FrieslandCampina takes majority stake in Indonesia peer Ultrajaya Milk
Dutch dairy business FrieslandCampina is taking a majority stake in Indonesian peer PT Ultrajaya Milk Industry. FrieslandCampina described the deal…
All articles by Simon Harvey
Simon Harvey
Simon has been writing about the food industry with Just Food since 2017. Prior to that, he was a financial news editor at Bloomberg and Dow Jones for around 17 years, working out of bureaus in London, Singapore and Malaysia.
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Diageo brings in former Britvic, Tesco executive Joanne Wilson as CFO
Diageo has named former Tesco executive Joanne Wilson as CFO of the drinks giant, replacing the outgoing Nik Jhangiani. Jhangiani’s…
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Nestlé’s Russia destiny looks doomed with “sizeable” revenue hit on exit
It’s highly plausible Nestlé will have to write-off assets in Russia following the Kremlin’s seizure of its operations, with an…
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Hain Celestial maps margin uptick on road to profitability
Hain Celestial has charted a course to boost margins amid the company's focus on North America as CEO Alison Lewis…
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Hain Celestial sells “international” assets to private-equity investor
Long-running speculation over the future of Hain Celestial’s business in Europe has finally come to a head with the disposal…
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NotCo sells Brazil assets in wake of Argentina, Uruguay disposals
NotCo, the Chilean plant-based business set up more than a decade ago, has sold another asset in South America. Co-founded…
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Unions ready strike action at Diageo’s Cameronbridge distillery
Diageo workers at a Scotland distillery have voted to strike, with unions accusing the drinks giant of not consulting staff…
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Nestlé CFO exudes confidence on targets with bolt-on deals on horizon
Nestlé’s pet care and coffee businesses are delivering on or above-target growth, with the rest of the portfolio playing catch-up…
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BellRing Brands poised for price increases
BellRing Brands plans to raise prices again on protein powders and shakes to recover inflationary costs. Talking through the third-quarter…
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“It’s now all about consistent execution” – Nestlé H1 takeaways as CEO Philipp Navratil guns for 3-4% growth
Nestlé has strengthened its organic growth guidance but there’s some catch-up work to do in some categories that are off…