Lactalis has entered a “definitive” agreement to acquire the UK business of Canadian peer Saputo in the French dairy giant’s fourth deal in two months. While the privately-owned company did not reveal ...
Replacing half of the UK’s imported fruit and vegetables with homegrown produce would add £1.9bn ($2.57bn) to farmgate output.
Tyson Foods is consolidating its US beef operations with a plan to close two plants and sell another. In a statement yesterday (13 August), the meat giant announced: “Tyson Foods is making strategic ...
Arla Foods has warned the UK’s long-running skills shortage in food and farming is becoming a risk to “food resilience”. Publishing its seventh annual survey of British farmers yesterday (12 August), ...
Nomad Foods has slashed its EPS guidance as the Findus brand owner posted an anticipated decline in second-quarter sales and profits.
In a statement, Vafo said the deal “strengthens” its position in Germany and adds an “important digital growth platform” to the group’s portfolio in Europe. Vafo added that the acquisition is ...
Finnish food group Apetit has cut its full-year profit outlook, citing “challenging” weather conditions in Sweden that are expected to reduce pea crop yields. Excluding the impact from the acquisition ...
Beyond Meat is launching a reverse stock split as the plant-based meat company looks to regain its Nasdaq listing compliance. Yesterday (11 August), the California-based company said the 1-30 share ...