Friday, February 26, 2021

A2 Milk Co. cuts sales, margin forecasts

The New Zealand-based dairy and infant-formula business has reacted to pressure on its sales in a key market.

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Ebro weighing-up sale of Ronzoni brand

The Spanish food group is considering offloading another brand, following the sale of pasta assets in the US and Canada in the last five months.

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US investor Artisan Partners return to attack on Danone

US investment business Artisan Partners has re-iterated calls for change at Danone in a letter sent to the company's board.

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Beyond Meat hails fast-food deals but shares fall on Q4 results

Beyond Meat has struck contracts with two major QSR chains but shares in the US-based meat-free supplier still fell amid Q4 results Wall Street said were weaker than expected.

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Bega Cheese the victor in peanut butter trademark spat with Fonterra

A court has ruled on Bega Cheese's long-running legal battle with New Zealand dairy giant Fonterra over the use of the Bega trademark on peanut butter products.

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Thursday, February 25, 2021

Valeo 'cuts jobs at UK confectionery plant'

A local media report says redundancies at the factory came as the Ireland-based food major responded to falling sales.

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McCain Foods again backs vertical-farmer Goodleaf Farms

The frozen-food giant has again invested in a Canadian vertical-farming business, becoming the firm's largest shareholder in the process.

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New products - Coca-Cola's Fairlife launches lactose-free line; Sabra rolls out plant-based snacks for kids; Modern Meat to add vegan cheese line

This week's new product launches that caught the eye include Sabra introducing plant-based snacks for kids and Canada's Modern Meat creating a new dairy-free cheese line.

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PE firm Advent 'mulls IPO for US group Sovos Brands'

Private-equity firm Advent International is reportedly considering options for the future of its Sovos Brands business.

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Plant-chicken start-up Next Gen eyes Asia, US after seed round closes

The Singapore-based firm has sealed what it says data shows is the largest round of seed funding "for a plant-based food tech company".

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Marfrig agrees finance deal linked to deforestation pledge

Brazil-based meat heavyweight Marfrig has agreed a US$30m finance deal that is linked to environmental concerns in the country.

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Bimbo to buy Spain plant from Cerealto Siro Foods

The Mexico-based bakery giant has signed a deal to buy a factory in one of its largest markets in Europe.

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Marfrig agrees finance deal linked to deforestation pledges

Brazil-based meat heavyweight Marfrig has agreed a US$30m finance deal that is linked to environmental concerns in the country.

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Wednesday, February 24, 2021

Greencore lays down packaging pledge

The Ireland-based company, one of the largest sandwich suppliers in the UK, set out a pledge on packaging in an update on its sustainability initiatives.

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Italian salmon firm Starlaks Italia sells up to PE firm Arcadia

The company, which supplies Italy's major retailers, has sold up to a private-equity firm in its domestic market. 

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Kellogg makes changes to US snacks production

The moves include closing two production lines at a manufacturing plant in the US state of Ohio, the company confirmed.

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Ex-Unilever CEO Polman to join Livekindly Collective board

The Dutchman, who was Unilever's CEO for nine years, is among a clutch of new board members at an acquisitive vegetarian-foods supplier.

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Canada's Canyon Creek to expand US soups facility

Canyon Creek Food Co., a Canada-based producer of soups and fresh sauces, is investing to expand production at its sole manufacturing site.

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McCain Foods to retain stake in Wong Wing

McCain Foods is to keep a stake in the Canada-based frozen-food business Wong Wing, which markets a range of Chinese-style products.

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Ex-Unilever CEO Polman to join Livekindly board

The Dutchman, who was Unilever's CEO for nine years, is among a clutch of new board members at an acquisitive vegetarian-foods supplier.

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Reckitt Benckiser to review China baby-formula division

Reckitt Benckiser, the UK-based consumer goods group, has said it will review its baby-formula business in a key Asian market.

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Under-pressure US produce group Country Fresh eyes asset sale

The fresh-produce supplier has entered into a stalking-horse deal for affiliates of a US private-equity firm to buy the business within less than two months.

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Kar's Nuts becomes Second Nature Brands as innovation, M&A set to drive growth

US snacks maker Kar's Nuts has rebranded under a new corporate identify as it seeks to accelerate growth through innovation.

