Kerry Dairy introduces innovative dairy-and-oat hybrid range, a first in the category
In a UK first, Kerry Dairy introduces Smug Dairy, a new chilled brand combining oats and dairy. Smug Dairy products will be stocked at Tesco,...
Category : Finance
Frescatto Company and Prime Seafood announce partnership to exclusively offer Brazilian seafood products
In the food and beverage industry, two Brazil-based seafood companies, Frescatto Company and Prime Seafood, have announced a merger to enhance their competitiveness and strengthen...
Lactalis acquires Portuguese cheese brand owner Sequeira & Sequeira
French dairy major Lactalis has acquired Portugal’s Sequeira & Sequeira, the owner of cheese brand Paiva, for an undisclosed sum. Sequeira & Sequeira, primarily a...
Avara, a leading UK chicken producer, under fire for alleged river pollution in legal battle
A compensation claim has been filed against UK-based poultry group Avara Foods for allegedly causing damage to a major river and its catchment area. Solicitors...
Mondelez adjusts SnackFutures responsibilities
Mondelez International has recently restructured its SnackFutures unit to focus primarily on venture capital investments. Established in 2018, SnackFutures initially worked on creating new brands,...
Murdoch Allan, a Scottish baking group, acquires a local competitor
Aberdeen-based baked goods manufacturer Murdoch Allan recently completed the acquisition of Scottish baking group Teviotdale Bakery, expanding its presence in the food and beverage industry....
Premium Brands Holdings foresees ongoing difficulties for the seafood industry
Premium Brands Holdings anticipates challenges in the seafood market due to lobster supply and consumer demand in Canada. During a discussion with analysts, CFO William...
HKScan makes significant investment in new production facility in Finland
HKScan, a Finland-based food group, is investing €8m ($8.8m) into a convenience-foods factory in western Finland. This investment will focus on developing new ready-to-eat products...
E.C. Phillips & Son acquires Alaska plant from Trident Seafoods
Trident Seafoods, a major player in the US seafood industry, has recently sold its processing plant in Petersburg, Alaska, to local company E.C. Phillips &...
Modern Baker and Hovis Come Together in Partnership Deal
In a strategic move to target the health-conscious consumer market, UK bread processor Hovis has entered into a three-year licensing agreement with better-for-you baked goods...