestic market. The company is closing two facilities in …
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Australia’s Fresh Produce Group sells majority stake to Macquarie
Australia’s Fresh Produce Group (FPG) has sold a “majority” stake to investment firm Macquarie Asset Management (MAM). The Australian fresh fruit …
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OWS Foods snaps up barbeque brand Lillie’s Q Sauces & Rubs
US-based OWS Foods has acquired Lillie's Q Sauces & Rubs, a peer in the barbecue category founded by chef Charlie …
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The Campbell’s Company promotes Mick Beekhuizen to replace NFL-bound CEO
Mark Clouse is stepping down as president and CEO of The Campbell's Company to pursue a career in American football. Clouse …
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Explainer: why methane-reducing additive Bovaer has caused frenzy for Arla Foods
Dairy multinational Arla Foods has come under fire following its announcement of plans to trial the use of feed additive …
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Why is Brazilian meat giant JBS investing so much money in Nigeria?
Meat heavyweight JBS's announcement that it is to invest $2.5bn into six meat packing plants in Nigeria was surprising because …
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Cargill could shed around 8,000 jobs under 5% global workforce reductions
Cargill plans to cut 5% of its global workforce, which based on data in the US-headquartered agri-food giant’s annual report …
