Dutch dairy cooperative FrieslandCampina says that its research has revealed ways to raise efficiency and reduce costs at its production locations in Lochem and Veghel.
> Read the full story on the Dairy Reporter website
By Jim Cornall
Source: Dairy Reporter
The owner of Philadelphia cream cheese and Heinz Ketchup had predicted flat-to-positive organic net sales growth, but today it reported 2.5% organic growth for the quarter.
The deal will see OFI’s wholly-owned subsidiary, Olam Holdings, acquire the US spice group from private equity firm Kainos Capital and Olde Thompson’s management shareholders.
Nestlé has agreed to acquire core vitamin and supplement brands of The Bountiful Company from investment firm KKR for $5.75 billion, as it looks to expand its health and nutrition portfolio.