Ferrero under EU Antitrust scrutiny amid potential single market concerns
Ferrero today (15 April) confirmed the privately owned food giant is the subject of anti-trust inspections by the European Commission. On Monday, Brussels announced it had carried out “anti-trust” inspections at the premises of an unidentified chocolate company in two EU member states. The Commission to confirm the identity of the company concerned and its […]
Nestlé and Ankerkraut agree on the return of the brand to the founder’s hands
Nestlé is transferring its shares in Ankerkraut back to the founders of the spice company. The agreement with the founders, Anne and Stefan Lemcke, is based on a common understanding of Ankerkraut’s future needs and positioning. In view of the changed market situation, both sides are convinced that this decision gives the brand additional entrepreneurial […]
Ladakhi apricots get global push with 1000 MT export deal
The unique Ladakhi Apricots, famous for their exceptionally rich sweetness and flavour, are all set to make a grand foray in the global markets this season. Consequent to a major push by Hon’ble Lieutenant Governor, Shri Vinai Kumar Saxena, for promoting the branding and export of Ladakh’s GI-tagged “Raktsey Karpo” apricot variety, as well as […]
