Conagra Brands has run up an annual loss of $1.9bn on the back of impairment charges. The US manufacturer said the $2bn non-cash goodwill and brand impairment charges, recorded in its fourth quarter, ...
McCormick’s acquisition of Unilever’s food assets is to face the scrutiny of the UK watchdog as the regulator assesses any competition impacts. The Competition and Markets Authority (CMA) said it is ...
Cargill plans to boost its cooked poultry operations in Thailand, with investment in capacity expansion and automation. The US-based, privately-owned meat giant is ploughing Bt2bn ($60m) into the ...
New Zealand’s competition watchdog is assessing J&P Turner’s proposed purchase of T&G Fresh over concerns it could make growers “more vulnerable” to market power. In a so-called “statement of issues”, ...
India’s LT Foods is acquiring the remaining 49% stake in its rice-snacks joint venture with Japan’s Kameda Seika. In a stock-exchange filing yesterday (16 September), LT Foods said it had struck a ...
Nestlé is assessing its options after Russia placed the Swiss giant’s operations in the country under “temporary administration”. A decree signed by Russia President Vladimir Putin yesterday (17 ...
Long-running speculation over the future of Hain Celestial’s business in Europe has finally come to a head with the disposal to a private-equity investor. Nasdaq-listed Hain Celestial said in a ...
Holly Baumgart has spent a decade at Sargento Foods, one of the largest dairy companies operating in the US. Baumgart has just started in a new role – SVP for innovation – and, speaking with Just Food ...
Nestlé and PepsiCo are among six FMCG companies joining forces to try to speed up the development of paper-based alternatives to flexible plastic packaging. The PaperFlex Consortium, convened by the ...
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