Nestle's investment in US coffee roaster and retailer Blue Bottle is another sign of a change in the food giant's M&A strategy since the arrival of CEO Mark Schneider earlier this year, Dean Best writes.
Danone has, in recent years, underwhelmed parts of the investment community, with complaints about its margins or the performance of its fresh dairy business. Broadly, sentiment among analysts at least has improved in recent quarters, although there remain whispers Danone could be the next target of activist investors. Nevertheless, Danone’s recent corporate moves have highlighted the company’s interest in areas of health and sustainability. Dean Best spoke to Danone CEO Emmanuel Faber to find out more.
It was Maple Leaf Foods' first major acquisition for over a decade and one very much in tune with one of the key trends in the North American marketplace. The Canada-based meat giant has become the latest in the sector to invest in the growing meat-free industry, snapping up US firm Lightlife Foods. Dean Best looks at the deal.