Finance Archives - Page 105 of 166 - Food and Beverage Business

Prime Meats Expands Acquisition Strategy following Investment from Shoreline Equity

FAB Team1 May 20241 May 2024

by FAB Team1 May 20241 May 20241437

Prime Meats, a US processor and supplier to retail and foodservice, has secured an undisclosed investment from Shoreline Equity Partners. Ian Garland, a principal at...

Finance

Nestlé Bounces Back with Spring-Loaded Sales Rebound Following Decline in US Market

FAB Team30 April 202430 April 2024

by FAB Team30 April 202430 April 20241249

Nestlé expects its “real internal growth” to bounce back after a decline in the first quarter of 2024. The key RIG metric, which excludes pricing...

Finance

General Mills considers selling its North America yogurt business

FAB Team30 April 20247 August 2024

by FAB Team30 April 20247 August 2024972

General Mills is exploring the potential sale of its yogurt business in North America, which includes popular brands like Yoplait, Liberté, and Ratio Food. The...

Finance

Guala Closures expands into crown closures market with acquisition of Astir Vitogiannis

FAB Team30 April 202430 April 2024

by FAB Team30 April 202430 April 20241329

Guala Closures has announced a strategic agreement to acquire Astir Vitogiannis Bros, a prominent manufacturer of crown closures. Astir, which produces over 12 billion closures...

Finance

Daisy Brand, a US dairy manufacturer, plans to construct a new production facility

FAB Team29 April 202429 April 2024

by FAB Team29 April 202429 April 20241099

Daisy Brand, a US-based dairy products manufacturer, is set to construct a new factory in Iowa with the support of state funding. The family-owned company...

Finance

Oscar Mayer jobs in jeopardy as layoffs extend to Wrexham ready-meals facility

FAB Team29 April 202429 April 2024

by FAB Team29 April 202429 April 20241066

Oscar Mayer is considering downsizing its UK factory in Wrexham to ensure a sustainable future for its chilled ready-meals business. The company is facing the...

Finance

German government calls for further recipe adjustments to reduce sugar, fat, and salt in processed food and drinks

FAB Team29 April 202429 April 2024

by FAB Team29 April 202429 April 20241099

Germany’s Federal Ministry of Food and Agriculture (BMEL) recently revealed new data showing that levels of fats, sugars, and salt in some processed food and...

Finance

Spain’s Angulas Aguinaga ventures into plant-based seafood market through new start-up Vrave

FAB Team26 April 202426 April 2024

by FAB Team26 April 202426 April 20241076

Spanish seafood company Angulas Aguinaga is expanding into seafood alternatives with the launch of a konjac-based calamari in collaboration with start-up Vrave. The product will...

Finance

Arla Foods Purchases Volac’s Whey Nutrition Division

FAB Team26 April 202426 April 2024

by FAB Team26 April 202426 April 20241002

On April 23, 2024, Arla Foods Ingredients announced its acquisition of Volac’s Whey Nutrition business through a purchase of shares. The UK-based Volac group operates...

Finance

PepsiCo’s First-Quarter Earnings Impacted by Quaker Recall

FAB Team26 April 202426 April 2024

by FAB Team26 April 202426 April 20241103

PepsiCo’s Quaker Foods division experienced a first-quarter loss due to a product recall that led to the closure of a US granola bar and cereal...

Category : Finance

Prime Meats Expands Acquisition Strategy following Investment from Shoreline Equity

Nestlé Bounces Back with Spring-Loaded Sales Rebound Following Decline in US Market

General Mills considers selling its North America yogurt business

Guala Closures expands into crown closures market with acquisition of Astir Vitogiannis

Daisy Brand, a US dairy manufacturer, plans to construct a new production facility

Oscar Mayer jobs in jeopardy as layoffs extend to Wrexham ready-meals facility

German government calls for further recipe adjustments to reduce sugar, fat, and salt in processed food and drinks

Spain’s Angulas Aguinaga ventures into plant-based seafood market through new start-up Vrave

Arla Foods Purchases Volac’s Whey Nutrition Division

PepsiCo’s First-Quarter Earnings Impacted by Quaker Recall

Catalina Snacks Announces Leadership Team Changes

Westfalia Fruit Unveils Updated Sustainability Strategy

Pladis Global, McVitie’s Manufacturer, Appoints Frankgerald Stepp as Chief Supply Chain Officer

Metsä Board to Highlight Fresh-Fiber Paperboard Solutions for Foodservice and Premium Corrugated...

M&S Named the UK Public’s Best Supermarket for Limited-Edition Items

Impruv Acquisition Strengthens Constellation’s Cold Chain Presence