Frozen Food

Iceland Mat Declared Bankrupt With Debt Of NOK 32.4m: Report

Iceland Mat has decided to call for tenders after the company was declared bankrupt on 11 October, according to media reports.

Zouari Family Set To Take Full Ownership Of Picard Surgelés

French frozen food retailer Picard Surgelés is set to be completely acquired by the Zouari family, who currently hold a 49% stake in the business.

Frozen Foods Supplier Lamb Weston Cuts Annual Profit Forecast On Soft Demand

Lamb Weston cut its annual profit forecast as the frozen foods supplier lowered prices of its products in the international markets to gain market share am...

German Frozen Food Market Sees Continued Growth in 2024

The frozen food market in Germany will grow 2.5% in volume to 4.145 million tons in 2024, while total turnover will increase by 9.6% to €23 billion, a...

Jif Peanut Butter Maker JM Smucker Cuts Annual Forecasts On Slowing Demand

Jif peanut butter maker J.M. Smucker cut annual sales and profit forecasts, hurt by cost-conscious consumers switching to lower-priced alternatives amid st...