B&G Foods looks likely to offload the remaining Green Giant business as it cut sales and EBITDA guidance to reflect two other disposals.

Foster Clark Products has acquired Preziosi Food from a group of investors including private-equity firm Vertis SGR.

THG has entered a licensing partnership with SG Safety Corp to expand the reach of its Myprotein online sports nutrition brand in South Korea.

Italian private equity investor Aksìa is to acquire a majority stake in bakery products producer Fornaio del Casale.

US food and beverage group Rich Products has invested in UK cookie dough producer Doughlicious as part of a $5m funding round.