LT Foods buys back Daawat Foods stake from Salic in Saudi Arabia deal
LT Foods has entered a supply agreement with Saudi Arabia’s state agricultural fund Salic, with shares changing hands between the parties.
Source: just-food.com
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Why UK snack makers are persisting with non-HFSS drive
Recent developments in the UK have caused questions about whether manufacturers should put resources into a non-HFSS product strategy.
Source: just-food.com
Bakkavor blames economic climate for plant closures
UK private-label manufacturer Bakkavor is proposing to shutter two of its plants in England, it has announced.
Source: just-food.com
UK grocery inflation hits record 14.7% in October
UK grocery inflation hit another record in October, soaring to 14.7%, and households face a GBP643 jump in annual grocery costs, data shows.
Source: just-food.com
Hershey to test treats resilience with further price increases
Consumers of Hershey confectionery can expect continued price increases into next year with input costs to remain in high single digits.
Source: just-food.com