Singapore Food Industries Archives - Just Food
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Singapore Food Industries

Food industry news of the week: Nestle, Unilever

Food industry news of the week: Nestle, Unilever

Nestle this week admitted 3G Capital and Warren Buffett's investments in the food industry had led to "accelerate" efforts to "adjust" its portfolio. The food giant was also one of the companies reporting first-quarter results, a group that included Unilever, which saw food volumes rise 3%, although it remains too early to call a sustained recovery from the unit.

In the spotlight: Hain Celestial swoops for Daniels to rouse UK business

In the spotlight: Hain Celestial swoops for Daniels to rouse UK business

Hain Celestial, the US food maker, is hoping its acquisition of UK chilled foods firm Daniels Group will galvanise its existing business on this side of the Atlantic. The company sees the deal benefiting its operations in Europe and in the US but it is in the UK where it is most likely to be hoping for the greatest impact. Dean Best reports.