WORLD NEWS
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Wayke Farms gets financial backing to expand into international markets
UK – Wyke Farms, UK’s largest independent cheese producer, has received US$29.79million (£30m) in financial backing from UK Export Finance (UKEF) and Barclays to strengthen…
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DSM posts solid growth in Q3 2022 despite macroeconomic challenges
NETHERLANDS – Dutch nutrition giant, DSM, has delivered a solid performance in the first nine months of 2022, with sales up 20% and organic sales…
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Perrigo Company acquires Nestlé’s Gateway infant formula plant and rights to Good Start infant formula brand
US – Perrigo Company plc, a global consumer self-care company, has acquired Nestlé’s Gateway infant formula plant in Eau Claire, Wisconsin, along with the US…
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Bobbie inaugurates new research and development hub dedicated to enhancing infant nutrition
US – Bobbie has announced the launch of a new research and development hub, Bobbie Labs, which the company has dedicated to enhancing infant nutrition.…
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Danone beat analysts’ expectations in Q3 results, posts sales rise of 9.5%
FRANCE – French food and beverage giant, Danone, has reported third-quarter net sales of EUR7.3bn (US$7.3bn), up 19.1% on a reported basis and 9.5% in…
