A Russian logistics business has reportedly asked the country’s government to put five Nestlé subsidiaries under the temporary administration of the state.
Nomad Foods has guided to another year of falling sales and profits as newly installed CEO Dominic Brisby sets out on a “transition” phase. The European frozen-food supplier reported annual results ...
Lapo Civiletti, who became president of Ferrero Ice Cream and WK Kellogg in March after a management rejig, described Purely Elizabeth as a “highly complementary addition”. Th ...
New Zealand dairy and infant-formula business Synlait Milk has denied it is in takeover talks with The A2 Milk Company and Fonterra.
Lithuania-based seafood processors Nordian Group and Norvelita are to move into private-equity ownership. INVL Asset Management, based in Vilnius, Lithuania’s capital, has signed agreements to buy the ...
Nomad Foods has slashed its full-year EPS guidance as the Findus brand owner posted an anticipated decline in second-quarter sales and profits. The New York-listed frozen food group had flagged in ...
Four months since settling into the CFO seat at Lamb Weston, James Gray has outlined new cost pressure risk the French fries maker faces.
Replacing half of the UK’s imported fruit and vegetables with homegrown produce would add £1.9bn ($2.57bn) to farmgate output.
Brazilian meat giant JBS has entered a joint venture with Indonesia’s sovereign-wealth fund to “pursue investment opportunities” in protein production. The agreement has been struck through its ...
Brace’s Bakery in the UK is reportedly planning to close a factory by early next year due to rising cost pressures. According to WalesOnline, the business plans to shutter its Pen-Y-Fan industrial ...
JBS has reversed its decision to close a meat facility in Pennsylvania, securing around 400 jobs amid a plan to invest in the site.