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Pilgrim's Pride fined after pleading guilty to chicken price-fixing charges

US meatpacker Pilgrim's Pride has entered a plea in a Department of Justice case which has charged it with conspiring to fix chicken prices.

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Grupo Bimbo acquires India's Modern Foods from private-equity owners

Mexican bakery major Grupo Bimbo has struck a deal in India, ending earlier speculation over a potential transaction.

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Tuesday, February 23, 2021

Freshways, Medina Dairy discuss potential merger

Freshways and Medina are considering a merger between the two UK dairy companies amid challenging market conditions in fresh milk.

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S-Ventures takes controlling interest in Ohso Chocolate

S-Ventures, an early-stage UK investment firm, has taken an controlling interest in a chocolate maker in south-east England.

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Nestle adds to D2C roster with SimplyCook deal in UK

Global food giant Nestlé has continued with its push to build its position in e-commerce with the acquisition of a UK recipe kit company.

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Oatly parent kicks-off IPO process

Amid mounting speculation, the Sweden-based dairy-alternative business' parent has submitted the opening documents for a planned listing.

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Consortium buys Canada bakery firm Maison Isabelle

The deal for Maison Isabelle sees the new owners set up a "platform" centred on the bakery industry in Quebec.

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Canada's Crofter's Organic sells stake to PE firm Frontenac

Fruit spreads, jams and preserves producer Crofter's Organic in Canada has sold a controlling stake to a private-equity investor.

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Danone adds plant-based yogurt line to Spanish factory

Danone has announced it is installing a production line for plant-based yogurts at one of its European factories.

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Hershey eyes healthier confectionery with equity investment

Snacks and confectionery maker Hershey has joined the ASR Group in Florida to co-lead an investment in an alternative to sugar business.

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Indonesian plant-based business Green Butcher receives seed funding

Unovis Asset Management, a New York-based investor focused on plant-based and cellular 'meats', has taken part in a seed funding round in Indonesia.

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Tyson Foods rejigs structure to focus on division-led innovation, appoints COO

US meat major Tyson Foods is reorganising its business segments with a core aim to drive more speedy innovation.

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Mosa Meat closes funding round for additional $10m

Dutch cell-based protein business Mosa Meat has announced a development in relation to its series B investment round.

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Monday, February 22, 2021

Australian rice grower SunRice warns of possible sales pressure

SunRice Group, an Australia-based rice grower, has warned disruption to shipping traffic linked to coronavirus could hurt its sales this year.

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Australia's Costa Group eyes citrus M&A

The publicly-listed fresh-produce supplier is looking for more acquisitions in the citrus sector, calling expansion in the category a "priority".

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US manufacturer Cardinal Foods to up production

The company, based in North Carolina, is to increase production amid growing demand at home and abroad, it announced.

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Fazer to end production of Dumle lollies

The Finland-based food manufacturer is to stop making a candy product that first hit the market more than 75 years ago.

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PepsiCo quits Indonesia snacks JV with PT Indofood

PepsiCo has quit a joint venture in Asia, with the US-based food and beverages giant selling its stake to a local partner.

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Thai Union quits Middle East venture

The Thailand-based seafood giant is selling up and leaving a venture signed six years ago after the business failed to hit expectations.

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Sunday, February 21, 2021

Dole Asia Holdings starts global fund centred on nutrition solutions

Fresh fruit group Dole has launched a fund centred on "strategic partnerships" in nutrition solutions and sustainability.

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Friday, February 19, 2021

Halo Top CEO joins investors in US flavoured milk business Slate Milk

Slate Milk, a US start-up manufacturing flavoured milk drinks, has secured new funding from a group of investors.

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New products - Lotus Bakeries-owned Bear snacks moves into ice lollies; Litehouse's Purely Balanced dressings; Serenity Kids rolls out grain-free puffs; Nestle eyes vegan KitKat

This week's selection of new products that caught the eye include the first vegan baby-food brand from Nestlé, and plans for a vegan KitKat, and salad dressings from Litehouse. 

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HKScan sells food plant in Finland

Nordic food group HKScan has sold a ready-meals and processed meat plant in Finland as it seeks to reduce debt.

