Snacks major Shearer’s Foods sold

Nestlé boost for Fonterra farmers, EU trade group's pricing ire

Forward this email  |  View in browser JustFood In Brief December 14, 2023 SPOTLIGHT READ Investor CD&R inks deal to acquire US snacks major Shearer's Foods Earlier reports had speculated a deal for Shearer's could be worth $3bn. Answer our poll question LATEST NEWS Nestlé to make extra sustainability payments to Fonterra farmers A partnership between the businesses involves multiple projects linked to sustainability goals.   EU retail trade group files complaint against French pricing legislation The French law has been critiqued as a "violation of EU rules on choice of law and free movement".   PE-backed Thrive Foods acquires pet-food business Canature The acquisition marks the third deal for Thrive Foods since the original merger of Thrive Foods and Mercer Foods in December 2021.   The road to lab-grown meat's mass commercialisation remains a long one Waning investor appetite and geopolitical instability could hamper efforts to commercialise the products on a wider scale.   Pastificio Rana signs deal with Italian business ministry to fund production This latest investment will also involve moving Rana's ready meals production away from Nivelles in Belgium to its Moretta factory in Piedmont.   Plant-based cheese maker Honestly Tasty eyes UK expansion after exceeding fundraising goal Just Food talked to Mike Moore CEO about the company's goals, which include expanding in foodservice in the UK, launching a new plant-based mozzarella and securing contracts in European countries.   Cal-Maine halts egg production at plant as bird flu breaks out Around 684,000 laying hens have tested positive for the "highly pathogenic" bird flu strain HPAI. Read more news IN-DEPTH READ Viewing the world's data by themes makes it simpler to make crucial choices and predictions   GlobalData's latest thematic report will help you to understand and identify the important themes that threaten to disrupt your business in 2024. Our 2024 theme map covers not only disruptive tech themes but also ESG, macroeconomic, and regulatory themes. Reading this report is the first step towards making better business decisions in 2024. Buy report MORE FOR YOU Explore our marketing solutions   Merging industry-leading business intelligence & award-winning journalism, this is an unrivalled opportunity for engagement with B2B professionals across a network of 40+ leading media websites.    Request a demo Just Food Digital Magazine   Issue 54 | December 2023   In this issue: Cell-meat's growth pains / The consumer in 2024 / COP28 preview – and more Read the magazine Click below to view more from across the network: Verdict Foodservice   |   Just Drinks   |   Packaging Gateway   Was this email forwarded to you? Sign up here.   Please send any news or comments to: foodeditor@aroq.com   GlobalData   At GlobalData we have a proven track record in helping thousands of companies, government organizations, and industry professionals benefit from faster, more informed decisions. You can update your communication preferences to make sure you receive the right information for you.    GlobalData, John Carpenter House | Registered in England No. 03925319, John Carpenter Street, London, EC4Y 0AN, United Kingdom London  Unsubscribe  |   Manage Preferences