Europe losing investment attractiveness for food, drink producers, says survey
Europe’s food and drink manufacturers are becoming more pessimistic about the region’s business prospects, according to a new survey from …
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UK meat, dairy exports hit “record”
The UK’s combined export sales of meat and dairy products surpassed £4bn ($5.39bn) in 2025, levy body AHDB says. Citing HRMC …
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PepsiCo to permanently close Frito-Lay California plant
PepsiCo is permanently shutting its Frito-Lay snacks facility in southern California, reportedly putting more than 200 jobs on the line. …
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Freshpet reins in sales growth bets but 2027 targets largely intact
Freshpet met its sales growth goal last year after a number of downgrades but guided to a slower print in …
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Sara Lee Frozen Bakery names new CEO
Sara Lee Frozen Bakery has appointed Peter Laport as the new CEO of the private-equity-backed group to lead its “next …
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Fazer looks to M&A after “record” 2025 sales
Finland’s Fazer Group is open to acquisitions as it seeks to build on an unprecedented year for sales. “As we continue …
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Danone quantifies first-quarter sales impact from infant-formula recall
Danone does not anticipate any tightening of regulations in the wake of the infant-formula recalls as the dairy giant pointed …
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Comvita receives offshore interest for capital raise
Comvita has attracted overseas interest as the Manuka honey maker works on a capital raise under its wider recapitalisation programme. In …
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Former Bubs CEO Reg Weine to head up Freshmax
Australian fresh-produce supplier Freshmax Group has hired former Bubs Australia chief executive Reg Weine as its new CEO. In a statement, …
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Nasta Pet Food snaps up FirstMate
French family-owned business Nasta Pet Food has acquired Canada-based peer FirstMate Pet Foods. Financial terms were not disclosed. Founded in 1989, British …
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“The actions we are taking are working” – key takeaways from Nestlé annual results
It was a day of change for Nestlé in what seemed more like a capital markets day or the first …
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Pure Treats buys Primal Pet Foods from private-equity owners
Canadian pet-food business Pure Treats has acquired peer Primal Pet Foods from private-equity firm Kinderhook Industries. Montreal, Quebec-based Pure Treats, which …
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Inghams reduces earnings forecast
Australian poultry processor Inghams Group has lowered its earnings guidance for its 2026 financial year. In a stock-exchange release on its …
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US food, drink recalls “hit nine-year high”
Food and drink recalls in the US increased in 2025 to reach a nine-year high, according to new research. The …
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Baby-formula recalls mean cereulide exposure risk low, EU says
EU authorities have determined the likelihood of exposure to baby formula contaminated with the cereulide toxin to be "low" following …
