Nestlé and PepsiCo are among six FMCG companies joining forces to try to speed up the development of paper-based alternatives to flexible plastic packaging. The PaperFlex Consortium, convened by the ...

Chinese condiment manufacturer Foshan Haitian Flavouring and Food Company has acquired Amoy Food from private-equity group Trustar Capital. The financial terms of the deal for Hong Kong-based Amoy ...

New Zealand’s competition watchdog is assessing J&P Turner’s proposed purchase of T&G Fresh over concerns it could make growers “more vulnerable” to market power. In a so-called “statement of issues”, ...

Umios, the Japanese seafood giant previously trading as Maruha Nichiro, has made another investment in Southeast Asia with a stake in Pataya Food Industries. Tokyo-listed Umios is taking a 25.1% stake ...

Long-running speculation over the future of Hain Celestial’s business in Europe has finally come to a head with the disposal to a private-equity investor. Nasdaq-listed Hain Celestial said in a ...

Holly Baumgart has spent a decade at Sargento Foods, one of the largest dairy companies operating in the US. Baumgart has just started in a new role – SVP for innovation – and, speaking with Just Food ...

Tesco has increased the number of “restricted” additives in its private-label ranges as the UK retailer works toward cutting ultra-processed foods. The country’s largest supermarket chain said it ...

Investor-backed pizza manufacturer Valsa has acquired fellow Italian business I Maestri del Forno through a majority interest. Private-equity firm Aksìa said Bologna-based Valsa’s annual revenues will ...

NotCo, the Chilean plant-based business set up more than a decade ago, has sold another asset in South America. Co-founded in 2015 by CEO Matías Muchnick, NotCo started out as a manufacturer of ...

Nestlé is introducing a baking range targeted at convenience, kicking off with Brazil and China. The world’s largest food company said the desserts form part of its “modern cooking growth platform” ...