Dairy processors pump $15B into new and expanded manufacturing capacity
The investments span nearly every major dairy category and include new plants, facility expansions, additional processing lines and modernization projects. They reflect strong…
Corporate news
Fresh headlines across food, beverage, personal-care, home-care, retail and FMCG services, updated automatically and linked to the original publishers.
Riello Investimenti takes majority interest in frozen-food business Italsur
Italian asset-management firm Riello Investimenti has acquired a majority stake in local frozen-food company Italsur. The post Riello Investimenti takes majority interest in…
2 Sisters owner invests in Bernard Matthews turkey plants
The owner of UK-based 2 Sisters Food Group plans to invest £100m ($133.4m) across its Bernard Matthews turkey operations. The post 2 Sisters owner invests in Bernard Matthews…
Italian group Rispo moves to new private-equity owners
Italian frozen-food maker Rispo Group is getting a new private-equity owner as Bluegem Capital Partners takes a majority stake. The post Italian group Rispo moves to new…
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…
M. Dias Branco buys majority of Brazilian bakery group Grespan
Brazil’s M. Dias Branco has agreed to acquire a majority stake in domestic bakery business Grespan Pães Congelados. The post M. Dias Branco buys majority of Brazilian bakery group…
Panzani and Cerealis to create a 1.8-billion-euro European pasta giant
French pasta manufacturer Panzani and its Portuguese industry peer Cerealis are in exclusive merger talks. The merger is valued at approximately 1.8 billion euros. Both companies…
Sligro Food Group Sees Q3 Revenue Decline, Consumer Spending Stays Weak
Dutch foodservice wholesaler Sligro Food Group has reported a year-on-year decline in revenue in the third quarter of 2026.
Royal A-ware working on new factory in Belgium
Dairy group Royal A-ware is working on plans to build a cheese factory at its existing site in Pajottegem, Belgium. The post Royal A-ware working on new factory in Belgium…
THG lifts earnings forecast on sports nutrition business
UK-based THG has upgraded its earnings guidance for the year on the back of a "stronger performance" from its sports-nutrition unit. The post THG lifts earnings forecast on sports…
THG upgrades profit outlook as Myprotein partnerships drive growth
THG has upgraded its full-year profit expectations after a stronger-than-expected third quarter, thanks to a nutrition business that continues to benefit from growing demand. The…
THG upgrades FY26 adjusted EBITDA forecast to £103m as profitability improves
The group raised full-year earnings expectations following strong Nutrition performance and 1.5% growth in third-quarter revenue