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Dole starts global fund centred on nutrition solutions

Global fresh fruit supplier Dole has launched a fund centred on "strategic partnerships" in nutrition solutions and sustainability.

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Japan's Kikkoman takes control of India operation with new subsidiary

Japan-based soy sauce manufacturer Kikkoman has announced a significant change to its operation in India.

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Freedom Foods sees another CFO depart troubled Australian dairy business

Freedom Foods Group, the troubled Australian dairy business, has seen the departure of yet another executive.

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Danone adds to plant-based offering with deal for Earth Island

French dairy giant Danone has acquired a US plant-based business specialising in cheese and mayonnaise, it has announced.

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Fazer to tighten staff count again at Finland plant as Covid hits demand

Finland's Fazer Group is planning another round of potential lay-offs at a domestic plant due to a drop in demand linked to Covid-19.

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Thursday, February 18, 2021

Mondelez International launches Sustainable Futures investment platform

Snacking and confectionery major Mondelez International has set up a sustainability platform based around "impact investing".

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Biscuit-maker Pladis to ditch black plastic in UK, Ireland

McVities' biscuits owner Pladis has issued a sustainabilty update linked to the products it sells in the UK and Ireland.

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New products - Litehouse launches yogurt-based dressings Purely Balanced; Serenity Kids rolls out grain-free puffs; Nestle looks to vegan KitKat

This week's selection of new products that caught the eye include the first vegan baby-food brand from Nestlé, and plans for a vegan KitKat, and salad dressings from Litehouse. 

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Argentina accuses Danone, Unilever of holding back supplies

The Argentinian government has accused some FMCG firms of deliberately holding back production of goods intended for the country's retail outlets.

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Wednesday, February 17, 2021

TPP Capital launches fund focused on food, drink enterprises run by ethnic minorities

TPP Capital Holdings, a US private-equity firm dedicated to improving the health of ethnic communities, has launched a food- and drinks-focused fund.

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Total Produce, Dole Food Co. to merge into new US-listed entity Dole Plc

A merger has been agreed in the global fruit and vegetable sector that will see two category leaders create a new US-listed entity.

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Investor Artisan Partners 'urges Danone to split some businesses'

French newspaper Le Figaro has reported that US investment firm Artisan Partners is calling on French dairy giant Danone to make changes to its product portfolio to boost returns.

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Boulder Sausage sold to London-headquartered investor MBH Corp

Boulder Sausage, a US manufacturer of sausage and bacon for the retail and foodservice channels, has a new owner.

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New products - Litehouse launches yogurt-based dressings Purely Balanced; Nestle looks to vegan KitKat; Upfield takes Violife plant-based cheese to France

This week's selection of new products that caught the eye include the first vegan baby-food brand from Nestlé and Upfield launching its Violife brand in a new European market.

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Canadian investor Eat Beyond takes stake in plant-based firm Zoglo's 

Zoglo's Incredible Food, a Canadian manufacturer of kosher and plant-based products, has sold a stake in the business to a local specialist investor.

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Sanderson Farms in crisis-management mode as winter storms hit

US meat business Sanderson Farms has issued an update as winter storms hit the states where some of its production facilities are based.

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Tony's Chocolonely dropped from Slave Free Chocolate list over Barry Callebaut links

Tony's Chocolonely, which makes confectionery from ethically-sourced cocoa, has responded to the company's removal from the Slave Free Chocolate list.

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General Mills unveils Accelerate strategy centred on key categories, markets

US food major General Mills plans to focus on specific markets and product categories in an attempt to reach its long-term goal of up to 3% annual growth.

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Tuesday, February 16, 2021

Atria to sell Russian meat business Pit Product to unit of Cherkizovo

Atria, the Finnish meat processor and ready-meals maker, has announced it has entered an agreement to sell its loss-making Russian subsidiary.

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Verus International's deal for Eliot's Nut Butters rescinded

US consumer-goods company Verus International, which also trades as Verus Foods, has announced a deal struck last year has fallen through.

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Nestle, General Mills to add Nutri-Score labels to cereal bars in Germany

Food giants Nestlé and General Mills are to introduce Nutri-Score nutrition labels on cereal bar products in a key European market.

