The WWF report offers industry a five-step plan to tackle global water scarcity and holds up certain food and drink companies for their best practice.
Unilever’s chief financial officer Jean-Marc Huët is to leave the company on October 1 and will be replaced by Graeme Pitkethly, executive vice president of Unilever’s business in the UK...
The EU and Mexico will strengthen their economic ties by modernising the Free Trade Agreement, announced EU trade commissioner Cecilia Malmström and the Mexican economic minister yesterday. ...
Southeast Asia is heading for massive economic change with its ten-nation ASEAN single market and this could have ripple effects for the EU too, says expert.
Belgian olive oil extract supplier BioActor has inked a deal with the world’s biggest food firm to develop products based on bone health benefits.
14 nutrition start-ups are formally seeking investment and partners the day before Vitafoods Europe officially opens next week in Geneva.
UK retail giant Tesco has reported a staggering annual loss of £6.4 billion (€8.9bn), the worst in its 96-year history.
Europe’s largest frozen foods business Iglo Group has been bought by a pair of US investors for €2.6bn, at 2.4 times return on the original investment made by parent company...
Nestlé has reported a better than expected sales jump of 4.4% with sales totalling CHF 20.9bn (€20.25bn), boosted by sales of bottled water and chocolate.
Acquisitions have driven AAK’s operating profits to a ‘historic high’ with net sales up to SEK 17,814m (€1.9bn).
Unilever share prices surged more than 4% within a few hours of the company announcing that its first quarter sales had risen 12.3% to €12.8bn, exceeding expectations.
Nestlé could net up to €300m from the sale of Davigel, as the world’s biggest food company continues to refocus its business activities in to higher value areas, an industry...
France's Solina Group will acquire the industrial flavouring division of Paulig to increase its presence in Nordic countries and Russia, the company has said.
Nestlé has opened a production factory in Vietnam to meet rising consumer demand for decaffeinated coffee, it said.
Colours company DD Williamson (DDW) has announced expansion plans with the opening of a new production site in Cork, Ireland.
On the back of a deal with a ‘strong’ equity partner, Barentz International will use the additional funds to accelerate growth in its key markets in Europe, India, China and Asia Pacific,...
The drop in corporation tax, promise of increased investment funding and support for British farmers in the 2015 UK budget were largely supported by British food and drink manufacturers.
Lidl’s proposed 41,806m² new distribution centre would create up to 500 jobs and be the discounter’s 11th in the UK if plans were approved.
Market demand for stevia last year increased PureCircle’s half-year sales by 24%, the company has said.
Empowering women in small-hold agriculture is essential to boosting productivity, creating new product launches and generating business - and companies are starting to realise this, says a Fairtrade Foundation report.
The Irish agri-business Aurivo Co-operative Society has acquired London-based sports nutrition company My Goodness Ltd in an attempt to gain access to the protein drinks market.
Growth at the fragrance and flavour company was fuelled by the acquisition of the Diana Group and a particularly strong quarterly earnings beating forecasts, said the company.
Finland’s Paulig Group has mooted a plan to close a Swedish factory in Sweden that produces Tex Mex potato chips and consolidate production in Belgium.
Global food prices have dropped to their lowest level since July 2010, according to the United Nations’ Food and Agriculture Organisation (FAO).
Müller UK & Ireland has appointed Bergen Merey as md of its Müller Dairy business.