SPAIN—Cerealto Siro Foods a Spanish co-manufacturer and private-label producer of cookies, cereals and pasta has averted bankruptcy with US$104.3 million…
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Mondelēz International to expand sustainable wheat production program in Hungary
HUNGARY—Global snack and confectionery giant, is expanding its Harmony program in Hungary, as it progresses towards its goal to grow…
Read MoreGeneral Mills net sales increase on higher pricing
USA—General Mills shares have hit a new all-time high after reporting positive fourth quarter and full year Fiscal 2022 results,…
Read More#Dairy Innovation Monday: New launches from Nestlé, Pinkberry, Beyond Better Foods, Mars, and DiGiorno
GLOBAL – The #Dairy Innovation Monday section this week features new interesting additions from Nestlé, Pinkberry, Beyond Better Foods, Mars,…
Read MoreMycorena partners with Tetra Pak to construct an alternative proteins plant in Sweden
SWEDEN – Mycorena, a producer of Fungi-based alternative protein for the food industry, has partnered with the Swedish multinational food…
Read MoreNorthern Ireland dairy cooperate Dale Farm buoyant after posting highest profit to date in FY2022
UK -Dale Farm, a Northern Ireland cooperative owned by 1,300 dairy farmers, has reported hitting the highest turnover and profit…
Read MorePernod Ricard plans new business unit to drive growth of whiskey portfolio in America
US – Pernod Ricard, the world’s second-largest wine and spirits seller, is planning to create an American Whiskey business unit…
Read MoreAnora strengthens Nordic wine market presence with US$83.5m acquisition of Globus Wine
DENMARK – Anora Group, a Finnish distilled beverage and wine company, has finalized the €80million (US$83.5m) acquisition agreement with Globus…
Read MoreSanderson Farms’ plans to merge with Wayne Farms remain in limbo
US- Sanderson Farms, the fourth-largest poultry processer in the US, has said that it no longer expects its merger deal…
Read MoreNestlé bolsters health and wellness portfolio with acquisition of Better Health Company
NEW ZEALAND – Nestlé, a Swiss multinational food and drink processing conglomerate, has expanded its portfolio of health-focused assets with…
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