Fonterra puts consumer business on chopping block to focus on ingredients
The New Zealand-based co-op is “exploring full or partial divestment options for some or all of its global consumer business”.
16 May 2024
16 May 2024
The New Zealand-based co-op is “exploring full or partial divestment options for some or all of its global consumer business”.
After a bumpy ride in 2023, GlobalData analysis shows the long-term prospects of the market are healthy but brands must innovate to take advantage of demand in a tricky market.
The Ambrosia brand owner is eyeing acquisitions in the UK and overseas on the back of a pair of deals in the past two years.
At the summit, Prime Minister Sunak unveiled a package of support reflecting the importance of food security issues.
US food group Panos Brands has struck a deal to acquire smoked salmon producer The Santa Barbara Smokehouse for an undisclosed fee.
PepsiCo, which acquired the business in 2019, said Pipers has more than doubled its sales since the deal.
The new product will only comprise 3% cultivated chicken, with the rest made of plant-based ingredients.
Imagine Baking’s portfolio is focused on the gluten-free and organic baked goods categories.
Merging industry-leading business intelligence & award-winning journalism, this is an unrivalled opportunity for engagement with B2B professionals across a network of 40+ leading media websites.
Steer your business strategy with key data and insights from our latest market research reports and company profiles. Not ready to buy? Start small by downloading a sample report first.
Give your business an edge with our leading industry insights.