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Campbell Soup Co. faces lawsuit over toxic baby-food claims

Campbell Soup Co. is up against a consumer lawsuit filed in the US over claims its Plum Organics baby-food products contain harmful elements.

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UK's Mackie's Crisps invests in new vegetable snacks facility

UK-based Mackie's Crisps is investing in a new vegetable snacks facility at its Scottish base, the company has announced.

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New products - Nestle reveals plans for vegan KitKat; And chooses Belgium for first vegan baby-food range; Upfield takes Violife plant-based cheese brand to France

This week's selection of new products that caught the eye include the first vegan baby-food brand from Nestlé and Upfield launching its Violife brand in a new European market.

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Kerry Group launches review of dairy business in UK, Ireland as revenues fall

Kerry Group, the Dublin-listed consumer foods and ingredients supplier, has announced a strategic review this morning (16 February) in conjunction with its annual results.

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Israel's Redefine Meat eyes global launch after funding round win

Redefine Meat, an alt-protein business based in Israel using 3D technology, has announced the results of a series A funding round.

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Monday, February 15, 2021

Nestle joins forces with Swiss tech experts on carbon footprint project

Global food giant Nestlé has linked up with a technology institute on a research project intended to help reduce the carbon footprint of agricultural raw materials.

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Add Psalt accelerator seeks to foster growth in black community enterprises

A new non-profit accelerator has been launched to boost brands in the UK food and beverage sectors founded by black people.

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Rule Breaker Snacks sells minority stake to Grupo Bimbo's venture arm

Rule Breaker Snacks, a New York-based maker of vegan and gluten-free treats, has sold a minority stake in the business founded in 2015.

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Dole Packaged Foods opens third US frozen fruit plant

Dole Packaged Foods, a subsidiary of Dole Food Co., has opened another US fruit facility to serve customers on the east coast.

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Nestle, Mars among chocolate giants facing slavery lawsuit in US

Some of the world's largest chocolate manufacturers have been accused of child slavery in a US court, a case that also involves agri-food and ingredients heavyweights.

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German dairy Bauer makes vegan push

Bauer, the privately-owned German dairy processor, is rolling out a range of plant-based dairy alternatives.

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Friday, February 12, 2021

New products - Small Giants wins in Sainsbury's with cricket snacks; Arla adds dips to Buko line in Germany; Conagra unveils Mondelez tie-up; Insane Grain wins 'big four' listing

This week's batch of new products includes the addition of dips to Arla's Buko brand in Germany and UK healthy snacks start-up Insane Grain winning its first 'big four' listing. 

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Brazil beef giant Minerva eyes Australia acquisition with Saudi state fund Salic

Brazilian meat major Minerva Foods is eyeing a potential acquisition in Australia in partnership with a Middle Eastern state fund.

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Investor-backed Symington's explores options over future

Symington's, the UK-based branded and private-label food business, has acknowledged the investor-backed company is exploring options over the future of the company.

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France's Bel Group backs plant-based fund Big Idea Ventures

Big Idea Ventures, an alternative-protein venture fund and accelerator, plans to bolster its presence in Europe with backing from a major dairy firm.

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Irish plant-based business Fiid targets UK expansion

Fiid, an Irish plant-based food business specialising in shelf-stable products, has set its sights on winning listings with major grocers in another market.

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Thursday, February 11, 2021

UK's Batch Ventures invests in local biscotti maker The Artful Baker

Batch Ventures, the joint venture between UK bakery major Warburtons and challenger-brand builder Mission Ventures, has invested in a local biscuit maker.

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Hormel Foods buys Planters from Kraft Heinz

The deal, struck in cash for US$3.35bn, is part of Hormel's "evolution as a global, branded food company", the Spam owner said.

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Sanford in talks with China following seafood plant imports suspension

New Zealand-based seafood business Sanford is in talks with Chinese authorities regarding exports from one of its plants.

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US investor Artisan adds voice to calls for change at Danone

Another investment group has added its voice to calls for structural change at French dairy giant Danone.

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Activist investor in TreeHouse Foods seeks new options, including potential sale

An activist investor has emerged pressing for an improvement in TreeHouse Foods' share price and also a possible sale of the business.

