Terms & Services
April 25, 2016 Ronald Rodriguez
- UK meat group Hilton invests in Dutch veggie firm Dalco FoodHilton Food Group, the UK-based meat processor, has become the latest company in the sector to invest in a vegetarian business.
- India dairy firm Kwality hit with bankruptcy proceedingsKwality, the India-based dairy business, said today (17 October) it is the subject of a bankruptcy petition filed before the country's National Company Law Tribunal.
- HelloFresh to buy Canadian meal-kit rival Chefs PlateGermany-based meal-kit business HelloFresh today (17 October) announced the acquisition of a rival business in Canada.
- Alibaba's Tmall eyes faster product innovation in market research dealChinese online retail giant Alibaba's e-commerce platform has partnered with a range of market research groups as it looks to help companies speed up their new product development process.
- Campbell descendants confirm backing for current boardDescendants of former Campbell Soup Co. president and owner Dr John Dorrance have confirmed their support for the current board which is facing a battle with an activist investor who wants to replace it.
- Nestle and Grupo Bimbo back Latin America food waste initiativeFood groups Nestlé and Grupo Bimbo have helped launch a new initiative to prevent food loss and waste in Latin America and the Caribbean.
- Danone reveals "significant" impact of Moroccan boycottFrench dairy giant Danone has revealed that a boycott of its products in Morocco is continuing to have a marked impact on its performance there.
- Aryzta says Cobas financing proposal is "inadequate"Aryzta says an alternative capital-raising proposal presented this week from its largest shareholder is "inadequate".
- CMA widens scope of Sainsbury's/Asda merger investigation to include discountersUK big four supermarkets Asda and Sainsbury's have won their fight to have discount retailers Aldi and Lidl included in the Competition and Markets Authority (CMA)'s investigation into their planned merger.
- Dairy giant Arla launches direct-to-consumer business in UKArla Foods, the European dairy giant, has started selling directly to consumers in the UK.
- Ajinomoto consolidates food operations to boost marginsJapan-based food group Ajinomoto is consolidating operations as part of a restructuring exercise in a bid to raise profit margins.
- Unilever fined by Greek competition authority over unfair tradingAnglo-Dutch consumer goods giant Unilever has been fined around EUR27m (US$31.3m) by Greece's competition authority over "abusive practices" linked to the sale of its margarine products there.
- Two former BRF executives referred to prosecutors in connection with fraud probeTwo former executives of Brazilian meat giant BRF have been referred to federal prosecutors by police in connection with an investigation into alleged fraud in 2017.
- Arla Foods gets UK retailer buy-in for new sustainable farming initiativeDairy giant Arla Foods is launching a new UK dairy farming initiative with an emphasis on sustainability.
- Sweden's Oatly to open production facility in USOatly, the Swedish dairy-free business, has confirmed it is to open a production facility in the US next spring.
- What can buying pacts between retailers mean for food manufacturers?With Tesco and Carrefour seeking to become the latest major grocers in Europe to work together on purchasing, Simon Creasey looks at the impact these tie-ups can have on suppliers.
- Greencore switches to "singular focus" after US exit - analysisAndy Coyne looks at the ramifications of Greencore's decision to quit the US after a decade of trying to build a successful own-label business in the market.