Lamb Weston investor Starboard urged the potato-products maker to restore market confidence and outline a path toward “sustainable” growth.

T&G Global is in talks to sell its New Zealand, Fijian and Pacific operations as the group aims to “maximise growth" opportunities.

Activist investor Atlas Fox suggests Premium Brands shares are “undervalued”, a fix that could be addressed with an updated EBITDA target.

Ireland’s East Coast Bakehouse has been snapped up by Danish cakes and biscuit manufacturer Bisca for an undisclosed sum ...

Calidad Pascual did not disclose the financial terms but said in a statement the agreement with Casa Tarradellas “aims to improve the long-term competitiveness of both companies ...

Finsbury Food Group has acquired better-for-you snacking brand Flower & White as it looks to expand in “higher-growth” bakery categories.

Privately-equity firm KKR has declined to comment on speculation over the potential disposal of its Flora spreads assets.

Hershey’s net sales jumped more than 10% in its first quarter, helped by pricing and M&A – but volumes fell. The Reese’s maker booked a 10.6% rise in net sales to $3.1bn for the quarter to 29 March.