US protein group Hormel Foods is to acquire chicken producer Brakebush Brothers from its family owners for approximately $1.05bn. “The acquisition advances Hormel Foods’ strategy of investing in ...
Lerøy Seafood Group is to end production at one of its domestic factories by the end of the year. The Norway-based business is to shut its processing plant in Hestvika amid “structural market changes ...
California Governor Gavin Newsom has signed off on a bill establishing a voluntary label certification for qualifying non-ultra-processed foods. The legislation mandates the state’s public health ...
Credit: Jonathan Weiss / Shutterstock.com. Non-profit ProTerra Foundation is taking on the running of Mondelez International’s Harmony wheat sustainability programme. The move turns Harmony into an ...
Unite claims a strike by Hovis drivers planned for this week in south-west England will lead to bread “shortages” in affected areas of the UK. The industrial action is scheduled for this Thursday 24 ...
Huel has been rapped by the UK advertising watchdog after an online video was ruled “irresponsible” and found to feature unauthorised health claims. The meal-replacement brand, acquired by Danone in ...
Crosta Mollica has merged with the European pizza business spun-off by Nestlé three years ago into a venture with private-equity firm PAI Partners. London-headquartered Crosta Mollica, which is ...
Lindt & Sprüngli has lowered its forecast for its annual organic sales, citing the impact of price increases and weaker volumes. The Swiss chocolate maker expects its organic sales to be flat at worst ...
Cargill plans to boost its cooked poultry operations in Thailand, with investment in capacity expansion and automation. The US-based, privately-owned meat giant is ploughing Bt2bn ($60m) into the ...
Hormel Foods has lowered its sales guidance after pressure on parts of the US group’s turkey and snacks businesses weighed on its third-quarter results. The Jennie-O turkey and Skippy peanut butter ...
Long-running speculation over the future of Hain Celestial’s business in Europe has finally come to a head with the disposal to a private-equity investor. Nasdaq-listed Hain Celestial said in a ...
Credit: Ho Su A Bi/Shutterstock. Comvita chair Bridget Coates is facing a vote of no confidence amid a call for her removal at the Manuka honey maker’s shareholder meeting next month. In a filing with ...