21 August 2024
21 August 2024
Canada-based Above Food owns the Tuno seafood alternatives and NorQuin quinoa brands.
Arla plans to transform its domestic Arinco facility into a dedicated ingredients production site.
Previously Voff Premium Pet Food, the latest purchase is the company’s third in the UK this year.
David Knibbs and Lydia Smith, who bought the UK business in 2016, will remain shareholders.
The Swiss group expects profitability to improve “significantly” in the back half.
The case dates back seven years and has already been settled by other major US meatpackers.
A new unspecified product range will be launched to support the D2C partnership agreement.
The Chinese infant-formula market remains “challenging”, allied with “increased competitive intensity”.
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