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.