UK food producer Cranswick Wednesday said it acquired the whole of the issued share capital of Dunbia Ballymena for cash, to enhance its pig processing capability and establish a significant presence in Northern Ireland.
The acquisition, which is being funded from Cranswick’s existing debt facilities, is expected to be earnings neutral in the current financial year and earnings enhancing in FY18.
Dunbia Ballymena, a Northern Irish pork processing business, currently employs 360 people and processes around 7,800 UK farm assured pigs each week.
Source: RTT News
Danone has appointed Carla Hilhorst to the newly created position of senior vice president of research and innovation categories and zones, as the company looks to make science the heart of its business. Hilhorst, who brings over 30 years of experience in research and innovation, will report directly to Isabelle Esser, Danone’s chief research, innovation, quality and food safety officer.
The move, part of Pernod Ricard’s strategy to enhance its premiumisation efforts, will allow the company to focus more resources on its portfolio of premium international spirits and champagne brands that drive the growth of its business. This decision aligns with the company’s commitment to delivering sustainable value for shareholders, employees, clients and partners.
Schai – who is the current CEO of Swiss chocolate company Lindt & Sprüngli’s Australian operation – has previously worked with Aryzta from 2015-2018, where he served in roles including managing director for Asia Pacific and global strategic business lead (McDonald’s). The fast-food giant McDonald’s is one of Aryzta’s significant clients.