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Wednesday, February 10, 2021

Ferrero makes branded ice-cream push

Italy-based confectioner and sweet-snacks giant Ferrero is taking on another part of the food industry.

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UK bakery firm Frank Roberts & Sons to cut jobs

Frank Roberts & Sons, a UK-based bakery firm, has merged its two business units, putting as many as 50 jobs on the line.

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UK dairy co-op Omsco hires Arla's David Williams as first CEO

Omsco, a UK-based organic dairy cooperative, has created a chief executive position and appointed an experienced industry figure to the role.

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Hain Celestial edges closer to acquisitions

Hain Celestial's chief executive Mark Schiller has given the strongest indication yet that the US food major is ready to make acquisitions.

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Mondelez launches CoLab snacks accelerator

The US giant, through its SnackFutures innovation and venture arm, is setting up a scheme to work with fledgling businesses in what the Cadbury maker calls "well-being snacks".

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Tyson Foods buys stake in poultry assets of Malayan Flour Mills

US meat major Tyson Foods has taken a 49% stake in a south-east Asia-based chicken business for an undisclosed sum.

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US cell-based firm New Age Meats secures more funding

US cell-based firm New Age Meats has secured additional backing from investors, including the founder of snack bar brand RXBar, it has announced.

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PepsiCo renames racially insensitive Aunt Jemima brand as Pearl Milling Company

PepsiCo has renamed its Aunt Jemima brand of pancake mixes and syrups after the US food and beverages major announced the plan in June amid concerns about racial stereotyping.

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Tesco taken to task by investors over efforts to tackle obesity 

UK supermarket giant Tesco has been challenged by a group of investors to do more to tackle a key health issue.

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Fazer Group to close bakery plant in Sweden under efficiency drive

Fazer Group, the Finnish food business, has announced it plans to close one of its bakeries this autumn as the company seeks to boost efficiency across its plants.

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Post Holdings eyes deal through special-purpose acquisition vehicle

The US-based food manufacturer is the latest business to turn to a special-purpose acquisition company, or SPAC, with an eye on buying a business.

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Arnott's to form cereal, snacks division on back of majority stake in Australia's Diver Foods

Arnott's Group, the Australian food manufacturer, plans to create a new division after entering an agreement to take a majority stake in a local business.

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Tuesday, February 9, 2021

Lotus Bakeries to invest in US, Belgium plant expansion

Lotus Bakeries plans to add new production lines at plants in the US and Belgium over the next three years.

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New products - Arla Foods adds dips to Buko brand in Germany; Conagra unveils Mondelez tie-up; UK healthy snacks start-up Insane Grain wins 'big four' listings

This week's batch of new products includes the addition of dips to Arla's Buko brand in Germany and UK healthy snacks start-up Insane Grain winning its first 'big four' listings. 

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US meat company Randall Farms bought by PE firm Highview Capital

Randall Farms, a US meat business, has been acquired by a local private-equity firm for an undisclosed sum.

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Mars defends colours stance amid criticism

The confectionery giant has attracted flak from a prominent US non-profit over a pledge made five years ago.

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Warning over UK meat jobs as Brexit export delays continue

UK industry body The British Meat Processors Association (BMPA) has warned that job losses could be on the cards following the country's departure from the European Union.

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Vinamilk readies new Philippines venture

Vinamilk, Vietnam's largest dairy company, has announced it is preparing to set up a venture in a key export market.

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Nestle sets climate priorities for Europe, Middle East, north Africa

Nestlé has today outlined its climate change priorities for its operations in three geographic regions.

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Pastas Gallo plans to consolidate pasta production in Spain

Investor-backed Spanish food business Pastas Gallo is reorganising its pasta operations through a consolidation process.

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Nestle says 'Gerber baby foods made in China are safe after toxic metals claim'

Nestle and its Gerber baby foods unit have responded to allegations posted on social media in China that the brand's cereals contain toxic metals.

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Clemens Food Group to expand US pork facility

Clemens Food Group, a US-based pork processor, is to spend US$228m on expanding its operations, it has been revealed.

