Grupo Bimbo seeks $1.4bn damages from Maple Leaf
Dec 2, 2024 · Mexico’s Grupo Bimbo has filed a lawsuit against Maple Leaf Foods and former senior executives, seeking over C$2bn ($1.4bn) in damages linked to the sale of Canada Bread.. The so-called ...
From Trump to AI – the five big issues for US food in 2025
3 days ago · There are five big issues and megatrends to which I suggest industry executives in the US pay close attention for the coming year as they look to grow their businesses over the next 12 months.
Mars takes full ownership of Kellanova in $36bn takeover deal
Aug 14, 2024 · Mars has rubber stamped the takeover of US snacks maker Kellanova in a deal valued just shy of $36bn, subject to regulatory approvals. Snacks and confectionery giant Mars confirmed the transaction ...
India competition regulator majority takeover of Prataap Snacks
6 days ago · In Q2 financial year 2024-25 (FY25), Prataap Snacks reported revenue of Rs4.41bn, a 2.3% increase from Rs4.31bn in Q2 financial year 2023-24 (FY24).
Agrial lines up Julien Heillaut as new CEO - just-food.com
Dec 6, 2024 · French food and drinks group Agrial has promoted Julien Heillaut to the position of CEO. Heillaut will take the helm on 1 July, succeeding Ludovic Spiers, who will retire after a tenure of more ...
Oatly to close Singapore facility as cost cuts continue
Dec 18, 2024 · Nasdaq-listed Oatly also booked impairments related to that decision in its 2023 financial year – a non-cash portion of almost $173m and other connected restructuring and exit costs of $29m ...
Pritzker Private Capital: “M&A should be more robust in 2025
Dec 2, 2024 · Pritzker Private Capital is a US-based private-equity investor that counts C.H. Guenther & Son, Monogram Foods Sugar Foods among the companies in its portfolio.
Nestlé launches Mexican, Asian cuisine brands in US
Oct 11, 2024 · The Maggi brand owner said global cuisine represents a $110bn market with “growing demand from consumers to see new flavours and food options in the grocery aisle”.
Essential Guide to Food Processing Equipment for Businesses
Discover the key factors businesses must consider when selecting food processing equipment to enhance efficiency, safety, and innovation in food production.
Lamb Weston takes full control of Argentina joint venture
Oct 9, 2024 · Lamb Weston is buying up the remaining share in its Argentina frozen potato products joint venture with Sociedad Comercial del Plata.. The US-headquartered French fries supplier and producer of ...