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

The published details of the new trade deal between EU and Ukraine have drawn criticism from a group of industry associations.

Australia’s Bega Group is to close its peanut processing arm, the Peanut Company of Australia (PCA). The decision will result in a phased shutdown of PCA’s facilities in Kingaroy and Tolga in ...

Danish seafood company Espersen is to close its UK fish-processing facility in Grimsby, resulting in the loss of 115 jobs.

Hershey has named former PepsiCo executive Kirk Tanner as its president and CEO to succeed Michele Buck, who had previously announced her intention to retire in June next year.