Ferrero has confirmed the confectionery giant has entered an agreement with WK Kellogg to acquire the US cereals business for $3.1bn.

Reports suggest confectionery giant Ferrero is on the cusp of acquiring the North American breakfast cereals business WK Kellogg for $3bn.

According to GlobalData senior consumer analyst Hannah Cleland, Gen Z consumers in Indonesia are not only looking for minimally processed food with recognisable ingredients and low calorie counts but ...

Spain-based bakery giant Europastry has acquired 60% of Thailand’s baking company, Art of Baking, to grow its presence in South East Asia.

Monogram Capital Partners has re-acquired Western Smokehouse Partners, a US-based meat-snacks maker, from AUA Private Equity.

Italy-based NewPrinces has struck a deal to buy a clutch of brands from US food giant Kraft Heinz for €120m ($140m).