Update: Greencore’s latest bid “significantly undervalues” Bakkavor, target says
Bakkavor said today (14 March) Greencore’s takeover bids undervalue its business. Earlier today, Ireland-based Greencore revealed it had tabled two offers …
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Major US food groups urge Trump to exempt some imports from tariffs
Major US food and beverage manufacturers have asked the Trump administration for “targeted” tariff exemptions on imported ingredients. In a letter …
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Mondelez, Lotus Bakeries launch first product from licensing tie-up
Mondelez International and Lotus Bakeries have rolled out the first product from the licensing deal the companies announced last year. The …
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Speciality Breads to quadruple production
UK-based Speciality Breads is investing £20m ($25.8) into quadrupling production by moving to another site. The new location, which is set …
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Oetker reshuffles management team with new heads for food and drinks
The Oetker group of family-owned businesses is undergoing a management reshuffle, which will effectively see the appointment of new heads …
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Bakkavor rejects two Greencore takeover bids
Bakkavor has turned down two takeover bids from fellow private-label manufacturer Greencore. Ireland-based Greencore today (14 March) revealed it had tabled …
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Espersen to close Lithuania seafood plant, switch production to Poland
Denmark-headquartered seafood processor Espersen plans to close its Klaipėda plant in Lithuania and transfer production to Poland. In what Espersen described …
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“We are more like a better-for-you Haribo” – Wild Thingz founder Fliss Newland on the UK sweets brand’s positioning
UK-based start-up Wild Thingz is aiming to make a splash in the confectionery category with reduced-sugar sweets, which, combined with …
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Lotus Bakeries signs ice-cream deal with Froneri
Lotus Bakeries has struck a deal in ice cream with global major Froneri and snacks giant Mondelez International. UK-headquartered Froneri, which …
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Flowers Foods to close US bakery
Flowers Foods, one of the largest bakery groups in the US, is to shut a site in the state of …
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Raisio leans toward M&A under three-year growth plan
Finnish health food group Raisio has laid out a three-year strategy to boost revenue and profits, with M&A and new …
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George Weston and Loblaw subsidiary settle bread price-fixing lawsuit
Canada food group George Weston and its retail subsidiary Loblaw have settled a nationwide class action lawsuit linked to alleged …
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Cérélia offloads Jus-Rol assets to PE firm Rinkelberg Capital
Cérélia has sold the Jus-Rol dough business to an affiliate of UK-based private-equity firm Rinkelberg Capital, ending a long-running regulatory …
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Yeo Valley acquires The Collective brand in UK dairy expansion
UK dairy business Yeo Valley Production has signed a deal to acquire Epicurean Dairy (UK) and The Collective brand. Financial details …
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Hold fire or fight back? The dilemma amid a deluge of tariffs
The tariff drama lives on another day, and this time, no country is safe. At midnight ET on Wednesday, US …
