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6 days ago | 
just-food.com | Shivam Mishra
Indian food products company Britannia Industries has appointed Varun Berry as its new CEO. The appointment is in addition to Berry’s current roles as executive vice-chairman and managing director, the company said in a stock exchange filing. Berry succeeds Rajneet Kohli, who departed in March to join Hindustan Unilever as executive director of the foods business. He joined Britannia in 2013 as vice president and chief operating officer.
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6 days ago | 
just-food.com | Shivam Mishra
Japan’s Kameda Seika is selling one of its US subsidiaries, Mary’s Gone Crackers, to a unit of Canadian food manufacturer Dare Foods. The deal involves a debt-to-equity swap at Mary’s Gone Crackers before the shares are transferred to Rosseau Incorporated, Dare’s US arm. While the value of the transaction remains undisclosed, Kameda confirmed it represents less than 15% of its consolidated net assets.
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6 days ago | 
just-food.com | Shivam Mishra
Nomad Foods has lowered its full-year 2025 revenue and adjusted EBITDA guidance, citing macroeconomic uncertainty and other challenges. The UK-based frozen foods company expects organic revenue growth of 0%-2%, down from the previous forecast of 1%-3%. Adjusted EBITDA growth is also projected to slow to 0%-2%, compared with the earlier guidance of 2%-4%.
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6 days ago | 
just-drinks.com | Shivam Mishra
Chinese brewing major Tsingtao is set to diversify its portfolio by acquiring local grain-based winemaker Jimo Yellow Wine for 665m yuan ($92m). Under the terms of the deal, Tsingtao will purchase 45.45% equity from international trade company Hiking Group and 54.55% from its subsidiary Lujin Group.
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1 week ago | 
just-drinks.com | Shivam Mishra
JDE Peet’s has sold its tea business in Turkey to Efor Holding as part of the group’s efforts to “optimise resource allocation” and “simplify” operating models.
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1 week ago | 
just-food.com | Shivam Mishra
US manufacturer B&G Foods has lowered its forecasts on key sales and earnings metrics after seeing its top line slide by more than 10% in the first quarter. The company now expects net sales of between $1.86bn and $1.91bn this year, down from its earlier forecast of $1.89bn to $1.95bn. B&G Foods has changed its projection for adjusted EBITDA. It now sees that metric reaching $280m to $290m, compared to its previous forecast of $290m to $300m.
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1 week ago | 
just-drinks.com | Shivam Mishra
The Duckhorn Portfolio plans to focus its investment on a clutch of wineries and close some of its tasting rooms in a bid to “profitably scale”. The US luxury wine group said it will prioritise its spend on “four core wineries” – Duckhorn Vineyards, Kosta Browne, Decoy, and Sonoma-Cutrer, as well as the Goldeneye Calera, and Greenwing brands.
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1 week ago | 
just-drinks.com | Shivam Mishra
The Coca-Cola Company has agreed to revise the recycling-related claims displayed on its plastic bottles across Europe following a legal complaint. In 2023, a greenwashing complaint was filed by the European Consumer Organisation (BEUC) and its members from 13 countries, the European Commission said. The complaint at the time flagged “misleading” recyclability messages used by companies including Coca-Cola bottler Coca-Cola Hellenic Bottling Company, Danone and Nestlé.
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1 week ago | 
theaccountant-online.com | Shivam Mishra
The Pennsylvania Institute of Certified Public Accountants (PICPA) has appointed David Stonesifer as its new president. The appointment took effect on 6 May during the organisation’s 128th annual meeting in Philadelphia, US. Stonesifer, CEO of Herbein + Company, succeeds outgoing president Matthew Melinson. As president, Stonesifer will focus on strategic priorities, including talent pipeline development, technology adoption, and CPA advocacy.
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1 week ago | 
just-food.com | Shivam Mishra
Meat giant JBS has announced plans to invest 216m reais ($37.8m) in four Seara sites in south-eastern Brazil. The investment will focus on the “modernisation and expansion” of the facilities, creating 278 direct jobs, JBS said. The company markets chicken, pork, processed foods and plant-based protein products under the Seara brand.
