Cacique Foods, a US-based maker of Hispanic products, has appointed former Mondelez and Danone executive Pedro Silveira as its new CEO.

Israel’s Eshbal Functional Food is on the cusp of striking another acquisition after signing a letter of intent to buy Gluten Free Nation.

Up to 250 jobs are to be cut at the bakery firm’s Cheshire site following a factory fire that caused “significant” economic challenges.