Explainer: Canada’s incoming grocery code of conduct
The code of conduct is primarily to improve relations between retailers and food suppliers, but consumers may see prices drop.
25 July 2024
25 July 2024
The code of conduct is primarily to improve relations between retailers and food suppliers, but consumers may see prices drop.
A paper supporting the move has reportedly been shared with European Commission President Ursula von der Leyen.
CTH Invest is buying Nonni’s from private-equity firm Vestar Capital Partners.
Monogram Foods said it had made the “difficult decision” to close the plant because demand has softened for the products it makes there.
The privately-owned US group indicates there will be efficiency gains from the closure.
The deal will see the company's plant-based milks being used at over 150 dispensers in colleges, universities and "other dining locations" across the US.
Oatly’s CEO told analysts the company is "moving towards achieving profitable growth".
The site in Coventry is getting a £13m ($16.7m) upgrade.
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