FrieslandCampina profits rise but pressures flagged for back half
FrieslandCampina has warned the dairy giant’s profits are expected to come under pressure in the back half of the year …
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Fortenova slashes debt since emerging from Agrokor restructuring
Fortenova, the Croatian food, drinks and retail group, has slashed its gross debt by more than a third since the …
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India’s Milky Mist Dairy files for IPO
India's Milky Mist Dairy Food is looking to raise up to Rs20.35bn ($234.7m) through an initial public offering of shares. In …
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Bubs Australia appoints former Fonterra executive as new CEO
Bubs Australia has appointed its second CEO in almost two years, naming former Fonterra executive Joe Coote to head up …
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NewPrinces strikes €1bn deal to buy Carrefour stores in Italy
NewPrinces is acquiring Carrefour's operations in Italy for €1bn ($1.18bn) in a move described as "vertical integration between production and …
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Dr Will’s wins investment from former Love Island celebrity Kem Cetinay
Dr Will’s has attracted investment from former Love Island celebrity Kem Cetinay as part of a recent capital raise by …
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JBS-owned Pilgrim’s Pride earmarks $400m for new US factory
Pilgrim’s Pride, the US meat business majority owned by Brazil’s JBS, is investing $400m in a new manufacturing plant. The prepared-foods …
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Nestlé puts supplements assets on chopping block
Four years after Nestlé spent more than $5bn to acquire a clutch of vitamins and supplements brands, some of the …
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Lamb Weston sets out savings quest
Lamb Weston Holdings has outlined fresh plans for cost savings, moves that will affect jobs at the potato-products group. The US-listed …
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JP Morgan, Houlihan Lokey top consumer M&A adviser rankings – data
JP Morgan and Houlihan Lokey lead two league tables devised by GlobalData after analysing the M&A that took place in …
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Bikaji Foods forms joint venture with Chaudhary Group for Nepal expansion
India's Bikaji Foods International (BFIL) has entered a snacks joint venture in Nepal with local conglomerate Chaudhary Group (CG)."The joint …
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Podravka offloads confectionery assets to UPI Star in Bosnia and Herzegovina
Podravka is selling the confectionery business held by the Croatian agri-food group’s subsidiary in Slovenia. Žito is offloading the assets to …
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Lactalis exits Canada plant-based drinks with factory closure
Lactalis has decided to close its plant-based drinks site in Canada. The closure of the facility in Sudbury in Ontario will …
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Kepak Group snaps up New World Foods Europe from Valeo Foods
Irish meat giant Kepak Group has acquired meat snacks producer New World Foods Europe (NWFE) from Valeo Foods Group. Financial details …
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Paulig to invest in Tex-Mex plant in Spain
Paulig is set to invest €12m ($14.1m) to expand production capacity for its Tex-Mex products its Berga plant in Barcelona, …
