Florida governor prohibits lab-grown meat in battle against “elitists”
Florida governor, Ron DeSantis, recently signed legislation that prohibits the sale of lab-grown meat in the state. In response to the ban, DeSantis stated, “we...
Category : Finance
New CEO appointed at Sanford seafood group
In a recent announcement, New Zealand-based seafood group Sanford has welcomed David Mair as its new CEO. The appointment of Mair comes as a significant...
Ventura Foods, a US foodservice supplier, to acquire fellow company DYMA Brands
Ventura Foods, a California-based manufacturer, has announced the acquisition of DYMA Brands, a fellow US foodservice supplier, for an undisclosed sum. This strategic move will...
Impossible Foods Contemplates Going Public or Being Sold Within Next Three Years
Impossible Foods, a US plant-based meat manufacturer, is exploring various options for its future, including a public offering, a sale to another company, or a...
Consolidating Hain Celestial Group’s Food Portfolio
US-based Hain Celestial Group has announced plans to simplify its food and drinks business range to drive future growth. The company will streamline its meal...
Katjes divests ownership in porridge business Haferkater, returns stake to original founders
German confectionery major Katjes Group has sold its 25% stake in local porridge business Haferkater back to the company’s founders. The sale has netted Katjes...
Dutch government considers introducing tax on sugary beverages
The Dutch government is considering revising its taxation of sugar in non-alcoholic beverages, including soy-based drinks, water, and dairy. Currently, a flat rate of €26.13...
Plukon Food Group Purchases Sambau, a Spanish Poultry Producer
Dutch poultry manufacturer Plukon Food Group has acquired Spanish poultry producer Sambau, enhancing its presence in the food and beverage industry. Financial details of the...
Wilde Brands, a US-based producer of high protein crisps, secures $20 million in funding.
Wilde Brands, a US-based manufacturer of high-protein crisps, has recently secured a $20 million investment to support its distribution efforts. This investment will be utilized...
Batista brothers’ return to JBS board sparks controversy
In a controversial move, scandal-hit Wesley and Joesley Batista have been elected to the board of Brazilian meat giant JBS, a decision criticized by advocacy...