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....
Category : Finance
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...
Lactogal Acquires Portuguese Cheese Producer Queijos Santiago
Lactogal, a dairy company based in Porto, has recently acquired Queijos Santiago, a Portuguese dairy company known for its local cheese brand. The deal, which...
Newlat’s M&A Appetite Persists with Four Dossiers Still on the Table
Newlat, a prominent player in the food and beverage industry, is actively exploring potential acquisitions, as indicated by the company’s chairman. Earlier attempts to acquire...
Aliment Capital invests in Agrovision’s berry business
US-based berries supplier Agrovision has secured investment from Los Angeles investment firm Aliment Capital. The company, operating in China, aims to achieve further growth with...
Private equity owner of Chosen Foods considering selling US group
The owner of US-based avocado products maker Chosen Foods is reportedly considering selling the business for over $600m. Los Angeles-based private-equity firm Butterfly Equity, which...
Arla Foods to expand mozzarella production in the UK
Arla Foods, a dairy cooperative, is making its “largest ever investment into the UK” by investing €210m ($227.6m) in mozzarella cheese production at its Taw...