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....
Category : Finance
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...
Another Meat Facility in Canada to be Closed by Olymel
Olymel, a prominent poultry and pork processor, has announced the closure of a meat facility in Saint-Jean-sur-Richelieu, Canada, due to declining production volumes. This decision...
Fonterra divests ownership in Lithuanian dairy group Rokiškio Sūris
Fonterra has reached an agreement to divest its minority stake in Lithuanian dairy business Rokiškio Sūris as part of its strategic review of investments in...
Hochdorf streamlines business disposal strategy with sale of Swiss operations
Hochdorf, a player in the food and beverage industry, has shifted its focus towards selling its entire production business in Switzerland for baby food and...
PepsiCo accused by US unions for unfair labor practices
The Teamsters unions in the US have accused PepsiCo of unfair labor practices, claiming the company has “anti-worker policies” in place. Five unions in Illinois,...
Nestlé shareholders refuse proposal for healthier product initiatives at AGM
At the recent Annual General Meeting (AGM) of Nestlé, shareholders rejected a proposal to increase the quantity of healthier products in the company’s portfolio. The...