Mondarella’s Five-Year Growth Strategy Includes Opening Up to External Investment
German plant-based cheese producer Mondarella is open to external investment to support its growth plans. Speaking at the IFE trade show in London, founder and...
Category : Finance
CMA investigates T&L Sugars and Tereos deal in second stage of probe
The UK Competition and Markets Authority is moving forward with an investigation into T&L Sugars’ proposed acquisition of Tereos’ UK assets, citing concerns about competition...
Albert Bartlett finalizes acquisition of Jersey potato company
Albert Bartlett, a UK potato supplier, has recently acquired The Jersey Royal Company (JRC) from Produce Investments, a key player in the UK fresh potato...
Grupo Lala appoints former Danone executive as new CEO
Mexican dairy major Grupo Lala is set to name Francisco Camacho Beltran as its new CEO, taking over from Arquímedes Adriano Célis Ordaz starting May...
Seaboard Foods’ Pork Division Announces Chad Groves as New CEO
Seaboard Foods, a US pork processor, recently announced the appointment of Chad Groves as its new CEO. Groves, who previously served as the company’s senior...
Bridgetown Natural Foods to Open Second Snacks Plant in the US
Bridgetown Natural Foods, a contract manufacturer specializing in better-for-you snacks, is set to invest $78.3 million in a new production and distribution facility in Tennessee....
Nestlé plans a $130 million investment in sustainability practices for African suppliers
Nestlé, a Swiss giant in the food and beverage industry, is committed to investing R2.5bn ($131m) over the next five years in its collaboration with...
Maspex Group details its investment strategy
Poland-based food and drinks giant Maspex Group is set to invest 650m zlotys ($164.2m) this year in various capex projects aimed at enhancing operational efficiency...
Little Moons appoints Joanna Allen, former Graze and Unilever executive, as new CEO
Little Moons recently appointed former Graze snacks and Unilever executive Joanna Allen as the new CEO of the UK-based mochi dough ice-cream business. Allen assumed...
Japan’s Kibun Foods Acquired by Maruha Nichiro in Minority Stake Deal
Maruha Nichiro, a leading seafood processor, has made a strategic move by acquiring a 9.9% stake in Kibun Foods, a company renowned for its fish...