Atlantic Grupa sales down, profits up in Q1 Fri, 28 Apr 2017 11:16:00 GMT Source: just-food.com Atlantic Grupa has booked higher first-quarter earnings but saw its sales fall in the first three months of the year due to a slump in sales of sports nutrition and functional food products, the Croatia-based food and beverage company's largest division.
Food market news of the week - Tyson Foods' one-two, Nestle to cut UK jobs, Emmi's signal of confidence in Brazil, Fri, 28 Apr 2017 17:55:00 GMT Source: just-food.com Tyson Foods, the US-based meat giant and one of the world's largest food makers, this week announced two more steps in its strategy to focus on value-added protein, including a US$4.2bn deal to buy US burgers-to-sandwiches supplier AdvancePierre Foods Holdings. Nestle announced plans to cut almost 300 jobs in the UK, provoking the anger of unions. And Switzerland-based dairy business Emmi announced a move to boost its presence in Brazil with the acquisition of a minority stake in local group Latic?nios Porto Alegre Ind?stria e Com?rcio.
Agrokor investigating "potential errors" in accounts Fri, 28 Apr 2017 12:57:00 GMT Source: just-food.com The restructuring team appointed to run Croatia's indebted food manufacturer and retailer?Agrokor?has said it investigating "potential errors" in the group's accounts.
Young's Seafood silent on 'interest in Icelandic Seachill' Fri, 28 Apr 2017 11:37:00 GMT Source: just-food.com Young's Seafood has declined to comment on a report?it could be among potential suitors casting their nets to acquire the UK-based Icelandic Seachill, owner of The Saucy Fish Co. brand.
Thailand to restrict baby food marketing Fri, 28 Apr 2017 13:32:00 GMT Source: just-food.com Thailand is set to introduce new laws to control marketing and promotions used for infant and toddler food.