Midsona Appoints Henrik Hjalmarsson as New CEO and President
Swedish food company Midsona has named Henrik Hjalmarsson as its new CEO and president, taking over from Peter Åsberg. Hjalmarsson’s tenure will officially begin “no...
Category : Finance
Oetker Revamps Leadership with New Heads for Food and Beverage Divisions
The Oetker Group, a collection of family-owned enterprises, is currently undergoing significant management changes that will result in new leadership for its food and beverage...
Yeo Valley Expands UK Dairy Portfolio with Acquisition of The Collective Brand
UK dairy company Yeo Valley Production has officially announced its acquisition of Epicurean Dairy (UK) along with The Collective brand. While the financial specifics of...
Sill Enterprises Purchases French Skyr Producer Puffy’s
French food and drink group Sill Entreprises has made a strategic move by acquiring Lyon-based skyr producer Puffy’s for an undisclosed sum. This acquisition positions...
HKFoods to Shut Down Paimio Slaughterhouse Due to Decrease in Cattle Numbers
Finnish meat processor HKFoods is set to close its local slaughterhouse in Paimio in response to a decline in cattle numbers. As a leading player...
Sale Agreement Reached to Rescue Seven Bakery Locations
Oddie’s Bakery faced significant challenges earlier this year, leading to its closure in January after it failed to secure a crucial rescue deal for its...
UK Tempeh Brand Secures £1.1 Million Funding Boost
The latest funding round was spearheaded by Maven Capital Partners, utilizing resources from its Northern Powerhouse Investment Fund II, with additional backing from the British...
Nomad Foods Optimistic About Growth Driven by Innovation
Nomad Foods has updated its organic growth forecast for 2025, highlighting an optimistic outlook driven by innovation, increased promotional spending, and potential mergers and acquisitions...
Danish Fund Acquires Majority Stake in Ice Cream Brand Hansens Is
Danish investment firm Den Sociale Kapitalfond has acquired a 60% stake in the local, family-owned ice cream producer, Hansens Is, for an undisclosed sum. The...
Evertis, Leading Global Supplier of PET Multilayer Films, Announces $100 Million Investment for New US Production Facility
Evertis, the world’s largest supplier of PET multilayer film for the food and drink packaging sector, has announced plans to establish a state-of-the-art production plant...