Brown-Forman rejects Sazerac takeover bid
The Jack Daniel's owner said the proposal wasn’t “actionable” months after declining a separate offer from Pernod Ricard.
Corporate news
Fresh headlines across food, beverage, personal-care, home-care, retail and FMCG services, updated automatically and linked to the original publishers.
English investor buys historic Château Vignelaure
English insurance entrepreneur Neil Utley has acquired Château Vignelaure, one of Provence’s most historically important wine estates. The deal brings new investment to a property…
Spain cereals firm Haricaman gets investment
Spanish cereals group Haricaman has brought in agri-food investor Unigrains as a minority shareholder. The post Spain cereals firm Haricaman gets investment appeared first on Just…
Frozen Potato Supplier Lamb Weston Forecasts Annual Results Above Estimates
Lamb Weston has forecast annual sales and profit above Wall Street estimates, betting on demand for its frozen potato products in North America.
The View From The Ground: Revenue Growth Masks Falling Fresh Produce Tonnage
The fresh-produce sector presents a complex environment where revenue growth masks a significant decline in overall tonnage.
Sláinte whiskey eyes Ireland launch and RTDs
Backed by American actor Liev Schreiber, Sláinte Irish Whiskey has US expansion and more markets in sight, including Ireland The post Sláinte whiskey eyes Ireland launch and RTDs…
Carrefour satisfied with slight margin growth
Despite a challenging geopolitical environment, Carrefour posted solid revenue growth in its three core markets—France, Spain, and Brazil—during the first half of the year…
Oatly ups revenue forecast as Europe outperforms on volumes
Oatly has raised its forecast for underlying sales after growth in North America and overseas, although the oat-drinks maker remains loss-making. The post Oatly ups revenue…
EU outlines its objections to JD.com’s acquisition of MediaMarkt
The European Commission is taking a new step in the proceedings regarding JD.com's planned acquisition of MediaMarkt owner Ceconomy. Specifically, the EU is investigating whether…
Nestlé Brasil Invests €93m To Expand And Modernise Araçatuba Plant
Nestlé Brasil is investing R$ 540 million (€93.3 million) in its São Paulo facility, which produces infant and medical nutrition.
Wendy’s bites into European expansion, starting in Italy
The American hamburger chain Wendy’s is aiming for growth in Europe. The first two Italian restaurants will open in Milan this year, marking the start of plans to open 170…
Pladis Invests in New Production Line for Popular Biscuit Range
Pladis France has invested €5.4 million in a dedicated Mini BN production line following strong demand for the range