Oscar Mayer jobs in jeopardy as layoffs extend to Wrexham ready-meals facility
Oscar Mayer is considering downsizing its UK factory in Wrexham to ensure a sustainable future for its chilled ready-meals business. The company is facing the...
Category : Finance
German government calls for further recipe adjustments to reduce sugar, fat, and salt in processed food and drinks
Germany’s Federal Ministry of Food and Agriculture (BMEL) recently revealed new data showing that levels of fats, sugars, and salt in some processed food and...
Spain’s Angulas Aguinaga ventures into plant-based seafood market through new start-up Vrave
Spanish seafood company Angulas Aguinaga is expanding into seafood alternatives with the launch of a konjac-based calamari in collaboration with start-up Vrave. The product will...
Arla Foods Purchases Volac’s Whey Nutrition Division
On April 23, 2024, Arla Foods Ingredients announced its acquisition of Volac’s Whey Nutrition business through a purchase of shares. The UK-based Volac group operates...
PepsiCo’s First-Quarter Earnings Impacted by Quaker Recall
PepsiCo’s Quaker Foods division experienced a first-quarter loss due to a product recall that led to the closure of a US granola bar and cereal...
Lottie Shaw’s bakery acquired by UK’s William Jackson Food Group
UK food producer William Jackson Food Group (WJFG) has acquired family-run West Yorkshire-based baking group Lottie Shaw’s.Financial details of the deal have not been disclosed....
Germany beef exports now permitted to China
Germany has successfully negotiated the lifting of China’s ban on its beef products after discussions between Berlin and Beijing. This significant decision was made during...
UK government seeks universal eco-label standards to prevent misleading environmental claims
The UK government is aiming to establish a “level of standardization” for existing eco-labels in the food and beverage industry to combat greenwashing. In a...
Innovative Bites successfully defends in marshmallow VAT case against UK tax authority
In a recent tax case, Innovative Bites successfully defended its marshmallow brand against VAT charges in the UK. The court ruled that Mega Marshmallows are...
Argentina experiences the biggest decline in beef consumption in 30 years.
The plummet in purchasing power in Argentina has resulted in the sharpest decline in the country’s beef consumption in three decades. According to data from...