Lactalis To Acquire Saputo's UK Dairy Operations
Canadian dairy producer Saputo has agreed to sell its UK operations to French dairy firm Lactalis in a deal worth around £988 million.
Corporate news
Fresh headlines across food, beverage, personal-care, home-care, retail and FMCG services, updated automatically and linked to the original publishers.
As Lululemon AI chief exits, analysts ‘increasingly concerned’ about turnover
Ranju Das, who held his role for less than a year, is leaving just a month before incoming chief Heidi O’Neill is set to start.
Lactalis is British market leader following Saputo subsidiary acquisition
Lactalis is acquiring the British division of its Canadian competitor Saputo for 988 million British pounds (1.16 billion euros). The deal makes Lactalis the market leader in the…
Lactalis fires up M&A engine with deal for Saputo’s UK business
Lactalis has entered an agreement to acquire the UK business of Canadian peer Saputo in the dairy giant’s fourth deal in two months. The post Lactalis fires up M&A engine with…
Birkenstock is making steady progress thanks to its own stores
Birkenstock is raising its forecast following a 13% increase in revenue. The sandal manufacturer owes this primarily to its own retail network, which now comprises 124 stores…
Mothercare reports sharp profitability drop due to Middle East disruption and end of Boots partnership
Mothercare reported a sharp fall in sales and profitability in its latest full-year results, which it has attributed to the continued challenges facing its franchise-led business…
JD.com returns to profit in Q2 despite rare dip in revenues
The company attributed the decline in top-line revenues primarily to a high base effect from the previous year
HelloFresh feels the impact of meal kit slow down
HelloFresh group revenue fell to around €1.5 billion in the second quarter of 2026, down from €1.7 billion a year earlier, as it faced fewer orders. Orders volumes dropped to…
Nakey Bakey secures Scotmid listing as it eyes UK expansion
Fife free-from food brand Nakey Bakey secured a listing across Scotmid stores, with plans for wider UK growth. The Glenrothes-based business won Scotmid’s Scottish Favourites…
JD.com reports first revenue decline in ten years
Chinese retail giant JD.com, which is preparing to acquire MediaMarkt in Europe, is facing its first quarterly decline in revenue in more than a decade. Nevertheless, the company…
TWE reports sales slump in full-year results
Treasury Wine Estate’s (TWE) net sales revenue decreased by 12.8 per cent to approximately £1.3bn, due to reduced shipments across all divisions. The company’s gross profit went…
Thai Union Raises Full-Year Guidance After Strong Q2 Results
Thai Union Group exceeded gross profit margin expectations in Q2, driven by disciplined cost management and a favourable product mix.