CMA Proposes Equal Regulations for Aldi and Lidl with Major Supermarkets
After conducting a review, the CMA has tentatively concluded that Aldi, Lidl GB, and Lidl NI should adhere to regulations established in the Groceries Market...
Author : FAB Team
Nichols Acquires Functional Soft Drink Brand VitHit for £64 Million.
Nichols has expanded its portfolio by acquiring VitHit for €75 million in cash, approximately £64 million. VitHit is engaged in three main segments: still beverages...
ABB and LevelTen Energy Forge Partnership to Accelerate Clean Energy Transition
ABB has entered into a strategic collaboration with LevelTen Energy, making a minority investment in the clean energy marketplace. This partnership aims to enhance renewable...
France’s Haudecoeur Expands with Two Strategic Acquisitions in Food Distribution
Haudecoeur, a French food distributor supported by the private equity firm Apheon, has successfully completed the acquisition of Natur Food, a wholesaler specialising in Turkish...
Diageo Reconfirms Job Cut Plans as Guinness Production Set to Nearly Double
Recently, newly appointed CEO Dave Lewis, often referred to as ‘Drastic Dave’ for his sometimes aggressive business strategies, has unveiled intentions to significantly boost production...
Innovative Ice Pack Solutions for Today’s Cold Chain
Hydropac is poised to revolutionize cold-chain packaging with the introduction of HydroPure, a water-based ice pack that visibly turns white when fully frozen, providing fulfillment...
Vandemoortele Acquires US Bakery Banneton in Full Takeover
Belgium’s Vandemoortele has acquired full ownership of US-based bakery counterpart Banneton, securing the remaining shares in the company. The financial specifics of this acquisition remain...
UK Drought May Lead to £390 Million Revenue Loss for Farmers
According to the Energy and Climate Intelligence Unit (ECIU), the usual earnings of arable farmers could decline by as much as £390 million. The ECIU...
Noble Foods Sells Egg Packaging Facility
Commercial real estate agency CBRE has successfully facilitated the sale of a 115,000 square foot industrial property on behalf of Noble Foods. This previous egg...
ABP Food Group Acquires UK Red Meats Supplier Dovecote Park
Ireland’s ABP Food Group has recently increased its stake in UK-based Dovecote Park, a supplier known for its beef and venison offerings. The acquisition involved...