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UK private equity group appoints advisers to explore options amid early signs of recovery in buyout market
...Private equity firms Advent International and Carlyle had walked away from buying the business because of concerns about the working conditions on its plantations....
Main shareholder JAB Holding seeks to shake up business after period of sustained share price underperformance
Probe finds snack maker tried to prevent products moving between countries so consumers could get lower prices
...The top three executives at some of China’s leading state-backed brokerages, including CSC Financial, Citic, China International Capital Corporation (CICC), Huatai Securities and Guotai Junan Securities,...
...ZOF has supplied some of the world’s biggest international seafood distributors, including Taiwanese group FCF and Japanese trading house Mitsubishi....
...In October the EBRD provided $100mn out of a $480mn international funding package for MHP, saying the company was “of vital importance to Ukraine’s and global food security” as well as playing “a crucial...
...Private equity groups Advent International and CVC Capital have teamed up to bid for a pet food company owned by Cinven, leaving a single bidding consortium left seeking to buy an asset the UK buyout group...
...Ono says she never imagined that non-Japanese directors would sit on the corporate board, as they do at Suntory Beverage & Food, or that its international business would become larger than its domestic operation...
Associated British Foods says ‘normality’ in supply chains helps lift half-year earnings by 37%
...In the new category of no- and low-alcohol beverages, he added that the company would invest more in start-ups to gain the technology and capability to produce more beverages in small volumes....
Bosses of Woolworths and Coles defend profitability on first day of inquiry
...The company warned in the previous quarter of a slowdown in North America in both food and beverages that continued into this year, which was partly affected by the recall of some Quaker Foods products....
...PepsiCo’s chief financial officer said the global “consumer picture” was strong despite soft sales in the US, as strong wage growth and low unemployment kept the snacks and beverage seller optimistic....
Hong Kong-based fund frustrated at group’s failure to pay a dividend since 2020
...Latest forecasts from the ICCO, the International Cocoa Organization, estimate that Ghana will produce about 580,000 and Ecuador 430,000 tonnes in the current 2023-24 season....
Cheap and calorie-filled, the rapid foodstuff tells us about the state of the world
With Chinese tariffs expected to end in 2024, wine oversupply should diminish
...First-tier tribunal judgment in Odysea Ltd vs London Borough of Waltham Forest, 2024: 1....
...Many international providers highlight bubble tea’s Taiwanese origins, but milk tea beverages sold across the mainland are often associated with the country’s ancient tea-drinking traditions....
The German food order group garnered a less than expected £77mn from institutional investors for its minority stake
Even the IMF underestimates the industry’s heft, according to JPMorgan
...🤠 HMRC v Premier Foods Ltd (2007) is an epochally important case that considered whether a fruit bar was confectionery....
...Sales of electric vehicles will “grow strongly” this year and could see battery and hybrid models account for one in five cars sold worldwide, according to a bullish forecast from the International Energy...
...Piggybacking on international trade and colonialism, distinct tea cultures and strains of tea now stretch across six continents....
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