SalMar Acquires Salmon Farming Company Wilsgård Complete Acquisition
Salmon producer SalMar has finalized a deal to acquire the remaining shares in Wilsgård. This merger values the Norwegian aquaculture company at NKr1.76bn ($168.8m). Already...
Author : FAB Team
Brownes Dairy in Australia Now Available for Sale
Australia’s Brownes Dairy is currently up for sale, according to confirmation from the restructuring advisory firm appointed to oversee the process. McGrathNicol Restructuring has been...
Berry Global Highlights Innovative Seafood Packaging Solutions at Seafood Expo Global
Berry Global will proudly present its comprehensive array of premium-quality fish packaging solutions, meticulously designed to address the specific needs of the seafood industry, at...
FDA Halts Milk Testing Program Amid Staff Reductions
The US Food and Drug Administration (FDA) has temporarily suspended its quality control programme for fresh milk and other dairy products. This suspension arises from...
Bel and Standing Ovation Transform the Valorization of Dairy Co-Products
The introduction of an innovative precision fermentation process transforming dairy effluents like whey into casein proteins represents a major technological advancement in food manufacturing. This...
BRF to Allocate $160 Million for Saudi Arabian Facility Investment
Brazilian meat company BRF has announced a significant investment, allocating around $160 million for a new factory in Jeddah, Saudi Arabia. According to a recent...
Nestlé and OFI Forge Global Partnership
Nestlé, a leader in the food and beverage industry, has announced a strategic partnership with Olam Food Ingredients (OFI) to significantly reduce carbon emissions and...
Cardiff Introduces Groundbreaking AI-Powered Initiative for Paper Cup Recycling
Innovative AI technology is equipping consumers in Cardiff to combat paper cup waste effectively. This ambitious three-month trial, initiated by the National Cup Recycling Scheme,...
Lantmännen Raises Investment in SimSuFoodS
Swedish agri-food group Lantmännen has significantly increased its investment in the local company SimSuFoodS, now acquiring a majority shareholding in the food and drink business....
Itochu Sells C.P. Pokphand Stake to Charoen Pokphand Group
Thailand’s food giant, Charoen Pokphand Group, is set to acquire the remaining shares in C.P. Pokphand, positioning itself as the sole owner of the livestock,...