Food and beverage

NorgesGruppen Reports 9.3% Increase In Operating Income In FY 2023

NorgesGruppen has posted a 9.3% increase in operating income to NOK 112.2 billion (€9.7 billion) in its financial year 2023.

Chosen Foods' Owner Explores Sale Of Avocado-Based Food Products Maker, Sources Say

The private equity owner of Chosen Foods is preparing to explore a sale that could value the avocado-based food products company at around $600 millio...

System Logistics Brings The Future Of Supply Chain To LogiMAT And SITL 2024

System Logistics will showcase its latest innovations in intralogistics and material handling at stand A361 at LogiMAT and stand G132 at SITL.

Ornua Appoints Conor Galvin As Next Chief Executive

Irish dairy co-operative Ornua has named Conor Galvin as its new chief executive officer, effective May 2024.

Lidl Launches Online Wine Store, Plans Sustainable Store

Discounter Lidl is enhancing its retail experience in various markets, with initiatives such as an online wine store and plans for a new 'sustainable' outl...

Givaudan Organic Sales Rise On Higher Prices, But Currency Effects Weigh

Givaudan reported third quarter sales a touch below market expectations, weighed down by currency exchange effects and weaker volumes in its health care, s...

US Food Companies Go Deal Hunting As Pandemic Growth Fades

US packaged food companies are set for a flurry of deals in a push to revamp their brand portfolios as their pandemic-era fortunes fade and benefits of pri...

Drought In Spain To Affect Food And Beverage Supply, FIAB Warns

The lack of rainfall, high temperatures recorded in recent weeks and drought in large areas of Spain is affecting agriculture and livestock and will have a...