Magnum Ice Cream Pursues Volume-Driven “Competitive Growth” Strategy
The CEO of the Magnum Ice Cream Company (TMICC) has highlighted a key focus on enhancing volume and achieving “competitive growth” in its inaugural year...
Category : Finance
JM Smucker Eliminates COO Position Amid Leadership Restructuring
JM Smucker is restructuring by eliminating its COO position as part of significant leadership changes within the U.S. food and beverage company. On February 10,...
Eshbal Secures Partnership with Dare To Be Different Foods
Israel’s Eshbal Functional Food has finalized the acquisition of a 55% interest in the U.S. low-carb and gluten-free brand, Dare to Be Different Foods (D2BD)....
Marico Acquires Majority Stake in Protein Products Company Cosmix
Marico has strengthened its position in the food and beverage industry by acquiring a 60% stake in the Indian protein-products company, Cosmix Wellness. The Rs...
THG’s Myprotein Aims at GLP-1 Users through Greencore Licensing Agreement
THG has secured a licensing agreement for its Myprotein brand with manufacturing group Greencore, strategically aiming to cater to consumers utilizing GLP-1 weight-loss injections. As...
Former Impossible Foods CEO McGuinness Takes Role at Cheese Giant Bel
Bel Group has appointed Peter McGuinness, the former chief executive of Impossible Foods, to lead its North America operations. As the new CEO of Bel...
Furlani Foods Acquired by New Private Equity Firm
Canada-based baked goods company Furlani Foods has a new private-equity owner. Arbor Investments has acquired the business from US-based Entrepreneurial Equity Partners for an undisclosed...
Eshbal Secures Agreement for Gluten Free Nation Assets on Second Try
Israel’s Eshbal Functional Foods has successfully acquired the assets of US-based Gluten Free Nation after a previous deal fell through last year. This acquisition aligns...
JBS Employees Approve Strike Action at U.S. Meat Processing Facility
Unionized Employees at JBS Meatpacking Plant Vote for Strke Action Unionized workers at a JBS meatpacking facility in Greeley, Colorado, have overwhelmingly voted in favor...
Refresco Acquires SunOpta to Enhance Plant-Based Offerings
Refresco has made a strategic move by acquiring US food-and-beverage group SunOpta, aiming to strengthen its position in the plant-based drinks market. This acquisition aligns...