Kerry to Divest Consumer Business to Kerry Co-Operative Creameries
Kerry Group has finalized a deal to divest its consumer dairy and ingredients businesses, amounting to a total value of €500 million ($531 million), to...
Author : FAB Team
Del Monte Launches Exciting New Range of Dried Fruit Snacks
Del Monte has officially launched an exciting new range of dried fruit snacks in the UK, enhancing its product lineup. Produced in collaboration with supplier...
Tackling the 3.2 Billion Paper Cup Challenge: Reconomy and Valpak Partner with Footprint Intelligence to Revolutionize Recycling Efforts
Reconomy, a leader in the global circular economy sector, alongside its esteemed UK brand, Valpak, has introduced a comprehensive report in collaboration with Footprint Intelligence....
Unigrains Acquires Stake in French Poultry Company Savel Group
France-based agri-food investor Unigrains has acquired a minority stake in the family-owned poultry specialist Savel Group. This investment was made in conjunction with another local...
Brevel Finalizes Contracts and Completes Construction of Microalgae Facility
Microalgae protein innovator Brevel has successfully completed the construction of its first-of-a-kind (FOAK) proprietary microalgae protein facility, securing two commercial agreements with leading food and...
Sainsbury’s Announces Robust Growth in Grocery Volume
Sainsbury’s, a leading UK retailer, has unveiled its interim results for the 28 weeks ending on 14th September 2024. The report highlights “strong grocery market...
Quorn Experiences Ongoing Sales Decline Amid Monde Nissin’s Restructuring Plans
Monde Nissin has reported a reduction in losses but continues to experience declining sales within its meat-alternatives division. The owner of Quorn is actively planning...
Aloe Vera Ban on Food Preparations Lifted
The EU General Court has annulled a European Commission ban on aloe vera preparations utilized in food, marking a significant victory in a drawn-out legal...
Belfast’s Cocktail Keg Company Raises £1.2 Million Investment to Fuel Business Growth
The Belfast-based Cocktail Keg Company (CKC), renowned for producing the world’s only freshly batched cocktails, has successfully secured £1.2 million in funding. This investment, sourced...
€500 Million Acquisition of Kerry Dairy Ireland by Kerry Co-Operative Creameries
Kerry Group plc has announced a significant agreement with Kerry Co-Operative Creameries Limited to sell Kerry Dairy Holdings (Ireland) Limited. The total expected consideration for...