Coca-Cola Consolidated regains full ownership with $2.4bn share buyback
Coca-Cola Consolidated has completed a $2.4 billion share repurchase from a subsidiary of the Coca-Cola Company, marking a significant shift in the structure of...
Hormel Foods cuts 250 jobs amid corporate overhaul
Hormel Foods is eliminating 250 corporate and sales positions as part of a company-wide restructuring. The Minnesota-based manufacturer, known for brands including Spam and...
Vietnam seeks Lotte’s expansion in Ho Chi Minh City
Vietnam has approached South Korea’s Lotte Group to develop a new commercial complex in Ho Chi Minh City, signalling plans to deepen economic cooperation...
Meat prices climb again as grocery costs diverge
Wholesale and retail food markets saw a sharp rise in meat costs in September, led by a 14.7% increase in beef and veal prices....
Princes Group targets £1.16–£1.24 billion valuation in London float
Princes Group, a major UK food and drink supplier owned by Italian firm NewPrinces, has confirmed plans to raise $537 million through a London...
Roberts Bakery faces potential administration amid market pressures
Roberts Bakery is on the brink of administration after filing a Notice of Intention to appoint administrators, signalling efforts to restructure and stabilise its...
Butter prices fall as production outpaces demand
Butter prices in the United States have dropped to their lowest level in four years, driven by high milk output and a surplus of...
Cyberattack disrupts Asahi operations and supply in Japan
Asahi Group Holdings continues to experience production and distribution delays across Japan following a large-scale cyberattack that paralysed its ordering and delivery systems earlier...
General Mills to close three Missouri plants amid supply chain overhaul
General Mills will close three of its Missouri production sites as part of a broader supply chain restructuring aimed at increasing efficiency. The closures...
Truffle specialist breaks into Southeast Asian markets
TruffleHunter, a business from South Cerney in the Cotswold District, has expanded into new international markets thanks to UK Export Finance's Small Export Builder...
