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Diageo has revealed plans to implement a $500m cost savings programme over three years, to enable reinvestment in future growth and ‘improved operating leverage’.
Chobani acquires plant-based frozen smoothies and meals start-up Daily Harvest
Dairy giant Chobani has announced its acquisition of Daily Harvest, a plant-based start-up that delivers a range of frozen ready meals, smoothies, snacks and protein products.
Danone to buy majority stake in plant-based nutrition brand Kate Farms
Danone has entered into a definitive agreement to acquire a majority stake in Kate Farms, a US plant-based and organic nutrition brand, for an undisclosed sum.