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Monday, February 8, 2021

German confectionery exporters lambast post-Brexit controls as shipments suffer

Germany's confectionery makers are already facing challenges in exporting to the UK following the post-Brexit customs arrangements.

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US candy firm American Licorice Co. snaps up local peer Torie & Howard

US candy business American Licorice Co. has acquired a local peer for an undisclosed sum, it has announced.

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Snacks maker Edita Food Industries adds capacity after new wafer launch

Edita Food Industries, the Egypt-based snacks maker, is adding production capacity after the recent launch of a new wafer bar.

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Meat group Olymel to invest in Quebec plant

The Canada-based pork and poultry processor is to make changes to one of its production sites, it has announced.

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Juhayna CEO detained in connection with "accusations" against former chairman Safwan Thabet

Egypt's Juhayna Food Industries has said a top executive was detained by the authorities at the weekend in connection with accusations against a family member.

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Friday, February 5, 2021

Mondelez confirms closure of two US biscuit plants

The US snacks giant said in November it may shut facilities in Georgia and New Jersey. It's now come to a decision on their fate.

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The Abergavenny Fine Food Co. to invest in production

The Abergavenny Fine Food Co., a UK-based dairy and snacks producer, is investing in its manufacturing capacity, with a focus on plant-based products.

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2 Sisters recruiting 500 workers as pandemic pushes up poultry demand

2 Sisters Food Group plans to hire hundreds of workers to meet growing demand for poultry products in the UK.

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UK plant-based firm Jack & Bry secures seed funding

A London-based business selling plant-based meat replacements centred on jackfruit has announced fresh funding.

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Hershey to change tack in China

Hershey is changing the way it sells products in China, which is the US-based snacks major says will hit sales in 2021 before the confectioner bounces back in 2022.

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Nordic meat group HKScan underlines plant-based ambition

HKScan wants to continue to build its presence in the market for plant-based alternatives, although the Nordic meat group insists meat still has a future in its strategy.

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Thursday, February 4, 2021

US group Chobani 'preparing for IPO'

The yogurt and dairy-alternative maker is said to be readying a listing this year, although the US group has refused to be drawn on the report.

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Mondelez invests in chocolate production in UK

Mondelez is putting cash behind chocolate manufacturing in a major European market, the US snacks giant has announced.

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Canada's Three Farmers Foods gets investment

The lentils and chickpeas supplier has secured investment from a local fund and Canada's export credit agency.

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Fraser and Neave snaps up majority of Malaysia's Sri Nona

Singapore-based food and beverage maker F&N has acquired a majority interest in a condiments and desserts supplier in Malaysia.

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German seafood group Crusta Nova sold

The Munich-based seafood supplier has a new majority shareholder, with the investors aiming to expand its position in Europe.

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US and Bangladesh snacks firm Frontier Nutrition in funding round boost

Frontier Nutrition, a US and Bangladesh-based business specialising in fortified snacks, has raised money in a funding round.

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Wednesday, February 3, 2021

Amy's Kitchen wants to set up Europe production

The family-owned US frozen ready-meals and canned soups manufacturer is looking at setting up production overseas.

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India's Tata Consumer Products to buy local Soulfull owner Kottaram Agro Foods

Tata Consumer Products, an arm of India's giant Tata conglomerate, has announced it is acquiring a local peer, known for its better-for-you product range.

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Premium Brands-owned Belmont Meats shuts Toronto plant amid Covid outbreak

Belmont Meats, a protein business owned by Canada's Premium Brands Holdings, has seen an outbreak of Covid-19 at its factory in Toronto.

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UK plans code of conduct for dairy sector

The UK plans to introduce a "statutory" code of conduct for the country's dairy industry following consultations launched last year.

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New products - Valeo takes Rowse honey into spreads; Nestle launches Lily's Kitchen in China; Bel unveils plant-based Nurishh in UK; Fazer Minis address kids' health

This week's batch of new products includes Ireland's Valeo Foods taking Rowse honey into the UK chocolate spreads category and Nestlé is launching Lily's Kitchen pet food in China.

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UK asks for grace period extension for Northern Ireland customs checks

The UK government has asked for European Commission help in relation to customs checks on supplies moving from Great Britain to Northern Ireland.

