Danone Divests Lifeway Stake Following Unsuccessful Acquisition Bid
Danone is divesting its stake in Lifeway Foods, a US-based kefir manufacturer, by offloading its entire 22.7% interest in a deal estimated at around $67...
Tag : business
Ardagh Glass Packaging Overhauls Leadership Structure
Ardagh Glass Packaging has revealed a reorganization of its leadership structure in anticipation of the retirement of AGP CEO Mike Dick, set for the end...
Amadori Acquires Plant-Based Division from Granarolo
Italian poultry company Amadori has acquired the Unconventional plant-based foods division from fellow Italian firm Granarolo. Details of the financial agreement were not disclosed. In...
Sainsbury’s Reports £25.9 Billion in Sales
UK retailer Sainsbury’s has announced its financial performance for the year ending 28th February 2026, revealing a sales increase of 4.9% compared to the previous...
Fonterra Names Long-Standing Internal Candidate as New CEO.
Richard Allen is set to assume the role of CEO on May 1, 2026, succeeding Miles Hurrell, who will stay on in an advisory capacity...
Perlen Forms Exclusive Partnership with Pulpex
Perlen Industrieholding AG is advancing its journey towards becoming a multifaceted industrial leader by partnering as the exclusive manufacturing ally for Pulpex, the UK’s frontrunner...
British Fruit Growers Association Announces Co-Managing Directors for Place UK.
Linda Evans and Matt Smith will step into their roles as co-managing directors of Place UK, transitioning from their previous positions as commercial director and...
Unilever eyes major food split
Unilever is reportedly weighing up a full divestment of its food division in a move that could be worth tens of billions of dollars. The...
Ex-Bubs CEO Reg Weine Takes the Helm at Freshmax
Freshmax Group, a leading supplier of fresh produce in Australia, has strategically appointed Reg Weine, the former CEO of Bubs Australia, as its new chief...
Nothum HQ Enhances Capacity and Customer Support
Nothum Food Processing Systems has centralized its US operations with the expansion of its Springfield, Missouri headquarters. This strategic move enhances production capacity and provides...