Major US food companies are starting to reduce prices and increase promotional activity after several years of sustained price increases. At first glance, this may look like a strategic pivot. It is ...
T&G Global is in talks to sell its fresh produce business in New Zealand, Fiji and the Pacific following a review of operations. The New Zealand-headquartered group said it is in “advanced discussions ...
Privately-equity firm KKR has declined to comment on speculation over the potential disposal of its Flora spreads assets.
Lamb Weston activist investor Starboard Value has urged the frozen potato-products maker to restore market confidence and outline a clear path toward “sustainable” profit growth. In a letter to ...
Associated British Foods is pressing ahead with plans to separate Primark retail business from its food operations.
European organisations are calling for concerted measures to avoid a “food inflation crisis” stemming from the stalemate in the Middle East.
Activist investor Atlas Fox suggests Premium Brands shares are “undervalued”, a fix that could be addressed with an updated EBITDA target.
Sigma Foods has acquired US-based smoked meats producer Roger Wood Foods, in a deal for which financial terms were not disclosed.
Ireland’s East Coast Bakehouse has been snapped up by Danish cakes and biscuit manufacturer Bisca for an undisclosed sum ...
UK food inflation could reach 7% this year, businesses have told the Bank of England after the Food & Drink Federation predicted 9-10%.
Operational rigour” bore fruit for The Magnum Ice Cream Co. in the first quarter as volume growth more than doubled.
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