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Biscuit International in talks to acquire Dan Cake Portugal

Investor-backed Biscuit International is on the acquisition trail again in Europe as the France-based private-label manufacturer eyes another target.

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Dairy giant Muller to launch vegan range

The Germany-based dairy major, one of the largest milk processors in Europe, is to enter the vegan market in its home country.

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Danish baby-food firm Fra Fejo buys local peer, eyes exports

Fra Fejø, a Danish supplier of organic baby-food, has snapped up a local peer and wants to expand its presence outside its home market.

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UK pressing European Commission on live shellfish exports ban

The UK government is in talks with the European Commission over an issue related to the export of certain types of live shellfish to the European Union.

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Kraft Heinz linked to $3bn sale of Planters snacks business to Hormel

A US newspaper report suggests local food major Kraft Heinz is planning to sell its Planters snacks business to an American peer.

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Baxters plans to close retail centre in Scotland as pandemic hits foot traffic

Baxters Food Group, the UK-based soups-to-condiments maker, has announced the closure of a project in Scotland due to the pandemic.

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Tuesday, February 2, 2021

Pure Foods Tasmania buys Australian peer Lauds Plant Based Foods

The acquisitive Pure Foods Tasmania has snapped up another company in its domestic market, a firm it says it can grow at home and abroad.

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Katjes mulls move for closed Haribo factory

The privately-owned Germany-based confectioner is interested in buying a factory closed last year by one of its domestic peers.

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Israel's Future Meat gets new funding for cell-cultured poultry development

Future Meat Technologies, an Israeli start-up developing lab-grown meat, has had another cash injection as it plans to launch its first product in 18 months.

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Re-use platform Loop enters Canada with Loblaw, Kraft Heinz on board

Loop, the global re-use platform operating in more than 20 countries, has entered a major new market where it has signed up a local grocery major as its retail partner.

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Post Holdings leads investment round in US snacks firm PeaTos

PeaTos, a Los Angeles-based business making better-for-you snacks from peas, has secured new funding in the form of a Series B round led by a major US food manufacturer.

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Heck eyes vegan product innovation with vertical-farming move

UK sausage and vegan food manufacturer Heck has implemented a new farming system in a move it suggests could help to create new flavours for meat-free products.

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Trademark issue sees Schouten's TuNo become Vegan Green Tuna

Netherlands-based meat-free group Schouten Europe has changed the name of its newly-launched tuna-alternative after the branding was challenged by a rival.

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Monday, February 1, 2021

US Congress probing meatpackers over Covid deaths

A US Congress panel is investigating three of the country's largest meatpacking businesses in relation to worker deaths at their facilities during the Covid-19 pandemic.

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Meat giant JBS invests in Brazil plant

Brazil-based meat processor JBS has expanded meat capacity at one of its plants via an investment in its subsidiary.

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SunOpta invests in plant-based capacity, sells another asset

SunOpta, a Canadian producer of organic and plant-based food and drinks, has announced a rejig of its manufacturing capabilities.

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Quorn owner Monde Nissin said to be weighing IPO

A south-east Asian food and drinks giant is said to be exploring the possibility of an initial public offering.

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Spain dairy group Pascual to cut jobs

The company said the cuts were part of moves to become more competitive in a market undergoing "a rapid evolution" in areas such as e-commerce and automation.

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Six killed in liquid nitrogen leak at Foundation Food Group's poultry plant

A liquid nitrogen leak at a poultry plant owned by Foundation Food Group in the US state of Georgia has resulted in a number of fatalities and injuries.

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Covid fatality at another Muller plant in UK

Another UK manufacturing plant owned by Germany headquartered dairy giant Müller has been affected by Covid-19.

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Smithfield Foods to reduce sugar, salt in products

Smithfield Foods, the US meat firm owned by China's WH Group, has made a four-year commitment linked to the amount of sugar and salt in its product range.

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Conagra Brands to close Milwaukee plant acquired under Sandwich Bros. deal

US food major Conagra Brands plans to close a plant it acquired as part of its purchase of Sandwich Bros.

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Canada food retail body issues own call for grocery code of conduct

Canada's largest retail trade body has joined calls for a grocery code of conduct – although its demands have sparked concerns at one le...