Toronto-based contract drinks packager Joriki owes over C$203m ($142m) to over 100 creditors, according to documents seen by Just Food.

Lifeway Foods has maintained the shareholder agreement the company has with investor – and suitor – Danone is “invalid”.

Advent International has signed a definitive agreement to acquire Sauer Brands, the owner of Duke's Mayo, from Falfurrias Capital Partners.