Forward Consumer Partners Acquires Majority Ownership of Firehook Bakery
US private-equity firm Forward Consumer Partners has recently acquired a majority stake in Firehook Bakery, a local baker and cracker maker based in Virginia. Pierre...
Author : FAB Team
Jacob Vishof Paulsen discusses post-merger strategy for Novonesis F&B
Recently, Novonesis was established through the merger of Denmark’s Chr Hansen and Novozymes, creating a €3.7bn biosolutions powerhouse. The focus of Novonesis is to harness...
Mosa Meat secures €40 million funding to expand cultivated beef production
Mosa Meat, a company based in Maastricht, the Netherlands, has secured $40 million in funding to expand its cultivated beef production. The funds will be...
Investigation Launched into Mondelēz International
In 2021, the EU raised concerns about US company Mondelēz International allegedly blocking cross-border trade, opening an anti-trust investigation. The investigation is into whether the...
World’s First Alcohol-Free Bitcoin Beer Unveiled by Brulo
Brulo has recently unveiled the world’s first alcohol-free (AF) Bitcoin Beer to signal its embrace of a bitcoin strategy. The brewery has incorporated Bitcoin into...
Hochdorf streamlines business disposal strategy with sale of Swiss operations
Hochdorf, a player in the food and beverage industry, has shifted its focus towards selling its entire production business in Switzerland for baby food and...
French retailers are required to show information about ‘shrinkflation’
France’s Ministry of Economics, Finance, and Industrial and Digital Sovereignty has mandated that retailers in the country must now disclose which food and drink products...
PepsiCo accused by US unions for unfair labor practices
The Teamsters unions in the US have accused PepsiCo of unfair labor practices, claiming the company has “anti-worker policies” in place. Five unions in Illinois,...
Cambridge Packaging Company Unveils Groundbreaking Paper Bottle Machine
A groundbreaking paper bottle making machine is now operational at a packaging company in Cambridge, Ont, revolutionizing food and drink sustainable packaging. Kinsbrae Packaging President,...
Nestlé shareholders refuse proposal for healthier product initiatives at AGM
At the recent Annual General Meeting (AGM) of Nestlé, shareholders rejected a proposal to increase the quantity of healthier products in the company’s portfolio. The...