UK’s Vegan Food Group sells German assets to peer New Originals
Vegan Food Group (VFG), the UK owner of the brands Meatless Farm and Clive’s, has sold a facility in Germany to the New Originals Company. The post UK’s Vegan Food Group sells German assets to peer New...
View ArticleNestlé lowers sales growth outlook for second time as “soft” demand persists
Nestlé has cut its forecast for organic sales for the second time this year as consumer demand remains "soft" in still high food inflation. The post Nestlé lowers sales growth outlook for second time...
View ArticleNestlé CEO needs to dig deep as mid-term growth target downgrades loom
Nestlé CEO Laurent Freixe is leaning towards “guidance that we believe is achievable and hopefully beatable” The post Nestlé CEO needs to dig deep as mid-term growth target downgrades loom appeared...
View ArticleFrance’s LDC takes majority stake in European Convenience Food Group
France’s LDC group has taken a majority interest in Germany-based European Convenience Food (ECF Group), a retail and foodservice supplier. The post France’s LDC takes majority stake in European...
View ArticleVion Food turns to loss on German exit impairment but cost savings realised
Vion Food Group booked a net loss last year impinged by impairments related to the meat processor’s exit from the German market. The post Vion Food turns to loss on German exit impairment but cost...
View ArticleSmart Foods buys Australia alt-meat peer Fenn Foods
Fenn Foods, the Australian alt-meat business that moved into liquidation, has a new owner. The post Smart Foods buys Australia alt-meat peer Fenn Foods appeared first on Just Food.
View ArticleQuorn Foods hires ex-Heineken exec as CEO
Quorn Foods, the UK-based meat-free business, has appointed former Heineken executive David Flochel as its new CEO. The post Quorn Foods hires ex-Heineken exec as CEO appeared first on Just Food.
View ArticleUS election: Where Trump and Harris stand on food and agriculture
Agri-food issues have been central to this year’s US presidential election – but how might the Harris or Trump shape the industry? The post US election: Where Trump and Harris stand on food and...
View ArticleMars’ Kellanova move boosts Goldman Sachs on M&A rankings – data
Mars’ planned $36bn takeover of Kellanova has helped propel Goldman Sachs up a ranking of M&A financial advisers in the consumer sector. The post Mars’ Kellanova move boosts Goldman Sachs on...
View ArticleFMCG CEOs call for “legally binding” plastics treaty
Business leaders from global companies have urged governments to establish a “legally binding treaty” to combat the issue of plastic waste. The post FMCG CEOs call for “legally binding” plastics...
View ArticleOrkla books write-down on confectionery, snacks
Orkla booked more than Nrk600m ($54.6m) in third-quarter write-downs partially related to the group’s confectionery and snacks business. The post Orkla books write-down on confectionery, snacks...
View ArticleBig Food’s stake in the future – in-house venture-capital funds’ investments
A guide to some of the in-house, corporate-venture arms operated by the world’s major packaged-food companies. The post Big Food’s stake in the future – in-house venture-capital funds’ investments...
View ArticleGerman meat giant Tönnies to rebrand as Premium Food Group
German meat producer Tönnies Group will operate under the new name of Premium Food Group from next year, it has announced. The post German meat giant Tönnies to rebrand as Premium Food Group appeared...
View ArticleOrior CEO Daniel Lutz to end decade-long stint
Daniel Lutz, the CEO of Swiss food and beverage group Orior, is stepping down after nearly a decade in charge. The post Orior CEO Daniel Lutz to end decade-long stint appeared first on Just Food.
View ArticleUK poll questions honesty of food companies about health
Almost three-quarters of UK consumers believe food companies are not honest about the impact their products have on health. The post UK poll questions honesty of food companies about health appeared...
View ArticleQuorn’s sales decline continue as Monde Nissin plans restructuring
Monde Nissin has reported narrowing losses but continued falling sales from its meat-alternatives division Quorn Foods. The post Quorn’s sales decline continue as Monde Nissin plans restructuring...
View ArticleBeyond Meat’s profit destiny still elusive despite progress along “steep curve”
There were some positives in Beyond Meat’s third-quarter results but a return to profitability is a puzzle that’s unlikely to be solved any time soon. The post Beyond Meat’s profit destiny still...
View ArticleThe road to net zero – Big Food’s emissions pledges
Explore the progress towards achieving net-zero emissions made in the food industry. including pledges made by major corporations. The post The road to net zero – Big Food’s emissions pledges appeared...
View ArticleUS trade body defends industry after Trump names RFK Jr health secretary
After RFK Jr. was named US health secretary, the CBA, a major food trade body stood by the industry’s record. The post US trade body defends industry after Trump names RFK Jr health secretary appeared...
View ArticleLeading the charge – the companies at the cutting edge of cell-based protein
The race is on to get cell-based protein products – meat, seafood and dairy – onto supermarket shelves and into the hands of consumers. The post Leading the charge – the companies at the cutting edge...
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