Fuel Hub Boosts Revenue by 90% Year-Over-Year
Following a remarkable growth trajectory in 2024, marked by a steady 9% month-on-month increase in customer acquisition, Fuel Hub is anticipated to achieve a turnover...
Author : FAB Team
Legacy Bakehouse Acquires Classic Cookie
Legacy Bakehouse, a prominent US-based contract and private-label manufacturer, has successfully acquired Classic Cookie. This strategic move marks its entry into the sweet snacks segment....
NotCo’s Plant-Based Partnership with Kraft Heinz Encounters Challenges
NotCo, a pioneering plant-based start-up from Chile, has announced a delay in its timeline for achieving group-wide profitability, which has been pushed back from this...
ITC India Secures Deal for Prasuma
Indian conglomerate ITC has announced its strategic acquisition of Prasuma, aiming to strengthen its presence in the frozen, chilled, and ready-to-cook food manufacturing sectors. In...
Scandi Standard Acquires Tyson Foods’ Dutch Operations
Poultry group Scandi Standard has acquired a set of manufacturing assets from Tyson Foods in the Netherlands. Based in Sweden, Scandi Standard confirmed that the...
JM Smucker to Sell Select Sweet Baked Snack Brands to JTM
In a significant business move, JM Smucker has successfully sold its Cloverhill and Big Texas brands to the U.S.-based JTM Foods for an estimated $40...
PepsiCo Remains Committed to Long-Term Growth Goals
PepsiCo remains committed to its long-term organic growth target, despite a challenging outlook for 2024, focusing on better-for-you options in both snacks and beverages. Chairman...
Australia’s Regulator Rejects Authorization for Infant Formula Advertising Code
The Australian Competition and Consumer Commission (ACCC) has recently rejected a request from a local trade body to sanction an industry code aimed at limiting...
Ex-Co-op Food Chief to Join Asda
Jo Whitfield will soon join Asda as a non-executive director. She brings extensive experience from her eight years at Asda between 2008 and 2016, where...
Maggie Beer Restructures Leadership by Removing COO and CFO Positions
Maggie Beer Holdings has announced the elimination of the joint interim group COO and CFO positions as part of an ongoing “strategic review” aimed at...