Investment

The EU is funding a project to get the Kenyan cashew nut industry back on its feet. Pic: ©GettyImages/kolesnikovserg

EU helps Kenya revive cashew nut industry

By Gill Hyslop

The European Union (EU) is investing Ksh236m ($2.4m) to help Kenya revive its once thriving cashew nut industry that collapsed more than three decades ago.

Swiss-Irish baked goods company Aryzta has decreased its full-year guidance by 15%. Pic: ©iStock/Vicheslav

Bakery group Aryzta downgrades full-year guidance

By Gill Hyslop

Swiss bakery business Aryzta has downgraded its full-year 2018 EBITDA, previously projected to be ‘broadly in line’ with last year, but now expected to be around 15% lower.

Alliance Group, one of New Zealand's largest meat processors, said it could offer better prices to livestock farmers

Alliance Group doubles profit

By Aidan Fortune

New Zealand farmers’ co-operative Alliance Group has reported a doubling of operating profit last year.

HelloFresh still market leader but competition growing in meal kit delivery

Competition in meal kits heats up as Unilever enters fray

By Katy Askew

The European meal kits sector is a fast-paced environment and – like any high growth channel – it is attracting more competitors. The latest entrant is Anglo-Dutch consumer goods giant Unilever, it emerged yesterday (19 October).

Bakkavor wants to ‘accelerate’ in international markets

Bakkavor wants to ‘accelerate’ in international markets

By Katy Askew

Bakkavor, the leading UK fresh prepared food manufacturer, wants to “accelerate” its growth in “high potential” international markets like China and the US while continuing to benefit from category growth in the UK.

Quorn CEO talks growth, investment and innovation

Quorn CEO talks growth, investment and innovation

By Katy Askew

Quorn has been using a mix of R&D and marketing to ferment growth and capitalise on rising demand for meat-free products at home and overseas, CEO Kevin Brennan tells FoodNavigator.

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