The deal builds on the Luxembourg-based food giant’s $3.1 billion acquisition of cereal maker WK Kellogg in 2025. For Ferrero, the addition of Purely Elizabeth gives more weight to the ...
The closures come days after the company’s beef segment reported an operating loss of $138 million, with executives acknowledging that previous moves to close plants have not been enough to offset the ...
As the FDA delays its highly anticipated definition of ultraprocessed foods, it may be up to Congress to take action. The FDA was set to release a definition of ultraprocessed foods on Monday, but ...
Control of JBS is returning to the founding Batista family for the first time since brothers Wesley and Joesley were imprisoned in Brazil for their role in a 2017 political scandal, which involved ...
Olipop has appointed Electolit chief executive Christian Patiño Webb as its next CEO as the prebiotic soda brand looks to expand growth after passing the half billion-dollar sales mark last year.
Tate’s Bake Shop is gobbling up the chocolate chip cookie market as owner Mondelēz International sees more consumers looking to treat themselves with premium indulgences in an uncertain economy.
Biscoff owner Lotus Bakeries said it will spend 500 million euro, or approximately $577 million, to expand global production over the next five years in markets including the U.S. The company will ...
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