Investments

Meat Producer Cranswick Upbeat On Annual Profit After Strong Christmas Sales

British meat producer Cranswick forecast annual profit ahead of its previous expectation, helped by stronger-than-expected trading in the Christmas quarter...

Barilla Announces Price Cuts Of 7-13% On A Range Of Products in Italy

Italian food company Barilla is planning price cuts of 7% to 13% on a wide range of products, including pasta, biscuits, snacks, and bread.

Baupost Affiliate Sells Its Shareholding In Bakkavor To LongRange

BP-PE5 L.L.C., an affiliate of the Boston-based investment manager Baupost Group, has sold 100% of its shareholding in Bakkavor Group to LongRange Capital...

Sir Dave Lewis Named Operating Advisor To CD&R Funds

US investment firm Clayton, Dubilier & Rice (CD&R) has appointed Sir Dave Lewis as an operating advisor to CD&R funds.

M&S Claims Christmas Trading Crown As Food And Clothing Beat Forecasts

British retailer Marks & Spencer has reported a better-than-expected 8.1% rise in sales over the Christmas trading period.

ADM To Buy UK-Based Firm To Boost Nutrition Business

US agribusiness Archer-Daniels-Midland (ADM) said it would buy UK-based flavour and ingredient firm FDL, as the company looks to expand its nutrition busin...

Unilever To Sell Elida Beauty To Yellow Wood

Consumer goods giant Unilever is to sell Elida Beauty, its non-core beauty and personal care division, to U.S. private equity firm Yellow Wood Partners.

Brazil’s JBS To Invest R$43m To Enhance Traceability In Cattle Supply Chain In Pará

Brazilian meatpacker JBS plans to invest R$43 million over the next three years to enhance transparency and traceability in its cattle supply chain in Par&...