Ireland’s Valeo Foods acquired by US PE firm Bain Capital
Kettle Crisps and Jacobs biscuits owner Valeo Foods Group has been acquired by a US private-equity firm for an undisclosed sum.
Canned food
WHO issues new global benchmarks for salt in food
The World Health Organization (WHO) has set its sights on reducing salt in food products...
Tesco rolls out finance scheme for green suppliers
Tesco is rolling out an initiative that will see its supply base offered sustainability-linked supply...
The challenges facing Big Food on net-zero
The commitments being made by members of Big Food on net-zero has led to some optimism...
US, UK, EU – comparing the new 2030 climate targets
The UK has announced an emissions reduction target that would see a faster decline than...
Del Monte Pacific’s Philippines unit revisits IPO
The Philippines unit of fruit products manufacturer Del Monte Pacific is revisiting an IPO postponed in 2018 due to a decline in the local stock market. The subsidiary, Del Monte…
CEOs are hugely expensive – why not automate them?
If a single role is as expensive as thousands of workers, it is surely the prime candidate for robot-induced redundancy, writes Will Dunn. Over the next two weeks, the boards…
UK exports to EU down again in February – industry body
UK food and drink exports to the EU were down by more than 40% in February year-on-year, according to trade body The Food and Drink Federation. Data released today by the…
Why ‘Clean Plate’ must only be part of China’s war on food waste
Although the Asian powerhouse has recently seen a decline in population growth, food security remains a key issue. Andy Coyne looks at what lies behind China's attempts to tackle food…
Nestle flags price hikes as inflation likely to spill over to 2022
Nestlé has warned the onslaught of inflation driven by commodity, packaging and transport costs is likely to spill over into next year, warranting further price increases by the world's largest food…
Nestle joins Magnit-led Russia initiative to promote healthy food
Nestlé has joined an initiative in Russia led by retailer Magnit to promote healthier lifestyles and eating, with a key focus on increasing the supply of foods and beverages low…
