Cal-Maine Foods acquires egg production assets from ISE America
Cal-Maine Foods, a US-based egg supplier, has recently completed the acquisition of assets from local peer ISE America for approximately $110 million. This strategic purchase...
Author : FAB Team
Europastry delays IPO plans due to market “volatility”
Europastry, a Spain-based frozen bakery business, has postponed its planned public listing due to market volatility. The company announced its intention for an initial public...
McCormick aims to double down on innovation in efforts to recover volume
McCormick & Co. is set to prioritize innovation as a means to drive volumes, as CEO Brendan Foley recently emphasized the importance of innovation in...
Diageo Trio Strikes the Right Chord
Diageo’s Cocktail Collection has quickly risen to the top of the ready-to-serve (RTD) category in Great Britain, according to Nielsen Scantrack data. Within just four...
France’s Onoré expands its mergers and acquisitions activities with a new mochi deal
France-based food group Onoré has acquired another business, adding local firm So Mochi to its portfolio. So Mochi, based in La Ciotat in southern France,...
France’s Fleury Michon divests from Spanish venture
French agri-food company, Fleury Michon, has divested its stake in Spain venture Platos Tradicionales for €68m ($73m). Familia MartÃnez, Fleury Michon’s partner since 2006 in...
Buyers Settle with StarKist Over Tuna Price-Fixing Allegations
StarKist, along with its South Korean parent company, Dongwon Industries, and Lion Capital, the former owner of Bumble Bee Foods, have settled a civil lawsuit...
First of Its Kind Electrolyte Rehydration Beverage Released by Punchy
Punchy, a company known for its innovative beverages, is making a splash in the hydration market with the introduction of two new canned hydration drinks....
Wales Food and Drink to Hold Conference on Sustainable Practices
Wales is set to host its inaugural food and drink sustainability conference on Wednesday, July 3rd at the All Nations Centre in Cardiff. This event...
Ball Corporation and CavinKare Collaborate to Launch Retort Aluminum Cans for Milkshakes
In a significant development for the dairy packaging industry, Ball Corporation, a global leader in sustainable packaging, has partnered with CavinKare, a pioneering dairy company,...