Lindt & Sprüngli has lowered its forecast for its annual organic sales, citing the impact of price increases and weaker volumes. The Swiss chocolate maker expects its organic sales to be flat at worst ...
Credit: Ho Su A Bi/Shutterstock. Comvita chair Bridget Coates is facing a vote of no confidence amid a call for her removal at the Manuka honey maker’s shareholder meeting next month. In a filing with ...
Tandem Foods, the US snacks co-manufacturer, is expanding a production facility in Pennsylvania. The company is investing $42m in its site in O’Hara Township, close to Pittsburgh. Tandem Foods leases ...
Dutch dairy business FrieslandCampina is taking a majority stake in Indonesian peer PT Ultrajaya Milk Industry. FrieslandCampina described the deal as a “strategic partnership”, which will involve the ...
Saputo is creating a dedicated ingredients division on the back of an agreement to sell its UK dairy business to French peer Lactalis. In a statement yesterday (23 September), the Toronto-listed ...
A drivers’ strike planned for today (24 September) at a Hovis Bakeries plant in south-west England has been called off after a last ditch pay offer. Unite, the union representing the around 60 ...
A US judge has reduced Beyond Meat’s trademark infringement penalty from a lawsuit brought by Sonate, the parent company of Vegadelphia Foods. The judgment, entered in the US District Court for the ...
Crosta Mollica has merged with the European pizza business spun-off by Nestlé three years ago into a venture with private-equity firm PAI Partners. London-headquartered Crosta Mollica, which is ...
Nestlé insists there has been no “change of ownership” in its Russia business despite the Kremlin placing the Swiss giant’s local assets under “temporary administration”. In an announcement yesterday ...
Unite claims a strike by Hovis drivers planned for this week in south-west England will lead to bread “shortages” in affected areas of the UK. The industrial action is scheduled for this Thursday 24 ...
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 ...
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