8 June 2021
Kraft Heinz completes sale of nuts business to Hormel Foods for $3.35bn
Kraft Heinz has concluded the divesture of its nuts business to Hormel Foods in a $3.35bn cash transaction.
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7 June 2021
Reckitt to divest Chinese infant formula business to Primavera for $2.2bn
Reckitt Benckiser Group (Reckitt) has entered a definitive agreement to sell its Infant Formula and Child Nutrition in China (IFCN China) business to Primavera Capital Group (Primavera) for an enterprise...
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4 June 2021
Cargill plans $200m palm oil refinery construction in Indonesia
Cargill has announced plans to build a new palm oil refinery in Lampung, Indonesia, with a $200m investment.
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4 June 2021
Business optimism declines marginally in May: Poll
New COVID-19 waves in some regions are leading to uneven growth prospects for the global economy.
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3 June 2021
Nestlé focuses on healthier foods strategy amid unhealthy product criticism
Nestlé is reportedly planning to reduce salt and sugar percentage in its products and introduce new healthier options to its consumers.
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2 June 2021
TreeHouse Foods sells cereal business to Post Holdings for $85m
US-based packaged foods manufacturer TreeHouse Foods has concluded the sale of its ready-to-eat (RTE) cereal business to Post Holdings for a consideration of $85m.
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1 June 2021
Meat company JBS closes Australian operations after cyber attack
Meat processor JBS has closed Australian operations after its units in the country and North America were affected by an organised cybersecurity attack.
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31 May 2021
UK’s salad maker Bakkavor to create 150 jobs at Bo’ness factory in Scotland
UK-based fresh prepared food producer Bakkavor has announced its plans to create 150 new jobs at its salad processing facility in Bo’ ness, Scotland.
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28 May 2021
Unilever partners with Enough for plant-based meat products
Unilever has announced a partnership with food-tech company Enough to bring new plant-based meat products to market.
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27 May 2021
Poll on technology replacing human jobs invokes mixed response
The automation of workplaces combined with the impact of the COVID-19 pandemic led to millions of job losses across various industries, leading to an existential crisis among workers.