Samworth Brothers acquires remaining shares of Real Wrap Company
The UK food manufacturer Samworth Brothers has acquired the remaining shares in ready-made sandwiches and wraps producer Real Wrap Company. This strategic move aims to...
Category : Finance
Finland’s Fazer criticizes government proposal to increase VAT on confectionery
In the food and beverage industry, Finland’s Fazer Group has expressed concerns over a government proposal to raise VAT on confectionery products. The company, known...
The European Union plans to impose fines on Mondelez for limiting cross-border trade.
The EU Commission is reportedly preparing to impose fines on Mondelez International for allegedly restricting the sale of its products within the bloc’s member states....
Emmi Purchases Controlling Stake in Brazilian Dairy Company Verde Campo
Emmi, a Swiss dairy group, has further expanded its presence in the food and beverage industry by acquiring a majority stake in Verde Campo, a...
Greenyard introduces premium plant-based ice cream flavor, Crème de la Crème
In a recent development, Greenyard has acquired Crème de la Crème, a plant-based ice-cream brand, expanding its presence in the food and beverage industry. This...
Brazilian meat giant JBS to increase beef production at Brazil facility following approval from China for exports.
In a significant move, meat giant JBS is investing 150m reais ($28.3m) to double processing capacity at a beef plant in Brazil, its home market....
Nestlé criticized for hypocrisy in sugar content of baby formula and cereals
In a recent report, it was revealed that Nestlé adds sugar and honey to specific brands of infant formula and breakfast cereals in lower-income countries,...
Mosa Meat secures multimillion-dollar funding from new investors
The Dutch cultivated-meat producer Mosa Meat has secured €40m ($42.5m) in funding from a mix of new and existing investors, including VTEC Ingredients, a business...
Three Scottish seafood companies join forces to create Trinity Seafoods, a new processing business.
Trinity Seafoods, a new whitefish processing company in Scotland, has been launched by The Don Fishing Company, Seafood Ecosse, and Denholm Seafoods. Based in Peterhead,...
Bell Food Group to divide its overseas poultry division
European meat and convenience food company Bell Food Group has unveiled its decision to separate its international poultry unit, which was previously part of the...