10 December 2024
10 December 2024
Eight years ago, Hershey rejected a $23bn takeover bid from Mondelez – but a report suggests the Cadbury maker is weighing up another move.
The former Premier FMCG executive is embarking on his second year of a turnaround plan after joining Tiger Brands in 2023.
Cereal Partners France said there has been a “structural decline” in Europe’s breakfast-cereals market since the end of the 2010s.
Illinois-headquartered Hearthside denied any liability when agreeing the settlement.
The companies are calling for the establishment of mandatory sustainability criteria for public procurement.
The new business, European Dairy Company, will have a combined annual turnover of around €500m ($526.2m).
A supplier of world cuisine, Surya Foods' best-known branded products include Laila rice and Thai Dragon condiments.
M&A in the global packaged-food market is expected to gather pace, with eyes on private-equity interest. Simon Harvey speaks to three deal advisers for their views.
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