Sodexo Beats Forecasts As Turnaround Gains Traction After North America Setbacks
Sodexo reported stronger-than-expected full-year revenue on Friday, helped by steady demand and higher prices.
Corporate news
Fresh headlines across food, beverage, personal-care, home-care, retail and FMCG services, updated automatically and linked to the original publishers.
Mérieux NutriSciences completes acquisition of Certified Group
First announced in August, this strategic transaction unites two complementary leaders in the Testing, Inspection, and Certification (TIC) sector. With approximately $300 million…
Chocolate maker Lindt takes action at the top following two profit warnings
Chocolate maker Lindt & Sprüngli is replacing CEO Adalbert Lechner after the company was forced to lower its growth forecasts twice this year. Former CEO Dieter Weisskopf is…
McCormick and Unilever deal one step closer: US approves, now it’s up to the UK
McCormick has cleared a major hurdle in the United States regarding its planned acquisition of Unilever's food business. However, the transaction has not yet been finalized, as…
Tesco’s profit jumps 6.5% as it hits “highest-ever customer satisfaction score”
Tesco has raised the lower end of its full-year profit guidance, as it reports resilient sales growth across its UK grocery business in the first half of 2026. The supermarket…
Paul Smith boss brands Frasers’ Harvey Nichols deal ‘dubious’
Paul Smith executive chairman Ewan Venters has questioned the ethics of Frasers Group’s takeover of Harvey Nichols, as suppliers face recovering just a fraction of the money they…
McCormick and Unilever’s $45B merger under investigation in UK
The companies, which expect to close their transaction in 2027, are already looking to sell Colman’s mustard “to address potential competition concerns.”
C&C announces acquisition of Asahi UK’s wholesale business
The parent company of Magners and Orchid Pig, C&C Group, has announced the acquisition of Asahi’s UK wholesale business for an undisclosed amount. After the transaction is…
Spanish free-from baker Airos merges with Esgir cereal maker
Airos Delicatessen is merging with local breakfast-cereal maker Esgir in a transaction backed by asset manager Impact Bridge. The post Spanish free-from baker Airos merges with…
Keurig Dr Pepper sells equity stake back to Chobani for $800M
The soda and coffeemaker said the transactions will help reduce debt as it prepares to split the company in early 2027.
Mérieux NutriSciences acquires Certified Group
The transaction is expected to close by the last quarter of 2026, once customary closing conditions have been met.
Pilgrim’s Europe agrees deal to acquire Walkers Deli & Sausage
Pilgrim’s Europe has agreed to acquire Walkers Deli & Sausage Company from Samworth Brothers. The transaction remains subject to Competition and Markets Authority approval and…