Marks & Spencer Allocates £340 Million for High-Tech Distribution Center Expansion
Marks & Spencer has made a landmark investment, the largest in its 141-year history, as part of its strategy to double the size of its...
Author : FAB Team
McCormick Acquires Majority Stake in Herdez Joint Venture in Mexico
McCormick & Co. is set to invest $750 million to increase its stake in the U.S. group’s joint venture in Mexico with Grupo Herdez. Originally...
Baby Food Producers Receive 18-Month Deadline to Reduce Sugar and Salt Content
As part of its 10-Year Health Plan, the UK government has introduced new guidelines for baby food producers. These guidelines aim to challenge manufacturers to...
Ezdehar Management Purchases Egyptian Snack Company Kemet
Ezdehar Management has acquired a majority stake in Egypt-based snack manufacturer Kemet for an undisclosed sum. This strategic partnership comes at a “pivotal moment” for...
Extraction Technology Eliminates ‘Bitter Taste’ from Stevia
Phytonext asserts that its innovative extraction technology effectively removes “bitterness” from stevia in just one step. Stevia leaves naturally contain sweeteners that are 100 to...
Wedderspoon Organic’s Florenz Secures Acquisition of Comvita
New Zealand’s Comvita has entered into a takeover agreement with fellow Mānuka honey producer Florenz. Florenz, known for its Wedderspoon Organic brand, has proposed a...
A2 Milk Purchases Yashili New Zealand Dairy from Chinese Stakeholders
A2 Milk Co. is expanding its footprint in food manufacturing by acquiring an infant formula business in New Zealand. The company plans to invest NZ$100m...
Mars to Remove Artificial Colors from M&M’s, Skittles, and Starburst by 2026
Mars, Inc. has officially announced plans to reformulate some of its iconic brands, including M&Ms, Skittles, and Starburst, by 2026. This pivotal change will involve...
DB Food Group Acquired by UK Retail Company
With an impressive turnover of £122 million, DB Food Group operates a distribution depot in Dorset and a processing facility in Poole. This strategic positioning...
Premier Foods Set to Acquire Merchant Gourmet for £48 Million
Premier Foods has announced a decisive deal to acquire 100% of Merchant Gourmet’s shares on a cash and debt-free basis, with the transaction slated for...