03 February 2025
03 February 2025
Canada and Mexico have said they will introduce retaliatory 25% tariffs on US imports.
The initial case was filed by X in August, implicating Unilever and Mars at the time.
The assets, located in Oosterwolde in the north of the country, were damaged in a fire in 2023.
JM Smucker said the deal is part of its efforts to “focus on growing” the Hostess brand.
As part of the deal, The New Originals Company will take on the SoFine and ProLaterre brands, along with a production facility in Landgraaf.
The Swedish food group also reported 2024 results, which missed a new organic growth objective.
“Pricing is becoming fairly attractive…but that hasn't led to a massive increase in sales” – Rabobank strategist Cyrille Filott.
Amid slowing sales and consumer concern over taste and ingredients, plant-based meat research teams are looking again at their recipes.
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