French cheese-maker Fromagerie E. Graindorge has been bought over by Lactalis, which will increase its Normandy protected-designation-of-origin (DPO) product portfolio through the acquisition.
Graindorge, which has a workforce of 250, has an annual turnover of about €50 million, and is supplied by 116 dairy farmers.
Lactalis told Just-Food.com, “Lactalis already produces the cheeses in which Graindorge specialises so purchasing the company strengthens our in position in this part of the market.
“The deal reflects how important we view the development of PDO cheeses.”
Graindorge, in a statement directed to its dairy farmers, said, “I have chosen Lactalis in order to ensure the autonomy of the group, maintain its identity and safeguard all of the current workforce. There’s a clause in the sale agreement which stipulates that there will be no redundancies.”
Source: European Supermarket Magazine
Schumacher will replace Alan Jope, who announced his decision to retire last September, less than a year after a failed attempt by Unilever to buy GlaxoSmithKline’s consumer healthcare business and just months after activist investor Nelson Peltz joined the company’s board.
Globally, plant-based ice creams have doubled their share of the market over the last five years, according to Tetra Pack. Pea protein and coconut milk are leading the way, but Tetra Pak cites data showing that oat-based ice cream launches have doubled in the previous year.
A myriad of so-called eco-labels are being rolled out across various F&B products, but with no gold standard or strict rules governing precisely what the logos mean and what methodology is behind them, concerns are growing that they will confuse consumers and ultimately be counterproductive.
