A press release sent to us from Upfield last week explained that Flora Buttery will no longer be vegan, with the reason cited being that a significant number of consumers missed the familiar taste of buttermilk in Flora Buttery. In the meantime, vegans in the UK have reacted angrily and are petitioning against the move.
Bunge Agrees to Sell European Margarines and Spreads Business to Vandemoortele
Global agribusiness and food company Bunge has announced an agreement to sell its European margarines and spreads business to Vandemoortele, a family-owned food group in Europe with a strong presence in margarines and plant-based fats. Through the agreement, Vandemoortele expects to acquire Bunge’s margarines and spreads business in Germany, Finland, Poland, and Hungary, along with its related manufacturing sites and a portfolio of 20 consumer brands. Bunge’s Margarines & Spreads activities in Europe represent a turnover of over €450 million and employ more than 800 people. Vandemoortele says the acquisition reinforces the commitment of its Plant-Based Food Solutions business line to supporting the European food sector’s transition to sustainable plant-based foods. The company hopes to be a frontrunner in plant-based cheese, creams, sauces, and dressings, …
