La Doria acquires Clas, an Italian private label sauces company
La Doria, the investor-backed Italian food group, has acquired sauces and pesto business Clas. Majority-owned by a unit of private-equity firm InvestIndustrial since 2022, La...
Author : FAB Team
Extended recall of nut products due to cyanide risk prompts action
In the realm of food manufacturing, safety is of utmost importance. Leo’s Import Export & Trading Ltd recently faced a concerning issue regarding the recall...
Tate & Lyle sees positive beginning to fiscal year
Global food supplier Tate & Lyle Plc has recently published its trading update for the three months ending on 30th June 2024. The company reported...
Wells Enterprises increases stake in New York ice cream facility
Wells Enterprises, a US-based ice-cream maker, has upped its investment in expanding a production site in Dunkirk, New York. The initial investment of $250m has...
Prowrap Introduces Innovative Recycling Program to Address Foodservice Industry Waste
Prowrap has introduced an innovative plan to reduce waste in the foodservice industry with its groundbreaking dispenser recycling scheme. This scheme, in collaboration with distributor...
Investment firm Innovation Investment Capital invests millions in Transcend Packaging
In a recent investment round, Transcend, a key player in the food service and beverage sectors, has received additional equity from global corporations such as...
Ishida Enhances Pasta Packaging with Multihead Weighing Technology
Ishida’s innovative multihead weighing technology has significantly enhanced Swiss pasta manufacturer Pasta Premium’s ability to manage increasing sales volume and transition to sustainable paper bags....
Califia Farms acquires dispenser company, expanding footprint in foodservice industry.
Califia Farms, a US-based alternative dairy company, has acquired plant milk dispenser manufacturer Uproot to expand its presence in the foodservice industry. Uproot, established in...
Ferrero-Linked Company to Purchase Nonni’s Bakery, Based in the US
Ferrero, a renowned Italian chocolate company, is set to acquire US biscotti producer Nonni’s Bakery. The acquisition is being made by CTH Invest, and it...
Oatly’s North American earnings turn positive as they continue to make progress
Oatly, a Sweden-based alt-dairy business, has reported a narrowing of losses in the second quarter, signaling progress in its financial performance. CEO Jean-Christophe Flatin described...