Greencore on cusp of acquiring Bakkavor for £1.2bn
Greencore is on the cusp of acquiring fellow private-label convenience business Bakkavor after putting in a new cash and share…
Fresh produce
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Frutura acquires avocado supplier Montana Fruits
Frutura Produce has expanded its presence in Latin America by acquiring Colombia-based avocado business Montana Fruits. Reedley, California-headquartered Frutura said…
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Bonduelle inks licensing deal with Taylor Farms in sale of German packaged salads unit
Bonduelle has confirmed the sale of its packaged salads business in Germany as part of plans to return the group…
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Hatching new ideas – Big Food’s incubator and accelerator programmes
As with in-house venture capital funds, for big food companies looking to gain exposure to new, exciting, potentially faster-growing categories,…
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Greenyard chases majority stake in vegetable peer Gelagri Bretagne
Greenyard is seeking to take a majority shareholding in fellow frozen vegetables group Gelagri Bretagne in France. The Brussels-listed supplier…
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ADM and Mitsubishi explore “strategic” alliance in agriculture
US-based Archer Daniels Midland (ADM) and Japan's Mitsubishi Corp. have signed a non-binding agreement to form a “strategic” alliance. The partnership,…
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Fresh Del Monte buys majority stake in avocado business Avolio
Fresh Del Monte Produce has acquired the majority of Uganda-based avocado oil supplier Avolio as part of the US group's…
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Plenty Unlimited enters Chapter 11 bankruptcy proceedings
Plenty Unlimited has filed for Chapter 11 bankruptcy protection to keep the US-based vertical-farming business afloat as it restructures operations.…
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FDA pushes back deadline for food traceability rule
The US Food and Drug Administration (FDA) will delay the compliance deadline for its Food Traceability Rule by 30 months…
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Australia watchdog wants grocers to be more transparent on prices
Australia’s competition watchdog has put forward a series of measures for the country’s major grocers to publish more information on…
