Acquisitive pet-food group The Nutriment Company has snapped up another UK business, buying cat-food supplier Purrform.

The future of Mighty Drinks has been secured by administrators with the dairy-free milk alternatives brand sold to The Mighty Kitchen.

Grupo Bimbo has lowered its full-year revenue guidance due to the impact of the strength in the local currency on its top-line growth.

Davis Polk & Wardwell ranked highest by deal value, while Kirkland & Ellis worked on the most transactions by volume.

Advocates of soil hydrogels say the emerging technology improves soil water retention and prevents desertification.

Swedish investment firm Fidelio is set to buy Nordic Capital’s majority stake in fresh-produce group Greenfood.

Bubs Australia has appointed its second CEO in almost two years, naming former Fonterra executive Joe Coote to head up the business.

Fortenova, the Croatian food, drinks group, has slashed its debt by more than a third since the restructuring of what was formerly Agrokor.

FrieslandCampina has warned profits are expected to come under pressure in the back half of the year due to external factors.

US alt-meat business Beyond Meat is to cut jobs in its home market and the EU – and suspend its operation in China.

Pilgrim’s Pride, the US meat business majority owned by Brazil’s JBS, is investing $400m in a new manufacturing plant.

India's Milky Mist Dairy Food is looking to raise up to Rs20.35bn ($234.7m) through an initial public offering of shares.