Danone UK & Ireland has acquired B Corp certification, claiming to be the first combined food and healthcare manufacturer in the UK and Ireland to do so, following accreditation of its Specialised Nutrition business.
Nestlé has agreed to acquire The Bountiful Company’s core health and nutrition brands in a deal worth $5.75bn (£4.09bn), while confirming hundreds of job cuts across its KitKat and Fruit Pastilles factories.
Food manufacturers must quickly adapt to the Government’s plans to curb childhood obesity or risk being forced to by their investors and stakeholders, according to a report from investment charity Share Action.
Food manufacturers have been accused of perpetuating the demand for highly processed foods while being “reluctant and slow to act” on reformulating products.