Belgian dairy company Alpro has announced that its CEO Bernard Deryckere will step down from his position after 16 years leading the business.
Management responsibility will be given to Sven Lamote, who will be tasked to prepare the Alpro plant-based business for its next stage of growth as the company’s new general manager.
Six months have passed since Alpro joined Danone following completion of the $12.5 billion WhiteWave merger.
Alpro said that following the merger, Deryckere facilitated the integration between Alpro and Danone, ‘creating the right environment for plant-based to accelerate’.
Danone now wants to further accelerate momentum by combining the expertise of Alpro with the distribution and geographical footprint of Danone, both in Europe and beyond current core markets of Alpro.
In a statement, Alpro said: “To help deliver on this ambition, Sven Lamote, vice president of customer development of Alpro since 2014, will now be appointed as the new general manager of Alpro to steer the plant-based business to the next stage of growth and deliver more choice to consumers who increasingly enjoy plant-based products.”
Source: FoodBev
McCain Foods has completed the acquisition of Irish plant-based frozen food manufacturer Strong Roots. The acquisition follows McCain and Strong Roots’ strategic partnership, which began in 2021 and resulted from a $55 million investment.
Cargill partners with Voyage Foods to scale up alternatives to cocoa-based products to meet consumers’ indulgence needs. The commercial partnership will also provide food manufacturers with nut spreads produced with no nut or dairy allergens used in the recipe formulation.
L’Occitane International owner Reinold Geiger is reportedly close to taking the company private in a deal with Blackstone. The French skin care company’s filing halted trading of its Hong Kong-listed shares this week. This is the second time in months that the Australian billionaire has attempted a buyout.