Marc Werner announced as new CEO of Costa Group
Costa Group, the Australian fresh produce company recently acquired by an investor consortium, has appointed Marc Werner as its new chief executive officer (CEO). Werner...
Category : Finance
Gobarto of Poland Proposes Acquisition of Local Meat Company Albo
Polish pork giant Gobarto has submitted plans to acquire local pork and poultry manufacturer Albo, seeking approval from the Office of Competition and Consumer Protection...
Morrisons considering the possibility of selling bakery site in the UK
Morrisons, a UK retail giant, is reportedly considering selling its Rathbones bakery unit in West Yorkshire as part of efforts to reduce debt levels. According...
Fyffes to introduce new branding for bananas sold in mainland Europe
Fresh produce company Fyffes is rebranding its bananas in mainland Europe under the new consumer brand Trudi’s, focusing on the premium banana segment. This move...
Italy fines Lactalis for violating dairy code regulations
In Italy, Lactalis, a France-headquartered dairy group, has been fined for “unfair” trading practices following a complaint from Coldiretti, the country’s main farmers’ association. The...
Maple Leaf Foods to Combine Meat and Plant-Based Divisions in Merger
Maple Leaf Foods, a key player in the food and beverage industry, announced plans to merge its meat and plant-based protein businesses following a successful...
Grieg Seafood makes a substantial investment in a value-added facility
Grieg Seafood, a prominent Norwegian salmon farming business, is investing Nkr130m ($12.4m) in a new value-added facility near Oslo airport. This new facility will process...
Kroger-Albertsons deal to face lawsuit from US FTC
Next week, the US Federal Trade Commission along with several states are expected to file a lawsuit to prevent retail giants Kroger and Albertsons from...
Competition watchdog in Turkey announces Nestlé’s fine
Nestlé has faced a fine of Tl346.9m ($11.2m) from competition officials in Turkey for violating competition laws. Back in January, Nestlé, known for Aero chocolate,...
Mondelez’s legal action prompts Tony’s Chocolonely to change packaging
Mondelez has threatened legal action against Tony’s Chocolonely and demanded that they change the colour of their packaging in Germany. Due to claims made by...