Hershey Names Former PepsiCo Executive as CEO
Hershey has appointed former PepsiCo executive Kirk Tanner as its new president and CEO, succeeding Michele Buck, who plans to retire in June next year....
Tag : business
Pernigotti Joins Forces with Italian Confectionery Company Walcor
Italian confectionery giants Pernigotti and Walcor have officially merged under the stewardship of both private and government investors. The Italian stock exchange filing reveals that...
Nestlé Initiative Enhances Conditions for Cocoa Farming Families
Nestlé’s income accelerator programme is effectively supporting cocoa-farming families in Côte d’Ivoire. This initiative is yielding measurable enhancements in income and household resilience. A recent...
Hansells Masterton Acquired from Receivership by Walter & Wild
Walter & Wild has successfully acquired the manufacturing assets of fellow New Zealand manufacturer Hansells Masterton, rescuing it from receivership. This acquisition, conducted through a...
Marks & Spencer Food Unveils Its Inaugural Summer Dessert Sandwich.
Marks & Spencer (M&S) Food has debuted its first-ever summer dessert sandwich, marking a significant step in food innovation. This limited-edition Red Diamond Strawberry &...
Kelly Turkeys Allocates £100k for New Machinery Investment
Earlier this year, Kelly Turkeys announced a £500k investment aimed at expanding its operations and launching a diverse array of value-added products. This substantial investment...
CMA Approves GXO’s Acquisition of Wincanton, Conditional on Sale of Grocery Warehousing Division
The Competition and Markets Authority (CMA) has cleared the GXO-Wincanton merger, contingent upon the sale of Wincanton’s dedicated grocery warehousing business to a buyer approved...
Orior Plans Major Restructuring Initiative
Orior, the Switzerland-based food and drinks group, is actively implementing “far-reaching measures” aimed at improving profitability and reducing debt. Despite achieving increased sales last year,...
Wilmar to Acquire PZ Cussons’ Stake in Nigerian Edible Oils Joint Venture
Wilmar International has announced its acquisition of British consumer goods company PZ Cussons’ 50% equity stake in their Nigerian edible oils joint venture (JV) for...
Danone Launches Academy to Enhance AI Adoption
Danone inaugurated its latest academy at the Nutricia facility in Opole, Poland, a site recognized as a Global Digital Lighthouse by the World Economic Forum.This...