16 August 2024
16 August 2024
Upside Foods is suing the Sunshine State to try to overturn the ban.
The FDA’s aim is to cut salt or sodium consumption to below recommended guidelines.
Synlait will get NZ$24.8m ($14.9) from A2 Milk to compensate for withheld payments.
In July, the Australian group said it was in “live discussions on a number of proposals” for the dairy units.
CEO Courtney Boyd Meyers cited a “general decline of the plant-based movement” as one factor.
The origins of the US business are in conventional dairy but it switched to non-dairy products in 2017.
While Mars has used M&A to add healthier products to its portfolio in recent years, the blockbuster deal for Kellanova points to other trends.
Nine out of ten food and drink manufacturers expect to maintain or increase investment levels over the coming year.
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.
