Brazilian food company BRF SA has named Elcio Ito as chief financial officer replacing Lorival Luz, who had held the role on an interim capacity, according to a securities filing on Monday.
The board, which approved Ito’s appointment at a meeting on Aug. 31, also named Leonardo Dallorto as the company’s vice-president of integrated planning and hired Rubens Pereira as vice-president of strategy, management and innovation.
By Ana Mano
Source: Reuters
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.
