Hain Celestial to review options, CEO exits
Hain Celestial today (7 May) announced the start of a “comprehensive review” of its portfolio and the departure of its …
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European confectioners Colian, Gubor Schokoladen to “merge”
European confectioners Colian and Gubor Schokoladen have announced a “merger”, aiming to “sustainably” power the growth of the two family-owned …
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BellRing Brands looks to inflation-related margin pressure but “minor” tariff impact
BellRing Brands expects margins to be pressured by inflation in the back half of the year, along with a sales …
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JBS to invest in four Seara units in Brazil
Meat giant JBS has announced plans to invest 216m reais ($37.8m) in four Seara sites in south-eastern Brazil. The investment will …
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HKFoods flags further beef shortages while cost of strikes yet to be felt
HKFoods has suggested a beef shortage in its home market of Finland is likely to continue, while a recent strike …
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Lower Q1 sales, tariff outlook sees WK Kellogg cut forecasts
A decline in first-quarter sales and concerns about the impact of US tariffs have led WK Kellogg to lower forecasts …
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UK chocolate, salmon suppliers set for lower tariffs with India trade deal
India and the UK have signed a long-awaited trade deal, reducing tariffs on foods including chocolates, biscuits and salmon. Under the …
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Hershey seeks “exemption” from cocoa-linked tariffs
Chocolate giant Hershey is seeking an “exemption” from US tariffs of cocoa imports, the company's management has confirmed. Speaking to analysts …
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Pet-food maker Freshpet cuts sales, earnings guidance
Freshpet has revised its forecasts for annual sales and adjusted EBITDA amid "recent macroeconomic headwinds". The Nasdaq-listed pet food company expects …
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Bega Group to shutter Strathmerton plant in consolidation exercise
Australian food company Bega Group plans to close its cheese processing and packaging facility in Strathmerton in Victoria. In a statement …
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IDAK Food Group acquires Italian pizza company Sorrento Sapori e Tradizioni
Switzerland’s IDAK Food Group acquired Italian pizza maker Sorrento Sapori e Tradizioni for an undisclosed sum, the companies announced yesterday …
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Tyson Foods preps for tariffs as $200m savings eyed from cold storage disposals
Tyson Foods has factored tariff uncertainty and the pressured consumer into its unchanged guidance for the year but also aims …
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Allied Bakeries owner ABF confirms talks with Hovis backer Endless
Associated British Foods (ABF) is in discussions with private-equity firm Endless as the manufacturer weighs up the future of UK …
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Geopolitical conflict tops business concerns for first time in years
Geopolitical conflict is the theme that businesses believe will most impact them over the next 12 months, a new survey …
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BlueNalu expands partnership with NomadFoods to commercialise cell-based products in UK, Europe
US-based lab-grown seafood maker BlueNalu has expanded its strategic partnership with NomadFoods to bring its products to market in the …
