Kerry Group plc has entered an agreement with Kraft Heinz to acquire its B2B powdered cheese business and related assets for USD 107.5 million. As a result of this acquisition, Kerry is expected to increase its scale, manufacturing capability, and customer base in the snacking category.
Fonterra Co-operative Group Limited has welcomed the Milk-E, New Zealand's first ever electric milk tanker. Fonterra's Milk-E program is one of a number of programs supporting the Co-op's efforts toward being a leader in sustainability through fleet decarbonization.
Author Credits: Smruti Ranjan, Rajrani Baghel